Cash Plus Fund

外汇网2021-06-19 13:52:59 251

A type of fund, commonly found in Australia, that is formulated for conservative investors seeking pservation of capital and reasonable investment returns.

The portfolio managers of cash plus funds invest in a mixture of high-yield, fixed-income securities and money market securities. The success of these funds is commonly compared to the UBS Australian Bank Bill Index and the fees are generally very low.

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