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 Money market fund

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asil66
post Jul 18 2020, 10:23 PM

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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
asil66
post Jul 19 2020, 10:18 AM

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QUOTE(MUM @ Jul 18 2020, 10:31 PM)
For performance can try compare by calender year ROI track record?
Is their 3yr volatity% same?
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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
asil66
post Jul 20 2020, 10:29 AM

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QUOTE(Ramjade @ Jul 19 2020, 01:03 PM)
Check the returns.
Fsm money market fund return is listed on product page
PMMMF is on homepage.
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Thanks @Ramjade.
On FSMOne, seems like currently the best performing money market fund is Pacific Cash Fund (referring to 1-month & 3-month returns). They are invested 100% in deposits. But seems like their performance is slightly better than PMMMF. Is there any catch that I may have missed? NOtice PCF's volatility is slightly higher as well.

This post has been edited by asil66: Jul 20 2020, 10:32 AM

 

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