Benefits For Your Clients

In early 2008, Cofunds introduced the Cofunds Cash Account, to enable investors to hold cash on the Cofunds platform whilst allowing advisors to efficiently manage investment portfolios.

All Cofunds clients have a cash account which will sit seamlessly alongside their existing investment holdings.

Benefits

• Simplifies transactions

  - the cash account allows you to sweep lots of individual transactions, automatically, into one place including dividend income, proceeds from redemptions and trail rebate
  

• Helps manage your client income

  - facilitates investors' one-off and regular withdrawals
  

• Allows timely investment

  - cash can quickly be invested online, with no need to wait for cheques to arrive in the post
  

• Offers efficient shelter during adverse markets

  - allows your client to move quickly out of the market and be ready to reinvest when the opportunity arises
  

• Pays a rate of interest.

Overall, the Cofunds Cash Account simplifies your clients’ day to day investment administration and provides you with clearer processes for your business.