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FSMOne Malaysia
post Nov 4 2022, 09:38 AM

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64 posts

Joined: Sep 2022
QUOTE(alpha team @ Nov 3 2022, 02:41 PM)
say i havve 50k short term plan to put in MMF, which 1 is better now in term of  performance, stability, reputable?

is Versa good,  i little worry about will it go close down suddenly, not office to any 1.
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wonder which MMF u going to invest?

You can actually consider our FSMOne MMF, RHB Cash Management Fund 2 (CMF2), 2.514% p.a, the rate is based on annualized interest rate minus 0.40% as at 02 Nov 2022

you can park your money in the CMF2 at 0% sales charge to earn potentially better returns while waiting for the right time to invest.

and also, Our business is under iFAST Capital Sdn Bhd while client’s assets are registered under iFAST Nominees Sdn Bhd. Therefore, in the unlikely event that the business goes bust, clients assets will not be affected as it is separately registered under a nominee.
FSMOne Malaysia
post Nov 9 2022, 02:26 PM

Getting Started
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Junior Member
64 posts

Joined: Sep 2022
QUOTE(Aaron212 @ Nov 4 2022, 09:42 AM)
With the rates and inflation now 2.5 is really really low

It cant keep up with inflation so we're actually losing money
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Hmmm I see some banks offer 4%+ FD interest rate.
but at least you can use MMF to manage your cash flow in a convenient way without any hassle lock-in periods.

 

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