Phillip Master Islamic Cash Fund

Phillip Master Money Market Fund

The Fund aims to provide regular income to investors by investing primarily in Shariah compliant short term financial instruments. The Fund will invest in a diversified portfolio of short-term Islamic money market instruments and deposits which aims to distribute profits on a monthly basis.

The Fund may invest minimum 90%of its NAV in a diversified portfolio of Shariah compliant money market instruments such as GIAs and Sukuk which have maturity period of not more than 365 days. This Fund provides the same levels of liquidity as a Saving Account which is held by the Unit Holder and is tax-exempted. The fund is suitable for investors who have a short–term investment horizon and have low risk tolerance.

Join us

Fund Reviews