Income and investment funds
An income fund focuses on providing a regular income rather than growth of the capital amount. Income funds are mutual funds where different investor funds are pooled together and invested in stocks, bonds and other securities.
Income funds have long been regarded as consistent reliable performers generating strong levels of income returns. They are an extremely popular investor tool and there is a wide variety of income funds to choose from.
Investment funds are popular because they allow investors to spread the risk and benefit from the expertise of professional fund managers. However, with more and more investment funds to choose from making the right choice can be difficult so it is important to read the small print and speak to a qualified professional if you are not sure.
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