Investing for income
Income-generating funds are designed to provide regular income, either on a monthly or quarterly basis. If the income generated by your investment is important for paying your bills and maintaining your lifestyle, you can understand why income-generating funds put a special focus on security and consistency of returns.
Recommended investment products
Investment funds that aim to generate income invest in cash, corporate, government or municipal bonds, and/or mortgage-backed securities. Share prices of income funds are not fixed; they tend to fall when interest rates are rising and increase when interest rates are falling.
Investing to reach a goal
A savings goal could be anything from getting the deposit on your first house to taking a year off work to travel. Whatever your plans, you'll achieve your goal faster by investing in the right portfolio.
Are you on track to achieve your ‘some day’ goals? Ambitions like the renovating your home, education, travel, or a special dream can all benefit from a savings plan. With a targeted investment plan, you could be on your way to achieving these goals.
It takes more than luck to get what you want out of life. With a good financial plan, you can set aside some of today's income for the things you will want and need in the future.