Cash Fund - Cash Plus to max cash returns
$Fullerton SGD Cash Fund (SG9999005961.MF)$ is the first cash fund I brought in sg and the only growing fund I am holding right now. (The rest bond funds n equity funds I hold are all decling... ![]()
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Recent return is about 0.5%-0.7%, which is 2 to 10 times of bank base rate. Even though some banks offer bonus interest but there is always a cap and normally quite troublesome to meet the requirements. In that case, cash fund may be a good alternative for cash more than 100k.
The only con is that the redemption would take 3 trading days. So I still keep some cash with bank just in case.
Another tip is to make the best use of fund coupons by subscribing cash fund. At least that's what I did, even though I missed out a few promos and some coupons expired before I notice. Anyway, it's never too late to start.
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Recent return is about 0.5%-0.7%, which is 2 to 10 times of bank base rate. Even though some banks offer bonus interest but there is always a cap and normally quite troublesome to meet the requirements. In that case, cash fund may be a good alternative for cash more than 100k.
The only con is that the redemption would take 3 trading days. So I still keep some cash with bank just in case.
Another tip is to make the best use of fund coupons by subscribing cash fund. At least that's what I did, even though I missed out a few promos and some coupons expired before I notice. Anyway, it's never too late to start.
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Finzy : Hi whats the difference between “subscribe” and “auto invest” in this case?
MM W OP Finzy : Subscribe is like one time purchase while auto invest is regular purchase set with certain schedule like weekly or monthly..
Finzy MM W OP : Thank you
猪儿143 : good
Cyinsect : Me too . All decrease except cash fund.![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
nukeskull : got a question. you just dump your money in there and grow right?
MM W OP Cyinsect : That's why I think it's the safest place for now.. Plan to see how in May then decide whether to invest elsewhere or not..
MM W OP nukeskull : Yup
skc2021 : So Cash Plus is an investment fund for idle money. Appreciate the info.
Ⓐⓑⓒ MM W OP : wat the min purchase for cash fund?
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