If you want the certainty of a fixed return and have $5,000 or more to invest, a term investment may be a great option. You can choose to invest in a term deposit or a term PIE fund.
Where you deposit a lump sum, for a fixed term, and receive a fixed rate of interest.
An investment that works in a similar way to a term deposit but you could have the advantage of paying less tax.
How can I split my term investment?
Work out how you can get a better overall return by splitting your term investment over a range of different maturity periods.
Term deposit/Term PIE
120 days, $10,000 min