Dry Powder: Where to Park Your Cash
Many Happy Returns
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CSH2 Money Market Fund
The Money Market Fund, CSH2, tracks this Sonya thing somehow. It's based on the rate banks are paying to lend to each other? That's right. And if you look at their webpage, it actually holds a bunch of assets which are equity simply to collateralize the swap inside it. But it is not an equity fund, and it does not have the volatility of an equity fund. So we'll be very close to the Bank of England Bank rate.
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