- The fund has a quick settlement time at T+1 for the redemption of units to ensure investors have the liquidity to capture investment opportunities.
- The multi-pronged approach towards seeking alpha allows efficient capturing of yields where available.
- The investments into bank deposits and MAS Bills allow for the fund to have a lower risk.
An introduction of Fullerton, and the Fullerton SGD Cash Fund
Chart 1 – Fullerton Fund Management Client Segment
Cash fund? Money market fund?
Table 1 – Definition of eligible deposits and eligible financial institutions by MAS
| Definition | |
| Eligible Deposits | Deposits with banks licensed under the Banking Act (Cap. 19), finance companies licensed under the Finance Companies Act (Cap. 108), merchant banks licensed under the Banking Act or any other deposit-taking institution licensed under an equivalent law in a foreign jurisdiction |
| Eligible Financial Institutions |
|
Amidst the competition for money market and cash funds
1. Efficient and fast settlement time for redemption at T+1
2. Multi-pronged approach towards seeking alpha
3. Lowest risk among the lowest risk
Conclusion
Declaration:
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