Understanding Fixed Interest Rates – a guide for investors aims to help investors make informed decisions about investing in the ever growing range of investments which fall under the fixed interest banner.
Macquarie Financial Services Group's New Zealand boss John Rowley says that investors are now faced with such a daunting array of fixed interest products that often don’t spend time getting back to basics, such as the potential risk they are taking on in return for the promised returns.
“New Zealanders seem to have developed a fascination for all things fixed interest because of their love of regular income. As a result, during recent years we have seen huge growth in the popularity of finance companies offering very attractive returns,” Rowley says.
“Investors have rushed into these offers, drawn in by a headline rate, often without appreciating the potential risks involved.”
Rowley says investors needed to fully understand the risk/reward pay off before they invested in any investment, and they should also be aware of the alternatives available to them.
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