Securing a credit against your portfolio can be a convenient solution for immediate expenses, but it’s crucial 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 interest cost can vary depending on broader economic conditions. While often slight
Unraveling Loan Interest on Mutual Funds
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 commit. Interest rates for these loans are typically influenced by factors such as the current market conditions, the lender's risk appetite,