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1. Money market fund

Money market funds mainly invest in relatively safe monetary instruments such as government short-term bonds and fixed-time bank deposit certificates and etc. 

2. Characteristics

2.1 Flexible Transaction

Subscribe to money market funds with idle cash in FUTU universal account.

Redeem holding money market funds at any time. After redemption, you can immediately use them to trade stocks, subscribe to new shares, and subscibe to funds. The redeemed funds will arrive at T+0 or T+1, and you can check the trading rules for specific funds.

2.2 Low threshold

Start investing from 0.01 SGD/USD.

2.3 Fee

Transact for 0 subscription and redemption fee.

2.4 Daily Renewed Income

Income is renewed on each trading day.

3. Are money market funds safe?

Money market funds have low risk and mainly invested in money market instruments of high security; The fund hose does not guarantee that the fund will be profitable, nor a minimum return.