You protect your money while giving it space to grow through low-risk investment funds. you are an investor with a low appetite for risk and you are amenable to modest returns. You embrace the concept of “slowly but surely”. You have money lying around but might need it anytime soon, so your investing horizon is closer towards the medium-term.
Bond funds can be good guards against inflation and it can preserve (though not be guaranteed) your money value for the short-term. This is for the conservative investors who are risk-averse, who do not want to subject their money in market volatilities, thus opting for a safer investment instrument, yet protecting it against the effects of inflation. The recommended time horizon for this type of fund is one to three years.