You now can lower your overall portfolio risk by adding a money market fund with the inclusion of Affin Hwang Aiiman Money Market Fund in the Custom Portfolio!
What is money market fund?
A money market fund handles large amount of cash. So when it wants to do placements with banks (like putting cash in Fixed Deposits), it has higher negotiating power to get better profit rate than individual.
As it is basically lending money to the banks, it is also considered very low risk because they are backed by the banks.
To include this money market fund into your Custom Portfolio;
Open your Raiz app > Home > Invest > Portfolio > Custom Portfolio icon (on the most right) > Edit Portfolio.
Learn how to have more control of your investment with Custom Portfolio here or by watching the video here.
Don’t have the Raiz App?
Download it for free in the App store:
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