Er I think you weren't paying attention to what I wrote earlier. SG UT is 0% service charge, 0% platform fees, 0% switching fees (depending on what platform you use)

So example if I were to put in SGD1000, the full SGD1000 will be invested.   Have I found the fund which give same/higher return with same volatility as Malaysia? You betcha. That's why I said a 15% return in Malaysia is not the same with 15% return in SG.

The only think I will lose
- Bank's TT (min 1% of my total transfer value)
- But as I said, I found a way around the bank's charges as fintech truly is awesome. Moneymatch gives same/better return than what money changers give. Best part of all, all can be done via online   

So what do I lose? No bank charges, no service charge, no platform fees, same or higher returns as Malaysia.

So want to join me or not? No need to set foot in SG at all. You can do it all from Kuching.   The door is still open until SG govt close the door  Don't say I bo-jio.   

MUM

I reply you both in FSM SG thread. Nanti post here, org report la/org mengamuk   

CMF is RHB managed money market fund.

Cash Account is
Read Chapter 21 about Cash Account in FAQ:
https://www.fundsupermart.com.my/fsmone/funds/faq-funds

The interest rate is quite low for Cash Account:

The net interest rate for the Cash Account in MYR is 2.60% (base interest rate of 3.10% - 0.5%). The 0.5% represents FSMOne and bank’s admin fees, which are at 0.25% per annum respectively. Currently, there is no interest earn for Cash Account in AUD, SGD and USD.

Some people could be complaining that selling proceed into CMF takes longer TAT.
This Cash Account to shorten the period.

Just my guess.
They're not holding the money themselves.
They're just agent.

Some people could be complaining that selling proceed into CMF takes longer TAT.
This Cash Account to shorten the period.

Just my guess.
They're not holding the money themselves.
They're just agent.

1. Cut down on transaction time when you buy and sell mutual funds via the Cash Account;
2. No minimum balance is required and there is no lock-in period;
3. No monthly charge;
4. View your balance online anytime;
5. Deposit and withdraw money anytime; and
6. Earn higher interest rates

FSMOne consolidates the monies deposited by all investors in the cash account and deposits it with a licensed bank in Malaysia. As long as there are sufficient funds in your Cash Account, the funds can be used to pay for your unit trust purchases immediately.

CMF still takes time because it's still a fund managed by RHB.
You need execute the sell order and fund managers need to buy the units back.

Cash Account is just like e-wallet.
When you cash out, you will get the money within the working day itself (if before 3pm) as stated in FAQ.

Unit split declared for Principal Asia Pacific Dynamic Income Fund - MYR -> 3 : 4; Received 3 new units for every 4 units hold.



Interestingly that the PRS fund declared its first time distribution first:



Wondering if that unit split will alter the PRS fund NAV too?