What is 'guaranteed interest fund' in SAP FS-PM - Policy Management?

guaranteed interest fund - Overview

• Component: FS-PM

• Component Name: Policy Management

• Description: Fund that guarantees a minimum level of interest calculation.

guaranteed interest fund - Details

• 
  Key Concepts: 
  A guaranteed interest fund is a type of investment fund offered by SAP FS-PM Policy Management. It is a type of investment fund that guarantees a certain rate of return, regardless of market conditions. The rate of return is determined by the fund manager and is usually higher than the rate of return offered by other types of investments. 
  
  How to use it: 
  To use a guaranteed interest fund, you must first select the fund from the list of available funds in SAP FS-PM Policy Management. Once you have selected the fund, you will need to enter the amount you wish to invest and the duration of your investment. The fund manager will then calculate the rate of return based on the amount invested and the duration of your investment. 
  
  Tips & Tricks: 
  When investing in a guaranteed interest fund, it is important to consider the risk associated with the investment. The rate of return may be higher than other types of investments, but there is also a greater risk that you may not get back all of your money if the market conditions change. It is also important to consider any fees or charges associated with investing in a guaranteed interest fund. 
  
  Related Information: 
  For more information about investing in a guaranteed interest fund, please refer to SAP's documentation on FS-PM Policy