Fullerton SGD Fund
I left some cash in Fullerton SGD Cash Fund for less than four months and have added spare funds to it over time.
Skeptical if the fed will raise interest rates by 50 basis points. Trends pointing towards high inflation rate is good news for cash plus and I believe the fed is most likely going to maintain high interest rates throughout this entire year to counter high inflation. Rate cuts seems not possible in the near future and therefore our cash plus funds will continue to be a good place to park our funds to benefit from the heightened interest rate environment.
Skeptical if the fed will raise interest rates by 50 basis points. Trends pointing towards high inflation rate is good news for cash plus and I believe the fed is most likely going to maintain high interest rates throughout this entire year to counter high inflation. Rate cuts seems not possible in the near future and therefore our cash plus funds will continue to be a good place to park our funds to benefit from the heightened interest rate environment.
I will continue to top up my cash plus with any spare cash from time to time unless there are better deals for my spare cash elsewhere.
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