DIY Cash Management Portfolios Receive higher yields as inte | FSMOne SG - Research Highlights

DIY Cash Management Portfolios

Receive higher yields as interest rates continue to climb

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• A cash management portfolio serves as an alternative to traditional bank deposits, with higher yields and a good amount of liquidity. To help investors get started on a DIY cash management portfolio, we have shared some model portfolios earlier this year.

• The Conservative portfolios were the key standouts. Having chalked up a gain of 0.2% and 2.1% respectively in 2Q22, the SGD-denominated and USD-denominated portfolios generated higher returns than benchmarks such as interest rates on bank saving deposits.

• To better navigate through the challenging environment faced by bond markets, we also share some changes made to the model portfolios.

• As rates continue to rise, we expect yields of the portfolios to climb further moving forward. In the meantime, our model portfolios continue to provide yields of up to 2.3% (for SGD) and 2.8% (for USD).

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