Stock request: Money Market Funds

[rehpot]

@hiqpwouk

Vanguard Sterling Short-Term Money Market Fund

Unfortunately, FT doesn’t offer this type of fund and it is unlikely to anytime soon. However, it should be able to add an exchange-traded alternative such as CHS2.

Lyxor Smart Overnight Return GBP UCITS ETF (Acc.) - CSH2 - Share chat

As interest rates rise, we really need a ETF we can use to park cash balances where they will hold their value and generate a small return. Unlike its competitors, Freetrade doesn’t pay interest in cash balances (above the excellent 3% on £4k plus deal), so as interest rates rise and Freetrade’s competitors increase the interest they pay on cash balances, Freetrades low fees are at risk of being outweighed by the loss of interest. We have access to various bond-based ETFS (ERNS, IGLT, etc), bu…