Hello
I am considering changing the fund into which my AVC go. The two safr oprions that I seem to have are a Cash Fund, with a 2.5% return in the last 12 months or a Long Bond option with a 6% return.
Can someone enlighten me with regard to Bonds? Are these issued by companies or just goverments? Are they safe, in that if a company goes bust what happens, are the bond returns likely to be affected by the recent government commitments?
many thanks
I am considering changing the fund into which my AVC go. The two safr oprions that I seem to have are a Cash Fund, with a 2.5% return in the last 12 months or a Long Bond option with a 6% return.
Can someone enlighten me with regard to Bonds? Are these issued by companies or just goverments? Are they safe, in that if a company goes bust what happens, are the bond returns likely to be affected by the recent government commitments?
many thanks