Phillip Capital Management launches the first Money Market ETF on SGX
The Phillip SGD Money Market ETF seeks to provide a more efficient solution to Singapore’s cash management landscape Investors to get a yield pick-up over cash, without having to compromise on liquidity Units are traded on the open market, making it convenient for investors to manage their investments with a single brokerage account Singapore, 05 October 2020 – Award-winning Asian fund management company, Phillip Capital Management (S) Ltd today announced the launch of its exchange-traded fund, the Phillip SGD Money Market ETF (“Phillip MM”). Phillip MM is the first locally-domiciled money market ETF to be listed on Singapore Exchange. By investing