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IconPARTICIPATION BOND MANAGERS

Fairheads Bond Managers (Pty) Ltd

Tel: 021 410 7800
Fax: 021 410 7999
Postbox:
P O Box4392
Cape Town
8000
Scope:
Eastern Cape, Free State, Gauteng, KwaZulu-Natal, Mpumalanga, North-West, Northern Cape, Northern Province, Western Cape.
Participation Bond Managers
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From The Glossary »

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Simple interest:

Simple interest is straight forward interest, for instance, if you invest R1 000 at a simple interest rate of 12% per year, you will earn interest of R120 making your saving a total of R1 120 after the first year. For as long as your money is invested you will earn 12% per year, i. e. R120, that is added to your original investment of R1 000.
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