Can I withdraw funds from Blossom Save when I need them?

You can make a withdrawal request at any time through your account on the web, iOS or Android app. It can be all or part of your investment in the Fund. A minimum $50 account balance is required, otherwise you may need to make a full withdrawal.

Blossom Save withdrawal requests made prior to 6pm Auckland time (usually 4pm Sydney time) on a business day will generally be processed for same-day payment (subject to banking and payment systems). Withdrawal requests made after that time will be processed for payment the following business day (subject to banking and payment systems).

Redeeming your savings may give you taxable gains, depending on your individual circumstances. Please refer to the PDS to learn more about how fixed income funds are taxed.

Please also refer to the PDS to learn more about how the law and the Fund Constitution have to allow for possible suspensions of redemptions and even for extended delays but we think that is unlikely.