Cash Plus Fund

  

Are you looking for conservative investment strategies…in Australia? If so, you’re in luck.

Given that we're all out of bridges to sell in Arizona, consider a Cash Plus Fund. These funds are designed by portfolio managers to help conservative investors protect capital over the long term.

The rule here for managers is: don't lose money.

Most of the funds tap into Australian cash and fixed income securities, and attempt to beat the Bloomberg Ausbond Bank Bill Index or the UBS Australian Bank Bill Index.

Find other enlightening terms in Shmoop Finance Genius Bar(f)