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Avoid the crowd – it might be that the dash for cash of the last few years will ultimately prove to be wrong over the next five years or so.
Shane Oliver, Head of Investment Strategy & Chief Economist at AMP Capital looks at the options.
All funds purchased at dollarDEX under CPFIS are offered at 0% sales charge for clients in the PrivateClient+ category.
And pay no platform fees too!
Transfer your funds and receive up to $50 in shopping vouchers.
No charge to transfer but must be completed by 30 June 2012 to qualify.
Unit trusts come in an amazing variety. Some offer very stable returns with very little risk.
Here we feature unit trusts that are good for managing your spare cash.
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To preserve principal value and maintain a high degree of liquidity while producing returns comparable to that of Singapore
Dollar savings deposits. The Fund invests primarily in short term, high quality money market instruments and debt securities,
which may include government and corporate bonds, commercial bills and deposits with financial institutions.
| 1-year gain | +0.52% | Risk level | Low | Asset class | Cash Mgmt |