Banking on deposits still suits some investors

Five-year term deposits is not a strategy for everyone, or an entire fund, but has its merits.

This week I want to talk about term deposits. It is a subject most self-managed fund and private investors almost want to forget because the rates are now so low, and look like falling further. But a fixed portion of one of my funds has a five-year term deposit strategy and last week I secured 5% deposit money, government-guaranteed. The opportunity is still there for those interested in such a strategy, but it’s not for everyone.

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