Solid but slow return from MMF.
Invested for more than a month, but the return is around 3.2% PA, and holiday is also off.
Not a good idea to invest, there are other better and safe option like saving account or fixed deposit, and even better performing MMF.
The subscription and redemption process is longer than expected which is very confusing to know and makes this tool less productive.
Nevertheless, there are times that MMF will come into work.
$United Money Market Fund-Class R (MYU9100AN000.MF)$
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