Phillip Money Market Fund
Phillip Money Market Fund aims to preserve principal value and maintain a high degree of liquidity while producing returns comparable to that of Singapore Dollar savings deposits. The Fund 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.
Fund Information
- Asset Class:Cash & Equivalents
- Sector:Diversified
- Geography:Singapore
- Benchmark index:Bank Savings Deposit
- Launch Date:16 Apr 2001
- Launch Price:1
- Fund Currency:SGD
- Fund Source: CASH,SRS-IA
- CPF Risk Classification:
- Price Made Known On:T+2
- Price Type:Bid and Offer
- Dealing Cut Off Time:3:00PM Spore Time
Information
Cash | CPFOA-IA | CPFSA-IA | SRS-IA | |
---|---|---|---|---|
Minimum Investment Amount | SGD 500 | - | - | SGD 500 |
Minimum Subsequent Investment | SGD 100 | - | - | SGD 100 |
Minimum Redemption Amount ($)/units | 100 Unit(s) | - | - | 100 Unit(s) |
Relevant Charges
Cash | CPFOA-IA | CPFSA-IA | SRS-IA | |
---|---|---|---|---|
POEMS Sales Charge | 0% | - | - | 0% |
Internal Switch-in Charge/Min Switch-in Charge | 0.00 % / $ 0.00 | - | - | 0.00 % / $ 0.00 |
External Switch-in Charge | NA | - | - | NA |
Redemption/Realisation Charge | NA | - | - | NA |
Annual Management Fee | 0.45% | - | - | 0.45% |
Annual Trustee Fee | 0.04% | - | - | 0.04% |
Expense Ratio | 0.37% | - | - | 0.37% |
Fund Manager Sales Charge | NA | - | - | NA |
Admin Fee | NA | - | - | NA |