{"id":62919,"date":"2024-04-19T13:54:36","date_gmt":"2024-04-19T05:54:36","guid":{"rendered":"https:\/\/www.imoney.my\/articles\/?p=62919"},"modified":"2024-04-19T14:01:58","modified_gmt":"2024-04-19T06:01:58","slug":"fsmone-usd-auto-sweep-malaysia","status":"publish","type":"post","link":"https:\/\/www.imoney.my\/articles\/fsmone-usd-auto-sweep-malaysia","title":{"rendered":"Don&#8217;t Miss This Launch Of FSMOne USD Auto-Sweep Cash Management Solution"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">FSMOne Malaysia, a leading platform for one-stop investment solutions, has just unveiled its new FSMOne USD Auto-Sweep cash management solution, which was launched on 18 April 2024. This cash management platform is designed to help customers revolutionise the way they manage their USD cash. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">The best part is you get the opportunity to earn attractive yields on your idle or excess cash. At the same time, you get the convenience to use it as a payment method for purchasing a wide array of investment products available on the platform.<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Unique-solution-for-enhanced-cash-management\"><\/span>Unique solution for enhanced cash management<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">The FSMOne USD Auto-Sweep serves as an alternative to the traditional FSMOne Multi-Currency Cash Account. Investors have a chance of obtaining potentially higher yields to make the most out of their excess or idle cash. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">Investor funds will be actively managed by the iFAST Team. It has a proven track record of successful fund management in Singapore and Hong Kong. This discretionary portfolio is invested across a whole range of high-quality and low-risk financial products. These include, but are not limited to short-duration bonds, deposits, and debt securities, aiming to maximise returns for investors.<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"FSMOne-USD-Auto-Sweep-key-features\"><\/span>FSMOne USD Auto-Sweep key features<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">The FSMOne USD Auto-Sweep introduces several distinctive features designed to enhance investors&#8217; cash management and investment experience. These include:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Attractive yields, with a current net yield of 4.523%* per annum as of 15 April 2024<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Prioritises high-quality investments, focusing on high-quality debt instruments to ensure low risk<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Immediate liquidity, enabling same-day withdrawals before 10am on a business day without any lock-in period<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Low point of entry where investors can begin with as little as MYR 100 or USD 10<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Automatic reinvestment of stocks and ETFs dividends, coupon payments, and bond maturity proceeds in USD, which are reinvested to maximise yields,<\/span><\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"Broadening-investment-horizons\"><\/span>Broadening investment horizons<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">&#8220;FSMOne is committed to offering innovative solutions that cater to the evolving needs of our investors. The FSMOne USD Auto-Sweep is a testament to this commitment, providing a versatile and profitable way to manage USD cash,&#8221; said Koh Soo Cheng, General Manager, FSMOne Malaysia.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">This innovative cash management platform is a cutting-edge solution that is suited for a wide variety of investors. It is particularly suited for those with a lot of idle cash or those who engage in trading on overseas markets. <strong>Interested? <a href=\"https:\/\/bit.ly\/3U1ZF1S\" target=\"_blank\" rel=\"noopener dofollow\">Use this link<\/a> to sign up for FSMOne USD Auto-Sweep now.<\/strong><\/span><\/p>\n<p><span style=\"font-weight: 400;\">With its introduction, FSMOne continues to solidify its reputation as a leader in investment innovation, offering solutions that are tailored to meet the diverse needs of the investment community.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>This solution is set to help customers revolutionise the way they manage their USD cash.<\/p>\n","protected":false},"author":58,"featured_media":62921,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1,216,267,230],"tags":[1376,2190,1306,772,660,982,2189,663,1590],"class_list":["post-62919","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-investment","category-news-updates","category-share-trading","category-unit-trust","tag-foreign-investment","tag-fsmone-malaysia","tag-invest","tag-investing","tag-investment","tag-news","tag-share-trading","tag-unit-trust","tag-usd"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>FSMOne USD Auto-Sweep Cash Management Solution Launched<\/title>\n<meta name=\"description\" content=\"FSMOne Malaysia has launched its new cash management solution that is set to improve how customers manage 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