Securing a credit against your investment can be a convenient solution for immediate expenses, but it’s important to understand the associated charges. Typically, these rates are variable, often linked to a benchmark like the prime rate plus a spread. This means your charge can change depending on broader economic conditions. While often somewhat
Mutual Fund Loans: Understanding Interest Rates
Securing a loan against your existing mutual fund investments can be a convenient way to access funds when needed. However, it's crucial to understand the interest rates associated with such loans before you proceed. Interest rates for these loans are typically influenced by factors such as the prevailing market conditions, the bank's risk appetite