Frequently Asked Questions
Excess Funds Management Facility (SMART Park)
What are Phillip Money Market Funds?
Phillip Money Market Funds aim to preserve principal value and maintain a high degree of liquidity while producing returns comparable to that of Singapore Dollar savings deposits. The Funds will invest primarily in short-term, high-quality money market instruments and debt securities. Such investments may include government and corporate bonds, commercial bills and deposits with financial institution.
Other faq that might help you
- What is SMART Park?
- What can I do with SMART Park?
- How safe is my money with SMART Park?
- How do I subscribe to SMART Park?
- How do I deposit money into SMART Park?
- Can I withdraw anytime? How do I withdraw money from SMART Park?
- How is the return derived? How do I see how much I have earned from SMART Park?
- Is there a minimum balance to maintain in SMART Park?
- Are there any charges or fees imposed for SMART Park?
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