Investment and Savings
There is no guarantee of the capital amount. However, as the underlying instrument is a cash fund which places your money predominantly in fixed deposits of local financial institutions with a minimum short-term rating of F2 by Fitch, P-2 by Moody’s, or A-2 by S&P, it is very unlikely that you will experience any capital loss.
Your returns depend on the weighted average gross yield of the underlying deposits, which may fluctuate as market and economic conditions change.
Your savings earn interest on a daily basis net of fees based on the current weighted average gross yield published.
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MoneyOwl to wind down all commercial activities
MoneyOwl is winding down its financial advisory business and all commercial activities will cease by December 31, 2023.
For more information, please visit our microsite here.
MoneyOwl to be acquired by Temasek Trust
MoneyOwl announced on November 28, 2023, that Temasek Trust has signed an Expression of Interest to acquire MoneyOwl and re-purpose it under a new model.
For more information, please visit our microsite here.
