Money Market Fund Malaysia

Presently only funds launched in the market for at least 36 months will display the vf and its vc.

Money market fund malaysia. The fund aims to provide a low risk investment option that normally earns higher interest than traditional bank accounts. Deposits and money market instruments i e. These funds can be converted to cash. About united money market fund malaysia united money market fund is an open end unit trust incorporated in malaysia.

We offer a comprehensive range of products comprising conventional and shariah based unit trust and prs funds as well as financial planning services. Asset allocation of fund s nav deposits and or money market instruments that will mature within 365 days. The fund aims to provide income and liquidity. 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 on a specific future date.

Public mutual berhad a wholly owned subsidiary of public bank is a top private unit trust management company and leading prs provider in malaysia. In malaysia there are various unit trusts you can invest in. Principal money market income fund is a money market fund issued by principal malaysia. These consist of funds that are cash equivalent securities which are short term and highly liquid.

Fund year to date performance 1year 3year 5year since inception nav myr fund size myr million principal islamic money market fund formerly known as cimb islamic money market fund 2 04 2 81 10 45 18 54 46 72 1 0807 1 353 71. Negotiable instruments of deposits with maturity periods of more than 365 days but no longer than 732 days. The fund s portfolio may have changed since this date and there is no guarantee that the fund will continue to have the same vf or vc in the future.