This fund provides a high degree of liquidity to investors seeking short term security or are close to buying their first home. The fund invests in New Zealand dollar bank deposits, term deposits and short dated money market securities.
A lower risk investment fund that is appropriate for investors who are close to
retirement or purchasing their first home or alternatively used as a diversification tool to reduce the volatility of a broader portfolio. Income funds typically deliver lower returns, though will have a lower likelihood (though it can still happen) of incurring a loss.