Digital wealth supervisor Moneyfarm has launched a portfolio of cash market funds managed by world asset managers.
The fintech is launching Liquidity+ for buyers seeking to protect their short-term financial savings at a time of high-interest charges.
The cash market fund, a kind of mutual fund investing in short-term, low-risk debt securities, will enable buyers to exit or transfer money into their account with out restrictions on withdrawals or deposits.
“With Liquidity+, we’re providing a low-risk funding possibility with engaging yields, managed by high world institutional asset managers,” Moneyfarm CEO Giovanni Daprà mentioned.
“We perceive that not everybody has the time to navigate market volatility, and that is why we’ve got fastidiously designed Liquidity+ to cater to buyers with short-term investing time horizons.”
The brand new merchandise observe the launch of Moneyfarm’s sustainable funding and thematic portfolio, and up to date information that the corporate noticed each its consumer numbers and property hit report highs within the first half of the yr.
For Liquidity+, the funds can be chosen by the corporate’s asset allocation staff, led by chief funding officer Richard Flax.
The funds will deal with bonds, deposit certificates and industrial paper, with each the institutional managers of the funds and Moneyfarm monitoring and managing the restricted threat publicity.
