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The objective of Cash securities - which include money market investments, term deposits, interest bearing deposits and bank bills - is to protect the money invested in them. As a result, their values do not fluctuate as widely as those of Shares, Fixed Interest/Bonds or Property. The low risk of these investments, however, comes at a price: lower long term rates of return than Shares, Fixed Interest/Bonds or Property. But that's also why Cash securities are considered a less volatile place to put emergency funds or to park money for the short term.
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