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Funds

Investment funds, money market funds, returns, fees and liquidity.

01

What is an investment fund?

How pooled investment funds work and why different fund structures behave differently.

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02

How money market funds work

What money market funds invest in, how returns are generated and where the risks sit.

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03

Fund yields and returns

Why gross, net, annualised and effective returns are not interchangeable.

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04

Fund fees explained

Management fees, operating expenses and why small percentages matter over time.

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05

Fund liquidity and withdrawals

What liquidity means in a fund and why redemption rules matter.

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06

How to compare investment funds

A simple framework for comparing mandate, holdings, return, fees, liquidity and risk.

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