Itching to go overseas? Well here’s some good news. Royal Caribbean has now launched bookings for cruises that will depart Singapore for countries like Malaysia, Thailand, and Vietnam and return back to Singapore on the Spectrum of the Seas. These cruises will depart from Oct 21, 2022. Here is all you need to know! Disclaimer: This article is not sponsored.
Underlying funds risk profile comparison
Before we start, it is important for you to know more about the difference in the risk of the cash management products these funds invest in from cash funds, money market funds (MMF) to short-duration bond funds.
An important thing to note is that these cash management accounts are investment products, which means your capital is not guaranteed by Singapore Deposit Insurance Corporation (SDIC).
In the fund space, cash funds are the safest asset class amongst these three funds. For this asset class, the fund generally invests in a diversified portfolio safe institutional bank fixed deposits and treasury bills. the cash fund has the lowest downside risk compared to the other two funds.