LIFE Trust has introduced the LT Henderson Liquid Assets fund for investors in its Longevity Income Plan (LIP).
The new cash fund comes in response to IFA requests in the face of the recent volatility and offers an investment that is protected from the vagaries of the market. It is a unit trust primarily investing in short term deposits, certificates of deposit and other UK money market instruments. The fund provides a good return for more risk-averse investors and maintains security and liquidity by investing in instruments with certain minimum short term ratings and durations of less than 12 months. Moody's and Fitch have both awarded it their highest ratings for funds of this kind. Andy Bris...
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