Compare funds that invest in cash
Money market funds, or money funds, are collective investment funds that primarily invest in cash assets, such as bank deposits and very short term fixed interest securities.
Seen as a low-risk investment option, returns on money market funds may be lower than those provided by higher risk investments, but the liquid nature of the funds means that they can be a good short term investment solution.
Money market funds are generally designed to pay an income through interest on cash-based investments.
See the table below for examples of funds available through the Fair Investment ISA and Investment Account: