U try comparing la
One is affin hwang enchanted deposit fund, one is East spring islamic income fund.

Remember feed back here 😁

Versa said their 2.46% don't know how accurate.

why SAMY still say 2.4% pa?

can u ask and tel us here?

Possible at that rate with another OPR rate cut of 0.25 this year which looks like gonna happen by Q2

But the key feature fast liquidity so it’s better than sitting the money in savings if it’s workable as key selling point 

UOB's One Account is not too bad as well with interest rate ranging from 1.65% to 2.15% (provided criterias are fulfilled). Don't have the hassle transfer funds here & there.

Not difficult to fulfill the criteria, as UOB One Account is my main bank account. Naturally, I will have bills to pay..
The best returns are still in stocks..

any money market funds in singapore that is easily accessible to malaysians who have sg account? so far money only in sg bank account doing ntg, and im not ready to go into higher risk investments there yet.

Can, you can register with your passport.

Expired passport cannot use for registration. I also go to renew passport in order they activate my account 

Hi guys, I'm very new to MMF.
Having my emergency fund parked at PMMMF for more than half year now, due to its liquidity & relatively slight above average returns.

However, the return rate is gradually slipping off ever since 2020.
From the previous posts, it seems that OPR and MMF performance could be relative to each other; may I know how exactly the OPR is affecting MMF the performance?

Thanks for the replies.
Like I mentioned, I'm very new to MMF. If you ask me, I think barely know about the implication of OPR.
Tried my best to understand the concept, but it's still very abstract to me.
I'm not a professional in finance, economy, you see. The product fact-sheet is filled with finance-jargons. That's why I am asking.

Thanks to you, I manage to know that MMF allocation consists of interest-imposed products available in bank.
Btw, what's TIA?  My search results are not helpful at all.   
And it seems that the amount of returns from those products was determined by OPR, I presume.

May I know if all the following products/instruments depending on OPR as well?

Asset allocation: Primarily in government / government-backed securities, bills of exchange, negotiable certificate of deposits, promissory notes,
call deposits and other short-term government/ bank-backed securities and money market instruments.
Section Allocation as at 31st Dec 2020:
100% Cash, The Fund invest in Short-term Money Market Instruments and Placement in Short-term Deposit only

May I know what's the significance of different weightage of cash/bond in a MMF product?

Just type any amount

Updated-withdrawal completed. Get money faster. It is ok compare to status update.
Can continue to use since its work

based on extra fees on versa, allocate+ is better

according to ironman

U try confirm with Versa, remember share it later

The annual management fee of 0.32% will be split in half between Versa and AHAM, he says, adding that “Versa will be in charge of customer acquisition and the continuous development of its mobile app while AHAM will focus on managing the money of the investors”.

https://www.theedgemarkets.com/article/fint...est-both-worlds

both is for diff purpose.
Versa - should be better than stashaway simple. fast deposit, withdrawal and 2 week income distribution. Not to forget, delay will get overnight interest.
AllocatePlus - good to buy Affin hwang unit trust in small fraction compare to FSM. Like potential to invest even with small amount of money.
Anyway, good for diversification option.