What is a money market fund (SG)?

  • A money market fund invests in low risk, short-term assets like cash, treasury bills, and certificates of deposit. It focuses on safety and easy access to your money, while aiming to earn slightly more than a regular savings account. 

When you put money into Yield, Airwallex buys units from these money market funds. A unit in a money market fund is your portion of the fund's total holdings. The fund's total value divided by the number of units gives the per-unit value. Your Yield account generates returns if the unit price goes up over time. 

Goldman Sachs US$ Standard VNAV, Institutional Accumulation Class

  • To find the prospectus, Click on Documents > Prospectus for the Fund Prospectus. Make sure that the Share Class selected is Institutional Accumulation Class.

**Screenshots of the product are for illustrative purposes only.

Airwallex Capital (Singapore) Pte. Ltd. (“Airwallex Capital”) is a company incorporated under the laws of Singapore with Unique Entity Number  202346393C 101830.  Airwallex Capital is a Capital Markets Services License holder under the Securities and Futures Act 2001 by the Monetary Authority of Singapore (License No. CMS101830).  The MAS has not reviewed this information. For more details, you can refer to the MAS website here.