Money Market Fund Malaysia Rate

All rates quoted above are for indication purposes only and are subject to change without notice.

Money market fund malaysia rate. Less than 1 year investment. Learn more about the changes and how our new features help your investing success. The minimum placement is rm5 000 for 1 to 2 months and rm1 000 for 3 months or longer. Top 5 performing funds for short term investment 1 5 years if you re investing for short term gain typically within 3 months to 5 years you must make sure that the fund you re investing can give a higher return than fixed deposit rate which averages around 3.

The fund aims to provide a low risk investment option that normally earns higher interest than traditional bank accounts. What is the average interest rate on a money market. A fixed deposit earns higher interest than a savings account and offers protection from interest rate fluctuations. Public mutual berhad a wholly owned subsidiary of public bank is a top private unit trust management company and leading prs provider in malaysia.

Below depending on your objective you will find the best performing unit trust funds to invest and grow your money. The tenor may vary from 1 to 60 months. A fixed deposit bears interest at an agreed rate based on a specific maturity date. Fund is suitable for investors who.

For amounts less than rm250 000 the rate of 0 50 applies across the board. The fund is suitable for investors who have a short term i e. 1300 88 5465 bnmtelelink 603 2698 8044 general line bnmtelelink bnm gov my. As malaysia s central bank bank negara malaysia promotes monetary stability and financial stability conducive to the sustainable growth of the malaysian economy.

The above stmmd rates apply for amounts of rm250 000 and above. Malayan banking berhad overnight repo rate. Deposits and money market instruments i e. We offer a comprehensive range of products comprising conventional and shariah based unit trust and prs funds as well as financial planning services.

The fund invests between 90 to 100 of its assets in fixed income securities and money market instruments with maturity of less than a year and between 0 to 10 of its assets in fixed income. Principal money market income fund is a money market fund issued by principal malaysia.