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You
are here:
 Fixed Income > Money Market
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"KWAP achieved net ROI and TWRR of
5.75% and 5.30%
respectively in 2011"
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| Overview |
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KWAP Funds are invested in a wide range of money market products at
attractive yields to insure the best return on our investments.
Funds are deposited in the accounts of the following institutions :
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- Central Bank of Malaysia (Bank Negara Malaysia);
- Licensed bank or financial institution as defined under the
Banking and Financial Institutions Act 1989 (Act 372);
- Development financial institutions as defined under the Development
Financial Institutions Act 2002 (Act 618);
- Islamic bank under the Islamic Banking Act 1983 (Act 276); and
- Duly licensed bank or financial institution outside Malaysia.
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| Core Objective |
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- Maximisation of the returns of interests and dividends for bank
deposits and money market instruments.
- Preservation of liquidity in meeting the daily investment cash-flow
obligations.
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| Types of instruments invested
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| Investment
of KWAP Funds are carried out in both the Islamic and conventional money
market instruments including : |
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- Treasury Bills
- Bank Negara Monetary Notes
- Banker’s Acceptance
- Deposit Certificates
- Current Accounts with Financial Institutions
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