MMF update
Posted on Tuesday, June 3rd, 2008 | In Current Market News, Singapore
Contributed by: Wayne Koh (http://waynekoh.com) -
This is a follow-up to MMF rtn vs Bank deposit rates which I post on a monthly basis.
Remarks: $1,000 parked in MMF would have yielded $5.22 more than savings rates YTD since 1st Jan2008. I am comparing MMF to savings because of their withdrawal flexibility.
Other figures as shown above. Fixed Deposit, on the other hand, is not as flexible when it comes to withdrawal.
MMF annualized returns as
Last 5 posts by Wayne Koh
- Last Run for SRS - December 9th, 2008
- First review of the Straits Times Index (STI) - September 11th, 2008
- United Global Healthcare Fund Sep 08 update - September 11th, 2008
- Try out new ways.....upd 5Sep2008 - September 9th, 2008
- Portfolio Rebalancing - September 8th, 2008
 About Wayne Koh (http://waynekoh.com)
Financial Advisory Consultant, Phillip Capital Singapore |
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