November 13, 2023

Over the past year, there has been a remarkable surge in the demand for Singapore government-related bills and SGD deposits. As the leading provider of SGD cash management solutions, Fullerton Fund Management has remained at the forefront of innovation to address the evolving investment needs of SGD cash investors. Now, in collaboration with Moomoo Financial Singapore, Fullerton is pleased to introduce the Fullerton SGD Liquidity Fund. 

The Fund invests in high-quality Singapore government-related bills and bank deposits, with a same-day settlement feature that offers investors even greater liquidity than standard cash management funds. This is an important consideration for corporates and institutions with intraday liquidity requirements, while simultaneously addressing their need for enhanced returns on their cash assets. 

For retail investors who trade actively, intraday liquidity is needed to meet time-sensitive settlement windows. Notably, there is flexibility to redeem full holdings, providing investors with confidence that their capital remains quickly accessible, subject to dealing deadline and daily redemption limits at the fund level.

Investors in the new Fund can take confidence in the fact that it is managed by the same experienced portfolio team that oversees the SGD 4.3 billion Fullerton SGD Cash Fund, a popular vehicle among Singaporean investors to manage their cash savings. 

Additionally, the Fund has a competitive annual management fee, keeping to Fullerton’s business objective of providing investors access to innovative solutions that are cost-effective. 

“As a leading asset management firm headquartered in Singapore, we are committed to delivering investment excellence and peace of mind for our investors,” said Mark Yuen, Chief Business Development Officer, Fullerton Fund Management. “The Fullerton SGD Liquidity Fund reflects our dedication to enhancing our offerings to meet the evolving needs of investors.”

“Fullerton is an established market leader in cash solutions and this unique Fund further complements our existing stable. In managing this Fund, we will continue to draw on our deep well of investment expertise and extensive history in cash management to deliver value for investors,” added Darren Tay, Head of Treasury Management at Fullerton Fund Management.

“We are pleased to partner with Fullerton to introduce the Fullerton SGD Liquidity Fund to the market. This is part of our commitment to continually enhance our clients’ trading experience through more offerings that meet their investment objectives,” said Gavin Chia, CEO, Moomoo Singapore. 

“With a vibrant community that now stands at more than 800,000 users, or 1 in 4 Singapore residents, we can leverage our extensive reach in the local investment community to complement Fullerton’s strong market leadership in cash solutions. These combined strengths will serve us well as we continue to serve the needs of investors in Singapore,” he added.