As a response to low and falling deposit rates, we launched our Cash Alternative Strategy in June of this year. This strategy is comprised of three low volatility funds which fulfil the criteria of being highly liquid (they can be traded daily) and distributing an income of 3.5% annually or higher.
Over the first 10 months of 2017, the Cash Alternative Strategy has returned 4.7% to investors, substantially ahead of both inflation and deposit rates.
Recent commentary from international bank economists suggest that European interest rates will not be rising any time soon and, when they do start to rise, it is likely to be at a slow pace. As a result it remains our view that clients need to seriously consider alternatives to cash in the bank. At current very low interest rates, the value of cash is being eroded in real terms and while we all need to retain a certain amount of cash liquidity, bank deposits are not a proper home for long term savings.
If you would like to pursue this strategy or if you would like to explore it further, please contact your us on 01 2375500 or email email@example.com
More information on this strategy available –