IFR deal profiles: Ballarpur, Reliance Power, Tata, China South Locomotive
20 September, 2008Australia’s battered listed property sector
1 October, 2008Fees
Low – up to 0.51% a year.
Gripes
Hard to gripe about a product which does exactly what it says on the tin: keeps your money safe and growing modestly in the tough times. You might quibble, though, that you can get more from an internet cash account from the likes of ING (though the tax position is an issue).
Verdict
Doing what it promises to do – and that’s mighty attractive right now
Chris Wright
Chris is a journalist specialising in business and financial journalism across Asia, Australia and the Middle East. He is Asia editor for Euromoney magazine and has written for publications including the Financial Times, Institutional Investor, Forbes, Asiamoney, the Australian Financial Review, Discovery Channel Magazine, Qantas: The Australian Way and BRW. He is the author of No More Worlds to Conquer, published by HarperCollins.