Quote:
Originally Posted by Unregistered
The schroder Asian income fund pays about 5% interest per annum. Every month can get interest. How is this avenue for parking idle funds ?
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This is a popular and quite an ok fund for parking money. I prefer however,
UOB Asian high yield bond fund. HY has been the yield monster for the past 3 years, went down just a bit for the last few months and looking at markets now it is set to remain as a yield monster.
I prefer this HY as it did not have any oil related HY bonds exposure and avoided the swiber and related meltdown that cause most global HYa 8-10% drop in value. Almost a one year return for investors.