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Seeks a return similar to a 30 day term deposit rate. Low risk savings type investment.
Risk vs Return
This fund attempts to provide a yield that is better than the straight Australian cash yield by buying higher yielding securities, still low risk.
MONY attempts to provide a return that exceeds the Australian Reserve Bank Cash Rate. Low risk with regular income.
Very low risk investment with regular income. Like a savings account.
2018 Bigwig.com.au Financial Services Guide