1) Yes.

2) I will go for RHB CMF 2, https://www.fundsupermart.com.my/main/fundi...Fund-2-MYOSKCMF But after reading this https://www.fundsupermart.com.my/main/resea...-May-2017--8400, 

3) CMF invest in FDs. So you think leh?  eGia-i is used as loans to people.

Wrong thinking. Unit trust is a basket of stocks. While CMF is unit trust which invest in FDs (not sure about CMF in SG . But for malaysia that's what it invest in). So if you put in normal unit trust, if the market turn suddenly, unit trust will be affected. Why? A fund manager cannot hold 100% cash while you can. That's one of the difference between us and them. So in bad times, the stocks market goes down, unit trust will also go down. Bonds also not spared (as shown in Trump tantrum in Nov). In good or bad time, FD is fixed. It will never fluctuate.

There's one alternative to CMF though. Amanah saham fixed price fund. Because NAV is fixed at RM1/unit, you will never lose money.