Elston Managed Bond Strategy

About this strategy

1. Higher interest rates following increases in the Bank of England “Bank Rate” means yieldson cash are attractive once again.
2. There are different ways to access cash yields: bank deposits, platform cash and moneymarket funds each have advantages and disadvantages.
3. ​Minimising frictional costs, and maximising flexibility is key when developing a cashmanagement strategy, in our view.

In this research note for our clients, we explore the role of money market funds in providing a low risk platform-based Investment with a yield similar to Bank of England rates.
​Further reading:
Read our October 2021 comparison of money market funds and fixed time deposits

Reasons why to consider money market funds:
1. similar yield to Bank of England rate
2. more flexible than a fixed term deposit
3. each fund is FSCS protected