This type of income fund is very consistent. That's why its yield is so low. Also, there's no risk involved. It's almost exactly like a GIC.. with just a little bit higher yield.
jeffrey815(Smartiecat)
Advantage, you can take it out any time. Unlike fixed GIC which is normally fixed during the period and if you take it out, you loss all the interest. Disadvantage, your deposit is not gurantee.
(#343768@0) Last Updated: 2002-1-22 This post has been archived. It cannot be replied.