Cash Plus Fund
A type of fund, commonly found in Australia, that is formulated for conservative investors seeking preservation of capital and reasonable investment returns. Investopedia Says:
The portfolio managers of cash plus funds invest in a mixture of high-yield, fixed-income securities and money market securities. The success of these funds is commonly compared to the UBS Australian Bank Bill Index and the fees are generally very low. Related Terms:
Flight To Quality
Government Security
Money Market
Money Market Fund
Short-Term Investment Fund - STIF |