In a world where it’s not easy to make ends meet, a life-long job and the possibility of a big house with an outdoor patio are all very attractive, but not everyone can afford them.
The Franklin Income Bonds are a retirement account designed to provide some stability to retirees in need of income, while at the same time offering a small, diversified nest egg to people who have the cash to put into the fund.
The Franklin Income bonds are created when the total amount of assets under management exceeds the investment threshold of $50,000 and a portion of the proceeds are used to purchase annuity products.
The fund has a $250,000 investment limit and is available to all investors aged 55 or older.
“We think there’s a very healthy amount of wealth in the world, particularly among those who are on a fixed income and who are able to invest in something that has a long-term, sustainable future, which is an asset-based investment.
We think this is a good investment for people who need it for the long term,” Frank Stoddart, the managing director of the investment firm, said.
Stoddart said the fund was also designed to make it easier for people to understand what they are investing in.
“It’s a simple concept, and it’s very straightforward,” he said.
“You’re taking a small amount of money and making sure you’re diversifying it, that you’re not putting too much into a few investments, so that you can diversify over time.”
That’s a good thing.
“Investors can invest up to $100,000 per annuity product, with the balance paid to the fund, and the balance can be returned to the investor in one of three ways: the fund can be invested in fixed income products; an index fund; or the cash-out fund, which Stoddard said is designed to attract more diversified portfolios.
Investors who invest in the fixed income product can take advantage of the fund’s lower fees, while those who invest on the index fund can receive a higher return on their investment.”
The index fund is the one that we think is the most likely to attract diversified investors, and that’s the cash out fund,” Stoddarts said.
The cash-in fund also offers some of the most attractive returns among all the investments.”
A lot of people are really happy with the cash in fund because of the low fees and the high returns,” Stossart said.
In a recent analysis of the funds performance, Morningstar rated it as one of the top-rated index funds on the market, with an average return of 15.3 per cent, while the cash savings fund was rated a B+ by Morningstar.”
If you look at it, it has a fairly solid portfolio and the low costs, low fees, low volatility, low downside and the higher return mean you can get an even better return for your money,” he added.”
So we think the cash is a very attractive investment, and we think this will attract a lot of money into the index, and if you’re looking for something with a lower risk-adjusted return, then we think that’s a great investment.