On the 1st of November, Touch 'n Go launched a campaign under the GO+ investment features, which provide an additional 4% p.a. bonus rate on top of the daily return rate (1.47% p.a). The campaign only lasts for 3 months, which starts from 1 November 2021 until 31 January 2022. It is also stated that the campaign will end once the maximum allocation of RM4 million is reached.
The GO+ investment is essentially a money market fund managed by the Principal Asset Management, called Principal e-Cash Fund. As of 31 August 2021, it has reached 129.02 million of fund size (further details on Principal e-Cash Fund: https://www.principal.com.my/en/ecfa).
Although the bonus return rate will only apply up to a balance of RM9,500 and is only last for three months, will this return (5.47%) attracts you to invest the maximum cap of RM9500?
The GO+ investment is essentially a money market fund managed by the Principal Asset Management, called Principal e-Cash Fund. As of 31 August 2021, it has reached 129.02 million of fund size (further details on Principal e-Cash Fund: https://www.principal.com.my/en/ecfa).
Although the bonus return rate will only apply up to a balance of RM9,500 and is only last for three months, will this return (5.47%) attracts you to invest the maximum cap of RM9500?