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Cash Plus Fund

2020-08-03 18:29 浏览:486
A type of fund, commonly found in Australia, that is formulated for conservative investors seeking preservation 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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