My outlook on Cash Plus Fund and reviews about Smartsave and RSP features

My outlook on Cash Plus finds is positive as the investment gives investors a choice with relatively high returns and flexibility in term of liquidity. I will continue to invest a substantial amount into Cash Plus funds which is one form of passive income. Like all mutual fund, investing in Cash Plus funds has risk although it's relatively low and so far the return has been positive daily. For investing in $CSOP USD Money Market Fund (SGXZ96797238.MF)$ , you also need to factor in the SGD - USD exchange rate volatility risk.
I've activated Smartsave and used RSP also known as Regular Saving Plan.
Smartsave has pros and cons. The pro is it automatically invest all your withdrawable cash into Cash Plus funds. As Cash Plus funds such as $Fullerton SGD Cash Fund (SG9999005961.MF)$ and $CSOP USD Money Market Fund (SGXZ96797238.MF)$ redemption is T+0 day, you can re-invest immediately after redeemed. The liquidity allows me to trade options when opportunity arises usually in short notice. The con is cash withdrawal is T+2 days after redeemed; you need to wait 2 business days to exchange to other currency like USD for investment. As auto-redeem (or auto-subscribe) are not clearly showed, I have no ideas how much cash is available for trading options or buying stock and this made me worried.
RSP is a wonderful feature for investors who like DCA (dollar cost averaging). It will remove the emotional trading of greed (FOMO over bought) and fear (panic sold).
Last, Moomoo occasionally introduces some rewards in using RSP for existing users in terms of points and cash fund coupon. This is also a kind of special bonus.