Skip to main content

IELTS Reading Test 5 section 2 - IELTS Simulation Test - Bài dịch An investment society giving information about savings and investment options IELTS listening

An investment society giving information about savings and investment options IELTS listening​

Welcome to the information line of the State Investment Society. Why would you choose to put your money into an investment society and not a bank? Well, SIS offers everything you'd expect from a bank but the difference is we're a cooperative. We're 100% owned by our customers - people like you - and that means we always put your best interests first. You won't see our profits going into large foreign-owned finance corporations. No, you'll see them coming back to you and your local community.
Chào mừng đến với đường dây thông tin của Hiệp hội Đầu tư Nhà nước. Tại sao bạn lại chọn đầu tư tiền của mình vào một hiệp hội đầu tư chứ không phải một ngân hàng? Vâng, SIS cung cấp mọi thứ bạn mong đợi từ một ngân hàng nhưng điểm khác biệt là chúng tôi là một hợp tác xã. Chúng tôi thuộc sở hữu 100% của khách hàng - những người như bạn - và điều đó có nghĩa là chúng tôi luôn đặt lợi ích tốt nhất của bạn lên hàng đầu. Bạn sẽ không thấy lợi nhuận của chúng tôi chảy vào các tập đoàn tài chính lớn thuộc sở hữu nước ngoài. Không, bạn sẽ thấy chúng trở lại với bạn và cộng đồng địa phương của bạn.

tip

Xem bài dịch đầy đủ tại APP IELTSsongngu.com.
Xem Câu hỏi và đáp án bên dưới

As a co-operative, we work hard to keep our fees competitive and absolutely minimal. Even better, we can advise you about ways to avoid fees. Here are some suggestions: firstly, we recommend you carry out as much of your personal banking as possible with us. We won't charge account fees unless your account becomes inactive for some reason. See? No unnecessary fees. Secondly, if you maintain certain minimum account balances, you won't have to pay any transaction charges for transferring money between any accounts that have the same customer number, although there may be some service charges that apply such as the establishment of automatic payments. So, how can we help you?

Let's look first at Savings Options. We can give you three options. Our Internet Account earns you interest from your very first dollar deposited. You don't have to maintain a minimum balance and you earn a good interest rate from the start. Interest calculated daily and paid into your account monthly. You always have immediate access to you money by using the Internet, Text, or Telephone banking. What's more there are no account or transaction fees.

With our Stairs Saver scheme, the more you save the higher interest you earn. Again, there is no minimum balance but as your balance grows, you'll earn higher interest rates. There are three interest tiers or steps plus bonus interest. Interest is calculated daily and paid monthly. Now, what about access to your money? You are free to make as many withdrawals as you like but if you restrict them to one a month and your balance increases over that month, then you'll earn that bonus interest.

With our Simple Saver scheme, access is available anytime and we don't impose penalties for withdrawals. This scheme has one interest rate, no minimum balance and interest is calculated daily and paid annually at the end of the financial year - the 30th of June. So, you can see that savings accounts are ideal if you're starting from scratch. Do you know you can open a savings account with as little as ten dollars? They're usually the best choice for short-term financial goals.

For the longer term we recommend some kind of investment account. Let's take a look at our investment options. Starting with the safest...the most secure, low risk option is a basic Term Deposit, starting with a minimum deposit of $L000. Interest is calculated daily but you can choose whether to have it paid out monthly, quarterly or at maturity. What we recommend, if you really want to see money grow, is having interest compounded quarterly. You'll only get access to your funds when your Term Deposit matures so be sure to think carefully about the amount of time before you lock it away - it could be anything from 6 months to 5 years.

Bonds are generally a longer commitment but they may bring better rewards in the future. There is a minimum deposit of $5,000 and interest is calculated daily. You may choose to have interest compounded quarterly or paid out quarterly. And, of course, you'll have access to your money when your Bond reaches maturity.

Looking really long term, there is our Retirement Fund which is of course a savings plan for retirement. There is no minimum deposit but the good news is that you can choose to contribute a certain percentage of your income before tax is paid on it. As for interest, well, you choose a particular type of fund, which has a different level of return depending on the level of risk. And access? Well, not before you turn 60 years old. As I said, it's a retirement scheme.

Câu hỏi An investment society giving information about savings and investment options​

Questions 11-13​

Choose the correct letter, A, B or C.

11 The SIS is

  • A a non-profit making organisation.
  • B owned by an international corporation.
  • C a collective owned by ordinary people.

12 The SIS

  • A has no fees.
  • B has low fees.
  • C avoids paying fees.

13 SIS accounts with the same customer number

  • A will be charged for setting up automatic payments.
  • B attract no service charges.
  • C must have a minimum balance.

Questions 14-20​

Complete the table below.
Write NO MORE THAN TWO WORDS AND/OR A NUMBER for each answer.

SAVINGS OPTIONS​

Savings AccountMinimum balanceInterest InformationAccess
Internet AccountNoneEarn good rate from first dollar. Calculated daily and paid monthlyVia Internet, TXT, telephone. No account or 14 ............. fees
Stairs SaverNone - but higher rates for bigger balances3 tiers plus 15 .............. Calculated daily and paid monthlyUnlimited withdrawals but better to limit to once a month
16 .............NoneOne interest rate, calculated daily and paid on 17 .............Anytime—no penalty for withdrawals

INVESTMENT OPTIONS​

Investment AccountMinimum depositInterest InformationAccess
Term Deposit - Safe and 18 ............., low risk$1,000Calculated daily and paid monthly, quarterly, or at maturityOnly at maturity
19 ............. - longer term but better returns$5,000Calculated daily and compounded or paid out quarterlyOnly at maturity
Retirement FundA certain percentage of 20 ............. before taxDifferent levels of risk and returnAt 60

Đáp án​

Bấm để xem đáp án

SECTION 2, Questions 11-20
11. C
12. B
13. A
14. transaction
15. bonus (interest)
16. Simple Saver
17. (the) thirtieth/30th (of) June/30 June/June 30
18. secure
19. Bonds
20. income