UCash By UOB

Z

zoneguard

Senior Member
Joined
Jun 2, 2000
Messages
1,957
Reaction score
398
No SDIC coverage. The underlying instruments are not public.

https://www.utrade.com.sg/home/Faq.html#ProdUcash
10. Are the returns guaranteed?

There is no guarantee on the returns and capital. Nevertheless, we have selected the best-in-class unit trusts to meet our objective of making your monies work harder for you.

11. Will I be subjected to capital losses?

As the interest rate is derived from the changes in net asset values of the underlying instruments, the interest rate may be revised to zero as the net asset value changes. In the event of extreme market volatility, there may be a reduction in your capital investment when the net asset value of the unit trusts falls drastically.

18. Are there any charges or fees imposed?

We are currently waiving off all charges or fees imposed to subscribe to UCASH.

EDIT: The form has more details on the T&C.
 
Last edited:
You must log in or register to reply here.
Important Forum Advisory Note
This forum is moderated by volunteer moderators who will react only to members' feedback on posts. Moderators are not employees or representatives of HWZ Forums. Forum members and moderators are responsible for their own posts. Please refer to our Community Guidelines and Standards and Terms and Conditions for more information.
Top