Pages

Tuesday, December 18, 2007

Money Market Fund

1. Is it safe to invest all my money in the money market fund. Is it risk free or not?

It has risk, like all investments, but extremely low. I have a fairly significant sum invested in the money market fund under NTUC Income.

2. After reading your postings, I have started doing some research on the money market fund. There are a few such products on the market, such as NTUC Income, Lion Capital, Philips Securities. Is there any particular reasons why you suggest NTUC instead of the rest ?

I am familiar with the money market fund under NTUC Income. It is invested in safe assets and have low annual charge.

I am not familiar with the investments and charges of the other funds. But, I think that they should be quite safe. Their annual charge is probably higher. However, you have to do your own research.

0 comments:

Post a Comment