Phillip SGD Money Market ETF
SGX: MMS
103.195
0.00%
Share Price in SGD. As of 13 May 13:20:25 SGT
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Fund Highlights
Fund Description
Phillip SGD Money Market ETF is an actively managed fund that invests in high-quality, short-term Singapore-dollar instruments, aiming to deliver returns in line with prevailing SGD short-term interest rates.
Key Features
- 1Capital stability with SGD returnsThis fund invests in high-quality, very short-term Singapore-dollar instruments such as bank deposits and short-dated bonds. Its primary aim is to preserve the value of your capital while earning returns in line with prevailing SGD short-term interest rates.
- 2Exchange-traded for easy accessUnlike a traditional fixed deposit, this ETF is listed on SGX and can be bought or sold at any time during market trading hours. This gives you the flexibility to access your funds quickly without being locked in for a fixed period.
- 3Regular income distributionsThe fund is designed to distribute income to investors on a regular basis, reflecting the interest earned from its short-term holdings. This makes it attractive for investors who prefer a predictable income stream from their cash holdings.
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