CAN I INVEST FOR INCOME?
The aim of an income fund is for it to produce a regular income for you. Investing in an income fund for at least five years can provide with regular income and a very welcome supplement to your earnings or pension.
Depending on the amount invested, it could raise your standard of living, allow you to take a career break or look forward to a more comfortable retirement. Income funds are generally a lower risk than growth funds. If you would like to grow your capital but avoid high risks, this may be possible by reinvesting the returns from your income fund in the same fund.