The United SGD Money Market Fund could be an option for investors who are interested in T-bills but do not want to go through the hassle of applying for T-bills themselves.
What happened?
We've seen more interest in T-bills with the cut-off yield in the latest auction reaching 3.85%.
However, some investors have asked if there is another way to get exposure to T-bills and earn a higher yield compared to savings account, without going through the process of applying for T-bill and building a bond ladder themselves.
We recently came across the United SGD Money Market Fund, which has a significant amount of its portfolio currently in Singapore T-bills. Let's take a look to see if it might be worthwhile considering for investors who are looking at an easy way to earn a higher yield.
What you need to know about the United SGD Money Market Fund
The United SGD Money Market Fund aims to provide a return which is
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