Watch FSiTV featuring high-profile economist and Smarter Money Investments portfolio manager Christopher Joye, who is interviewed by editor Alice Uribe.
In the interview, Joye explains how holding an actively managed cash portfolio made up of term deposits and investment-grade floating rate notes may provide a better return on clients' cash, without materially increasing risk.
With interest rates at record lows, many advisers are scratching their heads wondering how to get a better return on clients’ cash, without materially increasing risk. More actively managed cash portfolios made up of term deposits and investment-grade floating rate notes could provide the answer.
The independent asset-consulting firm, Atchison Consultants, has upgraded its existing investment rating on the Smarter Money Active Cash fund from “Recommended” to “Highly Recommended.
In this commentary, YBR Funds Management’s portfolio managers explain for ordinary investors why booming credit markets mean future term deposit rates are likely to be poor…
We are pleased to announce that our “active cash” product, Smarter Money Active Cash, has chalked up its second year of consistent returns on 17 February 2014. When launched back in February 2012 the RBA cash rate was 4.25%. They were the days! As you know, the RBA cash rate has now fallen to a record low of 2.5% and it is hard to find TD rates above 3.7% within a 12 month time horizon.