Frequently Asked Questions
Excess Funds Management Facility (SMART Park)
What is SMART Park?
SMART Park is an excess funds facility that manages your account’s idle cash by investing them on discretionary basis into the Phillip Money Market Funds. The money market funds invested are Phillip Money Market Fund for SGD, and Phillip US Dollar Money Market Fund A for USD.
Other faq that might help you
- What is SMART Park?
- What is Money Market Fund?
- 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 earnt 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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