The aim of our money market funds is to provide a low-risk environment that provides a high degree of liquidity. Liquidity is an essential part of a well-managed portfolio, and holding liquidity funds can be a good short-term investment as it involves little risk. Over the longer term, however, investors need to realise that a risk does exist for liquidity as an asset class since interest earned may be lower than the rate of inflation. Inflation is the increase in the general level of prices in an economy over time and reduces the purchasing power of money.
For further information on a fund, please click on the fund name or please click on the 'Fund centre' tool bar to access prices, fund performance and monthly fund factsheets.