Leo_Leo123
commented on a stock · Oct 15, 2024 09:17
Daily returns getting low
$Fullerton SGD Cash Fund (SG9999005961.MF)$anyone notice daily returns are getting lower since more than a month agao?used to be around 1$ per 10k, now its like 70- 80cents.
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Dadacai
:
The Feds started cutting interest rate in Sep so T-bills and MAS bills also followed in anticipation. This fund mainly invests in MAS bills and SGD bank deposits. You want higher returns then you have to be prepared for higher risks.
Dadacai : The Feds started cutting interest rate in Sep so T-bills and MAS bills also followed in anticipation. This fund mainly invests in MAS bills and SGD bank deposits. You want higher returns then you have to be prepared for higher risks.
agreeable Hound_0795 : although it's low, it's stable