I've got some investable money. I'm seeking opinions whether I should park this money in money market fund or invest in Stashaway lowest risk index.
Not looking at Bursa for now as the index has got up substantially
Money market fund
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 May 20 2020, 10:50 PM
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#1
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Senior Member
2,429 posts Joined: Jul 2007 
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Jun 1 2020, 12:09 AM
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#2
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2,429 posts Joined: Jul 2007
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Why is Philip money market fund better than let's say Maybank FD rate?
If I compare Maybank 12 months FD, current rate is 2.1% p.a but Philip money market fund 1 year performance is only 0.9%. Do I miss out something or I don't understand correctly? QUOTE(Ramjade @ May 16 2020, 11:57 PM) Possible. You need to see the rate every month. It will change monthly. Highest is Philip money market fund.  |
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Jan 29 2021, 07:57 PM
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#3
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2,429 posts Joined: Jul 2007
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Actually don't understand why Affin Hwang needs another platform just to sell 1 product where they already have collaboration with FSM and eUnittrust
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Jan 29 2021, 08:53 PM
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#4
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Min investment amount is the threshold set by Affin Hwang. They can set a minimal amount for FSM/eUnittrust the same way like Versa as well if they want to
QUOTE(ironman16 @ Jan 29 2021, 08:44 PM) actually that affin fund is 0% sales charge , but minimum initial is big.....org biasa x dapat...... if u got 100k, u invest with affin n u come out with an apps n just ask ppl join u n u charge them 0.3% management fee oso can  |
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