Why Phillip Money Market Funds
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 institutions.
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Benefits
- 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