Money Market Fund
Phillip Money Market Fund (PMMF)
- The largest^ retail SGD Money Market Fund in the market
- No defaults amongst fixed income holding since inception (2001)
- High degree of liquidity
- Options to subscribe through Unit Trust or opt-in through Excess Funds Facility

What is Money Market Fund?
- An open-ended mutual fund that invests in short-term (less than 1-year), and low risk debt securities for liquidity.
- Investment objective is to preserve capital while providing higher yield.
- A low risk place to park your cash awaiting investment.
Phillip Money Market Fund (PMMF) aims to preserve principal value and maintain a high degree of liquidity while producing return. The Sub-Fund will invest primarily in short term, high quality money market instruments and debt securities.
Excess Funds Facility – SMART Park
What is Excess Funds Facility?
- Designed to allow your excess funds work harder for you while waiting for your next investment.
- Excess funds in your trading account with a minimum balance of $100 will be automatically invested into Phillip Money Market Funds, available in both SGD and USD.
- Units will be automatically redeemed from the facility for shares payment or other investment purchases.
- Fund withdrawal request to your bank account can be done online through POEMS.
Benefits of Excess Funds Facility
- No sales charges or administrative fees
- High degree of liquidity
- No lock- in period for your excess funds
- Maximise investment opportunities as excess funds are not left idling at any time
- Seamless payment for your shares trades and other investments
How does it work?
- Once you have opted in, excess funds in your trading account with a minimum balance of SGD100 will be automatically invested into Phillip Money Market Funds.
- The said fund will be automatically redeemed from the facility under any of the following scenarios: (i) for shares payment or other investment purchases or transactional fees charged (ii) funds withdrawal request by account holder