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Freetrade’s new easy-access funds aim to beat top savings rates

November 20, 2023

Via: MoneyWeek

Investment platform Freetrade, known for letting users trade shares from their phone, has launched a collection of easy-access exchange traded funds (ETF) that track the overnight interbank rate in the UK and US.

The Cash Investments ETFs seek to track or outperform overnight interbank interest rates and pass on any changes in the rate lenders are charging each other to investors. It also gives investors freedom to access their investments without a penalty.

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