For the emergency funds, is it better to keep it in FD or MMF? Or is it better to keep a mix between both?

FD is interest rate is known upfront and locked upon placement but cannot uplift prematurely as earned interest could lose (varies from bank to bank).

MMF is sort of daily interest. Its performance is tied much tied to KLIBOR and OPR movement. Redemption/Repurchase could take days depending on fund manager platform (some could be fast as in T+1 and some could be slow up to few working days).

I don't even bother with FD. I use money market and cash .

Cash as in hard cash?

No la. Put in banks account.

Money market fund for emergency funds and saving account for funds that form part of my monthly budgeted expenses.

Everything else is invested in various asset classes from low - high risk.

Best,
Jiansheng

i try to check what is the latest Phillip Money market Fund interest rate, but found latest rate 2.7% for Mac 2020

Anyone knows where to check the rate for Apr or May 2020 ? Is it still around 2.5% or already below 2%?

From Factsheet:


May ROI:


Fund Factsheet:
https://www.eunittrust.com.my/pdf/Factsheet...00052020_fs.pdf

Fund Page:
https://www.eunittrust.com.my/Home/FundDetail/?fcode=001100

thanks.
looking for avenues to dump my MBSB FD money,
heartache now 3% at BR

A stupid question here. I bought some of the fund and how exactly do I see the interests? It's not really visible from the dashboard. the NAV is always 0.5.. lol

Edit: OK just realized they give payouts on 1st of every month

This post has been edited by MrTaxxi: Jun 29 2020, 11:43 PM

But what if we buy at 1 Jan and sell at 16 Jan, will we still get the dividend?

Yes still get.

June ROI

Would like to ask a noob question.

Notice that PMMMF is fixed NAV but with monthly distribution.

However, RHB Cash Management Fund 2 (RHBCMF2) has variable NAV but no distribution.

If I want to know which is better, what metrics do I look at for an apple to apple comparison?

This post has been edited by asil66: Jul 18 2020, 10:23 PM

For performance can try compare by calender year ROI track record?
Is their 3yr volatity% same?

Thanks. Just saw I can compare their cumulative growth % across different periods. RHB is slightly more volatile than PMMMF. But overall I think PMMMF is better.

May I know if we can open a PMMMF account without going thru an agent?

This post has been edited by asil66: Jul 19 2020, 10:27 AM

googled and found this...
maybe you can try explore into this site to see if you can buy it without going thru agent?
How Do I Purchase Unit Trust Funds?
https://www.eunittrust.com.my/Home/HowTo

This post has been edited by MUM: Jul 19 2020, 12:06 PM

Check the returns.
Fsm money market fund return is listed on product page
PMMMF is on homepage.

PMMMF is quoted at 2.4% pa (for June 2020) while RHB CMF2 is quoted at 2.168% pa (upon login - Nett Interest Rate)

This post has been edited by GrumpyNooby: Jul 19 2020, 02:32 PM

do consider Stashaway Simple