Can I withdraw funds from Blossom Plus 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 $5,000 account balance is required, otherwise you may need to make a full withdrawal.

Blossom Plus withdrawals are processed quarterly (every 3 months). You can make a withdrawal request until 6pm Auckland time (usually 4pm Sydney time) two weeks before calendar quarter end. Withdrawals requested after the cut-off will be processed after the end of the following quarter.

Don't worry, requesting a withdrawal will not impact your earnings. We will post earnings on these funds every day until the end of the quarter.

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.