How long will it take for Cash Smart to reach the expected rate of return (0.9% to 2%)? Currently it is very low below 0.55%. Can you show the projected per annum rate instead?

Thank you for your question. To clarify - the projected annualized yield is the range we have shown. So you should expect the Cash Smart to achieve that yield 1 year out. Just like a 1% fixed deposit in a bank will give you 1% yield after 1 year! Your current return of 0.55% after less than 2 months if you annualize it is much higher than the projected yield. So that's is why it is a projected yield and all our clients who joined Cash Smart have enjoyed much higher returns than the annual expected return already. This does not mean that if you deposit new money in Cash Smart now we will get less. The projected yield is the expected per annum rate at the point of entry. Once again just like a bank deposit in the way we show projected yield. The number we share are all projected rates per annum as you have asked.