try entering code in promotion, no harm trying

It's just -2% from the peak, wait for -20%.

Stashaway Simple projected 2.4% pa is subjected to OPR rate. With latest drop, the return is less than 2.4% pa.
Another issue with Simple is the longer duration to process buy and sell order.

Besides that, there other money market funds which give competitive rate against Simple but with less processing time like Philips Money Market Fund, etc.

PMMMF doesn't project rate like Simple™.

They publish their monthly return in their website in annual format:

PMMMF return as of July 2020

the GLD dip yesterday hurt quite a bit 

P/S: mine is 36% portfolio

They will maintain 1% cash in hand for all portfolio.

Citibank charges 0.1% as fee

I think SA all portfolios have 1% cash asset weight allocation? I've noticed some of the converted USD remains as cash to meet that 1% target weight

Something I'd like to share here. I have just used a promotion code BFM. It waives management fee of up to 100 K for the next 3 months.

Tbh how many really bear markets can you find these days?

A proper bear market is a mini recession followed by a true recession. You need to monitor bond market and bond prices to be really sure of that. I’ve encountered 2 in my 15 years of investing. What do you really want to do at those times can make or break if you do the wrong thing whereas in both cases just doing nothing also not that bad eventually.

https://www.fsmone.com.my/funds/tools/facts...t?fund=MYAMICPS
[FSM is not able to buy thou]

IMO there is gives and takes, merely a preference

compare with the yearly performance, FD rate might outperform at some years
but FD has lock in period, amincome plus dont have

SA amincome plus allow you to invest in small amount, slower settlement period
buying through fund house require you to fulfill min and subsequent investment amount.

Buying through fund houses be prepared to pay for management fees

Don’t compared to FD because Simple interest while MMF is compounded by daily interests hence MMF will still outperform FD anytime 

that's Amincome not Amincome plus, they are both different funds.

management fee by fund manager on the fund itself is charged anyhow u bought from SA or FSM or any other channels.

but there are others fee e.g. sale charge, platform fee or not, it is depending on the distribution channels.

FSM dont distribute this fund,
SA dont charge any fee.

management fee by fund manager on the fund itself is charged anyhow u bought from SA or FSM or any other channels.

Through SA no fees plus guaranteed 2.4% plus rebates from SA

If you buy direct 0.7% management fee hence you earning 0.2% lesser

Learn to check and read properly on the sales charges beforehand simply buying a fund 

for me it is no brainer, riskier, higher return. usually, it is how it works.

for your question would I consider Amincome Plus? yes, why not
in fact I even park my money in a higher risk income fund

I am not persuading you to do so thou, everyone has different risk appetites.

let me somehow teach u a way of gauging your risk appetite, by the downfall rate
taking the example of 2020 March crash, amIncome plus fall from 101.53 to 99.94 which is approximately -1.57%



are you ok with this risk/downfall? if yes, then why not, you are happy to go with the 'riskier' fund with better performance.