Outline ·
[ Standard ] ·
Linear+
Money market fund
|
asil66
|
Jul 18 2020, 10:23 PM
|
|
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
|
Jul 19 2020, 10:18 AM
|
|
QUOTE(MUM @ Jul 18 2020, 10:31 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
|
|
|
|
|
|
asil66
|
Jul 20 2020, 10:29 AM
|
|
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. 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
|
|
|
|
|