Cash Management Account

Cash Management Account

At a glance

Cash management accounts aim to provide higher potential returns compared to savings accounts, and greater flexibility compared to fixed deposits.

By putting your money in a cash management account, you will be investing in money market funds or bond funds. 

These professionally managed funds will put your cash in instruments such as bank deposits or short-term debt to earn higher interest rates.

Risks

  • Not capital guaranteed: There could be a negative return in a single day in some extreme cases. Bond funds carry a higher risk as there is a risk of capital loss in the event of default by the underlying bond issuer. 
  • Reinvestment risks: Investors may not get similar investment opportunities should interest rates decline. 
  • Not SDIC Insured: Unlike deposits in savings accounts, funds in cash management accounts are also not insured under Singapore Deposit Insurance Corporation Limited (SDIC).

Yield

The indicative 7-day annualised yield is derived from the past performance of the Fullerton SGD Cash Fund and should not be viewed as an indicator of future results.

Popular

Fullerton SGD Cash Fund “A” Acc

+3.7254%

7 day annualised as of 23 Apr 2024

Others

Fund name Gross yield
LionGlobal Short Duration Bond Fund 5.80%
Nikko AM Shenton Short Term Bond Fund 5.48%
United SGD Fund 4.77%
United SGD Money Market Fund 4.03%
Lion-Maribank SavePlus Fund 4.02%
Lion Global SGD Money Market Fund 3.92%
Lion Global SGD Enhanced Liquidity Fund 3.90%
Phillip Money Market Fund 3.25%
  • Phillip Money Market Fund’s gross yield is annualised monthly yield in September 2023
    Lion Global SGD Enhanced Liquidity Fund’s gross yield is weighted yield to maturity as of monthly yield in September 2023
  • Lion Global SGD Money Market Fund’s gross yield is weighted yield to maturity as of monthly yield in September 2023
  • LionGlobal Short Duration Bond Fund’s gross yield is weighted yield to maturity as of monthly yield in September 2023
  • United SGD Money Market Fund’s gross yield is weighted yield to maturity as of monthly yield in September 2023
  • United SGD Fund’s gross yield is weighted yield to maturity as of monthly yield in September 2023
  • Nikko AM Shenton Short Term Bond Fund’s gross yield is weighted yield to maturity as of monthly yield in September 2023
  • Lion-Maribank SavePlus Fund’s gross yield is weighted yield to maturity as of monthly yield in September 2023

Source: Various asset manager websites as of November 2023

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