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- Categories: Financial News
Are you investing for growth, income or both?
You should consider whether you are primarily investing for growth, income or both. If you want some income, but no risk to your capital, you could choose a money market or cash fund, which means a professional investor will be working to get the best available interest rates. If, however, you are willing to take some risk with your capital, you may wish to choose a fund that invests in bonds, which provide a rate of interest higher than is available with cash. Alternatively, there are equity funds that invest in shares of companies and seek to generate income rather than capital growth, aiming to pay out higher than average dividends. Funds that offer a mixture of both shares and bonds are known as managed funds.
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