Sterling Deposit Fund
Get an attractive deal on cash investments
Latest fund prices and yields
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How does the Sterling Deposit work?
The Sterling Deposit Fund is designed as a secure, flexible way to make your money work for you: invest over any timescale, get a regular quarterly income, or reinvest your dividends in the Fund to purchase more shares and withdraw your money fee free whenever you need it.
You can invest anything from £1,000, or as little as £50 per month with our regular savings plan.
You can check your investment value online at any time with our online portfolio service, or request a paper statement.
Whenever you want to access your money, just sell some or all of your shares in the Fund — there are no penalty fees.
We have a dedicated call centre where you can speak directly to a fund representative.
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What's the level of risk?
Cautious: For the investor where there is only minimal risk involved but returns may be modest. Purchasing power of your money may be significantly reduced by inflation.
Read our guide to the different risk levels.
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What will I be investing in?
Cash: the Sterling Deposit Fund invests in sterling cash deposits in banks and building societies. By pooling the money of many investors it can offer better rates of interest than are available to the individual investor.
Read our guide to the different types of investment.
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How long should I plan to invest for?
You can invest in the Sterling Deposit Fund for the short, medium or long term.
It's an ideal way to invest money that you may need to use at short notice:
- easy access to your investment.
- no withdrawal charges.
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Who is the Sterling Deposit for?
Choose the Sterling Deposit Fund if you're looking for:
- a flexible timescale: typically you want to invest some capital in the short term — but you may need to use the money within the next few years.
- a secure investment: because this Fund invests primarily in UK bank and building society deposits, there is minimal risk to your capital.
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Who is the Sterling Deposit not for?
The Sterling Deposit Fund is not the right choice if:
- you want long-term capital growth: if you want to grow your money over at least 5 years and don't need a regular income, take a look at our growth funds.
- you're looking for high returns: if you're willing to take greater risks for potentially greater returns, you can find a fund that suits you using our Savings and Investments Finder.
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How to apply
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It should be remembered that the value of shares and the income from them can go down as well as up and cannot be guaranteed. The dividend may fluctuate in value in money terms.