It’s always wise to have some money in the bank, enough for short term needs that can be accessed instantly. Unfortunately, over the last decade, interest rates paid by bank accounts have fallen to close to zero (or zero in some cases). This means that because of inflation, your money does not grow in a bank account and once you have accounted for inflation, is actually decreasing in value.
The aim of the T. Bailey Dynamic Fund is to keep pace with inflation and deliver 3% growth above that. This allows you to save, knowing that not only will the value of your money be maintained but that it will also be worth more in the future.