PROJECTED RETURN ON INVESTMENT OF A MONEY MARKET FUND HOLDING SINGAPORE GOVERNMENT SHORT TERM SECURITIES.
Notes: Data Source: Monetary Authority of Singapore as of 15Aug25 Chart 1 (above) : Probabilistic Scenarios of Expected Annualized Rate of Return on Investment. P25 is 25% Percentile; Median is 50% Percentile, P75 is 75% Percentile. Chart 2 (above) Comparison with SORA (Singapore Overnight Rate Average) which is a reference for Bank Savings Account rates. Current Savings Accounts rate is about 1.56 % Results Summary • Expected annualized return: about 1.93% (mean of the probability distribution). • On SGD 50,000, the expected 1-year earnings are roughly SGD 963. • Probability by bucket: • 10% chance of 1.5% or lower • 64.2% chance between 1.5% and 2.0% • 34.5% chance between 2.0% and 2.5% • 1.3% chance above 2.5% Introduction: Fund mandate and portfolio The money market fund considered is a Singapore dollar–denominated, capital-preservation vehicle targeting daily liquidity and minimal interest-rate and credit risk. Its portfolio typically holds a rolling...