You put the money there, at the end of the calendar month, you get the distribution (equivalent to profit). Unlike GIA though, you will not get the profit immediately upon withdrawal.

According to the Prospectus: -
Where a Unitholder requests for a full redemption on his investment in PMMMF within the month, any income distribution subsequently declared will be automatically paid out to the Unitholder on the first working day of the following month. Under such circumstances, the Unitholder must provide his bank account number and the bank’s name to facilitate banking of the income distribution cheque to his bank account.

That is a good question. I am not sure about that as I am unaware how the distribution will be calculated.

Hi, I am very interested on this one. A few quick queries:

Q1. Is this the one ? PMMMF
Q2. No sales charge nor disposal fee nor any other charges?
Q3. Funding is by FPX or IBG or credit card or any other channels ?
Q4. What is the end time to transact to get T+0?
Q5. T+0 presumably for working day only?
Q6. Any minimum buy/sell amount?

Thanks for sharing. 

Good to know that. What if we withdraw / sell everything before the following month, the interest would be credited to the savings account then?

From what I understand from CS, even if you withdraw all by EOM, you will still get the equivalent unit the next month into the fund, thereby withdraw from the fund as per usual (no minimum redemption amount and holding amount), but need to try out this month to verify

Really 3.4x%?

When u invest into pmmmf, how long does it take to reflect in the holding for it to be available for redemption?