The risks of dividend income funds
Investors and financial advisers assume that putting cash in a money market fund is like keeping it in a bank vault. But recent events have shown that you cannot be complacent about the risk.
Dividend income funds are also seen as a low-risk place to keep cash, but most of them are highly complicated products whose structures are closely guarded secrets. Both these products fall under non-equity funds, and they come under the magnifying glass in the latest edition (the fourth quarter of 2009 issue) of Personal Finance magazine. In the latest issue, find out:
Ten things you need to know to know about income protection;
What experts say about the “lifestaging” approach to retirement;
Personal Finance magazine is the only publication of its kind in South Africa dedicated to giving you all the information you need – in language you can understand – to manage your money wisely and grow your wealth. It is on sale now in book shops and retailers nationwide for only R24.