Mostly affecting corporate entity as those fund primary investor are corporate entity, whereby many corporate are putting extra money in those wholesale money market fund, whereby income received in the money market fund is tax exempted.

While most individual investors are investing in bond/equities fund which is not affected by the above ruling, but it may affect a little on other UT fund when fund manager placing their cash holding in those money market fund.

Can post at fund thread if any further discussion, as this thread main for ASN fixed price fund discussion. Thank you.

Please do not OT too much, as this topic is about ASN Fixed fund only.

Thank you.