The most attractive monetary funds to protect savings
El nuevo ciclo de subidas de tipos de interés impulsa las perspectivas de los fondos monetarios Leer
The European Central Bank's (BCE) recent interest rate hikes have made low-risk investment funds, such as money market funds, more attractive to cautious investors. These funds, which invest in short-term public debt and bank deposits, have offered returns of around 1% so far this year and up to 2.1% over the past year, according to Morningstar.
Some top-performing funds include Renta 4 Renta Fija 6 Meses, Groupama Trésorerie, and AXA IM Euro Liquidity, with returns of up to 2.12% over the past year. Fund managers expect returns of up to 2.5% over the next 12 months, potentially increasing with another BCE interest rate hike in September. Money market funds offer liquidity and tax advantages, but also charge fees and carry some minimal risk.
Written by urgent.news from Expansion ES's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
