The investment objective of the Deposit Fund is to achieve a reasonable rate of return, whilst maintaining a high level of security. This Fund can be invested in a range of
interest-bearing investments, including bank and building society deposits, as well as short
term bills issued by the Treasury, local authorities or other corporate bodies.
The Deposit
Fund is particularly suitable for investors looking to protect growth already
achieved in other funds, as their investments approach maturity.
Under normal market conditions, over the
longer term, whilst the Deposit Fund has less potential to achieve investment
returns as high as the Managed Fund, the investment risk
attached is lower.
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