Dear Mr Tan,
You have mentioned that you keep 50% of your investments in the money market. I would be grateful if you can tell me more about the money market. Is fixed deposit part of the money market? What else?
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REPLY:
My investment is in the money market fund of NTUC Income. It is called Flexi Cash. You can read about it in www.income.com.sg/faq
How did the unit price for the flexicash drop from 1.066 to 1.065 yesterday?
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