Phillip MASTER Money Market Fund aims for returns higher than Ringgit Malaysia savings deposits while maintaining principal value and liquidity. This fund takes on all your requirements for a more flexible yet potentially profitable investment scheme.

Why Invest in This Fund?

Phillip MASTER Money Market Fund is your first step towards cash management. There is no initial service charge. You get a low risk fund with instant liquidity. Earn that extra income from your idle funds. Your money works harder in a Phillip MASTER Money Market Fund.


Category of Fund Money Market
Type of Fund Income
Risk Level Low
Investor Profile
  • Investors who seek regular income with capital preservation
  • Low risk tolerance
  • Short term Investment horizon

Investment Objective

To provide investors with returns higher than Ringgit Malaysia savings deposits while maintaining principal value and a high degree of liquidity
Asset Allocation Primarily in Government or Government backed securities, bills of exchange, negotiable certificate of deposits, promissory notes, call deposits and other short term Government or bank-backed securities and money market instruments.
Fund Size 750 million units
Selling Price 50 sen per unit (Fixed Price)
Sales Charge Up to 5% Selling Price
Management Fee 0.5% p.a. of NAV
Trustee Fee 0.07% p.a. of NAV, subject to a minimum of RM18,000 per annum
Minimum Initial Investment RM1,000
Minimum Subsequent Investment RM300
Frequency of Redemption No Limits
Fund Maturity Date None

 

 

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