
Sweep, Grow and Pay!
FSM Auto-Sweep Account
A cash management account that FSM manages on a discretionary basis.
Auto-Sweep Investment Allocation
This account invests into cash, money market fund, and short duration bond fund. This provides investors with higher indicative yield as compared to Cash Account.
Enhanced Payment Facility
Optimise the yield earned from your idle monies while giving you the flexibility to transact immediately to purchase investment products.

No Lag Time When You Purchase Other Investment Products
Unlike most competitors, you do not need to wait for your Auto-Sweep holdings to be fully sold before you can use the proceeds to fund other investments.
You can use Auto-Sweep balance to pay instantaneously for:
Unit Trusts
Bonds
Stocks/ETFs
Managed Portfolios

Enjoy Potentially Higher Yield
Auto-Sweep invests into various high quality and conservative investment products to help our investors generate better yield.
Cash
SGD money market fund
Short Duration Bond Fund

Automatically Invest Your Extra Cash
Sweep all idle cash into Auto-Sweep Account to earn higher yield
Dividends
Coupons
Maturities and redemption proceeds
Higher indicative yield than Cash Account
SGD Auto-Sweep Account
1.066% p.a.
USD Auto-Sweep Account *NEW
3.130% p.a.
CNH Auto-Sweep Account
1.095% p.a.

Transact across different currency products













Unlimited transfers daily

No lock-in period.
No minimum balance

Investing with Auto-Sweep Account made easy in 3 simple steps
How It Works

Best Payment Option For your Cash Investments
| Unit Trusts | Bonds | Bond Express | Managed Portfolios | ETFs | Stocks | Excess Cash Sweep Facility | |
|---|---|---|---|---|---|---|---|
| Multi-Currency Cash Account | |||||||
| SGD Auto-Sweep Account | # | # | |||||
| CNH Auto-Sweep Account | * | * | |||||
| USD Auto-Sweep Account | * | *# | # | ||||
| Post-Transaction Payment (PTP) |
| Payment Supported | |
| Payment Supported for selected bonds only | |
| # | Not applicable for SSE, SZSE |
| * | Not applicable for RSP |
MYR Cash Account Payment
| Currency | Deposit | Withdrawal | Transfer between Accts | Foreign Exchange | Recurring Plans | |
|---|---|---|---|---|---|---|
| MYR Cash Account | N.A. | Currency | Bursa Malaysia | Bonds | Other Stock Exchanges | MAPS | Unit Trusts | RSP |
| MYR Cash Account | N.A. | |||||
| *Please convert MYR to another currency for non-Bursa Malaysia transactions. | ||||||
| Payment Supported |
Product Summary
| Product Name | SGD Auto-Sweep Account |
|---|---|
| Latest Net Yield | 1.066% p.a. Updated as of 22 Jun 2026 based on the weighted average of the latest yield of underlying portfolio constituents after deducting latest fund-related expenses and FSM management fee. Latest net yield is neither a guaranteed rate nor an accurate indication of future returns. Net yield is updated on a weekly basis and is subject to fluctuation. Actual returns on Auto-Sweep Account will be based on the underlying portfolio constituents performance. |
| Minimum Deposit amount | SGD 50 |
| Minimum Balance Amount/ Minimum Withdrawal | SGD0 / SGD 50 |
| Minimum Recurring Top-Up Amount | SGD 100 |
| Management Fee | 0.05% per quarter |
| Settlement / Liquidity | T (same day) Receive redemption proceeds back to your FSM SGD Cash Account if redemption instruction is submitted before 10am (subjected to weekend and Singapore public holiday) |
What It Invests Into
Investment Objective
This portfolio aims to produce a return higher than Cash account while maintaining a high degree of liquidity and capital preservation. The portfolio does not pay out dividend from the underlying investments. The target allocation may change with our views on the financial markets and the interest rates environment.
Key Features
The Auto-Sweep Account is suitable for investors seeking a higher yield for their idle cash while waiting for the next investment opportunity. The discretionary portfolio is diversified across cash, money market funds and short duration bond funds. It aims to potentially provide higher returns than the FSM Multi-Currency Cash account.
Current Portfolio Allocation
| Product Name | % of Portfolio |
|---|---|
| iFAST SGD Enhanced Liquidity A SGD (AS) | 90 |
| Cash Account | 10 |
Key Risks
Add Money
What currency are you depositing?
- You can use 100% of the Available Balance from Cash Account and Auto-Sweep Account for investments (including RSP).
- Investors can only use up to 98% of the current Nikko AM Shenton Short Term Bond Fund holdings to make same day transactions if used as the payment method. 2% is set aside as a buffer for any differences due to forward pricing.
Disclaimer
FSM Multi-Currency Cash Account is an account to facilitate trade settlements for your investments and is not a savings account. The monies are deposited with licensed banks in trust accounts that are held on trust by iFAST for our clients.












