Elston Money Markets Strategy
About this strategy
- Higher interest rates following increases in the Bank of England “Bank Rate” means yieldson cash are attractive once again.
- There are different ways to access cash yields: bank deposits, platform cash and moneymarket funds each have advantages and disadvantages.
- Minimising frictional costs, and maximising flexibility is key when developing a cashmanagement strategy, in our view.
Further reading:
Read our October 2021 comparison of money market funds and fixed time deposits