Domestic Money Market Fund Which one to choose?
Domestic Money Market Fund Which one to choose?
Let's start by getting to know what money market funds are.
Money market funds are mutual funds that have a policy to invest in deposits and fixed income instruments. both domestically and internationally There will be a residual life of not more than 1 year and a portfolio life of not more than 3 months. This type of fund is suitable. with people who want to take a short break or want to invest at low risk and high liquidity
What funds are there in Thailand?
1) K - CASH is a fund with a total annual fee of 0.15%, no minimum requirement. and the past performance of 1 year was at 1.40%
2) PHATRA MP is a fund with a total annual fee of 0.20%, the minimum initial investment and subsequent investments is 100 baht, and the past performance of 1 year is 1.37%.
3) SCBTMPLUS - I is a fund with total annual fee of 0.22%, minimum initial investment of 1,000 baht, and 1-year historical performance of 1.36%.
4) TLMMF is a fund with a total annual fee of 0.17%, the minimum initial investment and subsequent investments is 1,000 baht, and the past performance of 1 year is 1.35%.
5) PCASH is a fund with total annual fee of 0.25%, no minimum requirement. and has a past performance of 1 year at 1.31%
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