Click here if you want to open an online Unit Trust account for free.
Phillip Master Money Market Fund details here.
Placement of Money Market Fund
1. Login to your eUnittrust account
2. Click “Transact” at the top right
3. Tick on Fund Source –> Select “Phillip Master Money Market Fund” –> Key in investment amount –> Click “Next”
I am strongly encourage you to put RM500 minimum, because FPX will charge RM2 for a transaction if the amount is below RM500.
4. Double check the investment amount –> Select “FPX” in payment method –>Tick the box under Client Declaration –> Key in your password –> Click “Confirm”
5. Select bank from the list, key in your email address to receive notification and click “FPXPAY”
6. You will be directed to online banking. After you have done, remember do not close the windows directly, instead click “Return to FPX”
7. You will receive FPX payment status, click “Close”.
8. Once you redirect back to this page and you see “Pending by support”, it is done!
Withdrawal of Money Market Fund
1. Login into your eUnittrust account, click “Transact” at the top right
2. Select “Sell” –> Tick on Fund Source –> Select “Phillip Master Money Market Fund” –> Key in the units to sell (2 units = RM1) –> Proceed
E.g: If you want to withdrawal RM1000, that will be 2000 units.
3. Double check on the withdrawal amount –> Select “Bank-in” –> choose your bank name and key in your account number –> Key in your eUnittrust password –> Confirm
4. Once you see Receipt of Confirmation, it is done.
If you perform the withdrawal before 10.30am on working days, the fund will be credited to your bank account at night between 8pm to 10pm.
If you perform the withdrawal after 10.30am on working days or non working days, the fund will be credited to your bank account at night the next day (working day) between 8pm to 10pm.
This post was updated on 26/10/2019
