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 Money market fund

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Gabriel03
post Aug 11 2020, 06:32 PM

On my way
****
Junior Member
663 posts

Joined: Jun 2017
QUOTE(Ramjade @ Jul 20 2020, 08:11 AM)
It takes 2-3 days to get money out.
PMMMF takes same day if using Maybank before 11am
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Even if use other bank, it takes one working day to withdraw provided the order is submitted before 9.45 am.

For purchase order, within one working day if the order is submitted by 10.30 am

This post has been edited by Gabriel03: Aug 11 2020, 06:35 PM
Gabriel03
post Aug 11 2020, 06:37 PM

On my way
****
Junior Member
663 posts

Joined: Jun 2017
QUOTE(GrumpyNooby @ Jul 29 2020, 10:32 AM)
2.4% pa as of June 2020.

I think Simple™ with Eastspring Investments Islamic Income Fund also can offer that:
https://www.eastspring.com/my/funds-and-sol...s?fundcode=E026

https://www.stashaway.my/simple
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Remember that the principal fund invest in money market and Islamic FD which are suspectible to the OPR. With recent drop of OPR, the projection should be amended.

 

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