What do other fixed-income heads think about this comment?
Personally, I would like to hear others’ opinions on this, because I have been using Likvidi B as a reserve fund. If the choice is between Likvidi B or cash in an account, Likvidi feels almost like a free lunch when comparing the two.
The only downside, of course, is that there is a slight delay in executing the sale of fund units and you can’t get the money out immediately, but on the other hand, when there is a small delay in withdrawing the money, you don’t jump on the FOMO bandwagon or join every new idea quite so easily. Additionally, what I’ve liked about Likvidi B is that withholding tax is not paid directly like on the interest of savings account deposits, and achieving a certain interest rate level doesn’t require the money to be locked in the account for x amount of time.