In the midst of competition for liabilities and with fixed-term deposits experiencing a gradual decrease in their remuneration, monetary funds emerge as an attractive alternative for those seeking to maximize their savings. Recognized for their low level of risk, monetary funds now offer returns of up to 3.9% per year and, unlike deposits, allow money to be withdrawn at any time. With no capital limit and the possibility of investing from one euro, these funds represent an interesting option for investors looking for returns without taking on great risks.
And what do they invest in? Mainly, in very short-term low-risk products, such as Treasury Bills, deposits or company promissory notes. Their profitability seeks to match interest rates and, although these products have not been sufficiently disseminated in Spain, they constitute one of the preferred investment instruments for Americans in times of high interest rates, such as today.
The specialists of the financial comparator HelpMyCash.com point out that, although monetary funds are recognized for their low level of risk, they are not exempt from fluctuations in market value. Therefore, they emphasize the importance of investors carefully evaluating their financial objectives and risk tolerance before making investments.
