facebookHow are the yield for Fullerton SGD Cash Fund calculated? - Seedly

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Anonymous

27 Apr 2023

General Investing

How are the yield for Fullerton SGD Cash Fund calculated?

It seems like the yield are only calculated on working days? Would like to know how I should calculate the actual yield per annum

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Tan Choong Hwee

28 Apr 2023

Investor/Trader at Home

What you were looking at was the NAV Change %, which is not the annualized yield. Since they only provide NAV on working days, naturally NAV Change % is only published on working days. See the daily fund prices section here:

https://www.fullertonfund.com/fund/fullerton-sg...

To calculate the actual per annum yield, you would need to calculate the NAV Change % over the last one year. However, this is just a snapshot of the actual annual yield on a particular day, and its value will change from day to day, albeit very small change for a cash fund like this.

If you want to know annualized yield for a longer period, you can refer to the fund performance in their factsheet:

https://www.fullertonfund.com/documents/factshe...SGD_Cash_Fund-Class_A(SGD).PDF

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