Taking a quick look at some options for idle funds now that short-term yield is rather attractive at the moment. In the table below, that’s the abbreviations that I have used. LionGlobal MMF = LionGlobal SGD Money Market Fund LionGlobal ELF = LionGlobal SGD Enhanced Liquidity Fund Fullerton CF = Fullerton SGD Cash Fund Quick comparison chart for platforms to access cash or money market funds

1a) MoneyOwl : WiseSaver (3.88%)

MoneyOwl WiseSaver is a fund which invests in Singapore Dollar bank deposits, allowing you to earn higher returns with the ability to withdraw your funds whenever you need them. Marketed as the perfect place for you to park your spare cash and emergency funds, as well as the “dry powder” that is set aside for investing when markets go on sale. My review contains more details on how I’m using MoneyOwl WiseSaver. (Get $20 Grab voucher...