Cash funds tend to be the safest form of investment. They invest in cash deposits, like a bank account, with a specified level of interest. Cash funds will suit investors looking for low-risk investment options. However, they may not be suitable for long-term investments due to inflation, which erodes the real value of savings over time and potentially low levels of interest payable. Details of the different Cash and Deposit funds you can choose from are listed below.
The Deposit Plus (Series 2) Fund is a cash fund which offers you the flexibility to move into equity markets at a time of your choosing.
- Invests in a variable rate deposit account with AIB Bank