Money Market Fund Malaysia 2020
The funds can be taxable or tax free depending on the strategies of the respective funds.
Money market fund malaysia 2020. We offer a comprehensive range of products comprising conventional and shariah based unit trust and prs funds as well as financial planning services. Fund prices fact sheets investment research advice and portfolio tools for oeics unit trusts isas peps etfs offshore and life and pension funds. Asset allocation as of 30 september 2020 market value s mil of net asset value corporate bonds 5 35 40 63 government bonds cash others 6 32 47 97 cash others 1 50 11 40 total 13 17 100 00. Negotiable instruments of deposits with maturity periods of more than 365 days but no longer than 732 days.
In a repo or repurchase agreement the bank sells its money market instruments approved by bank negara malaysia to an investor with an understanding to buy back the instruments at an agreed price interest rate. Asset allocation of fund s nav deposits and or money market instruments that will mature within 365 days. Money market funds and etfs limit their investment selection to highly liquid instruments including cash cash equivalent securities and high credit rating debt based securities with short term maturities. Public mutual berhad a wholly owned subsidiary of public bank is a top private unit trust management company and leading prs provider in malaysia.
As of 10 28 2020 edt. Deposits and money market instruments i e. These funds can be an alternative to cash holdings for investors who are keeping an eye out for the next investment opportunity tan sze nee fund manager of the phillip master money market fund says money market funds are. Sunday 1 november 2020 08 47 06.
0 0001 0 01 28 10 2020. Money market funds can be a useful place to park one s cash in the light of the current volatility in the global economy and expectations of a bear market going forward. The fund aims to provide a low risk. Money market fund 0 22 calculated using bid bid prices in singapore dollar terms with dividends and distribution reinvested.