Rate of return and fees
| Gulf Investment Cash Fund account balance | Rate of
Return
(p.a.) |
Effective Rate of Return* (% p.a.)
|
| If your marginal income tax rate is 30% | If your marginal income tax rate is 33% |
| Balance AED0 - AED9,999 | 1.05% | 1.06% | 1.08% |
| Balance AED10,000 - AED24,999.99 | 1.20% | 1.21% | 1.23% |
| Balance AED25,000 - AED49,999.99 | 1.25% | 1.26% | 1.28% |
| Balance AED50,000 - AED99,999.99 | 1.30% | 1.31% | 1.33% |
| Balance AED100,000 - AED19,999,999.99 | 1.35% | 1.36% | 1.38% |
| Balances AED20,000,000+ | 1.15% | 1.16% | 1.18% |
*The effective rate is the rate an investor would have to earn in a savings account to match the return they could earn in a Cash Fund account (after tax is paid) and based on a PIR of 28%.
| Account fees | Amount |
Base and transaction fees
| None |
