If you have selected to “Reinvest”, the total value in your Cash+ Guaranteed portfolio will be reinvested for the selected term of the tenor. Unless changed via the App or Web, the funds will be reinvested for the same tenor as the original portfolio. Should you opt to reinvest prior to 3 PM SGT on the portfolio's maturity date, the reinvestment will occur on the same day, ensuring continuous returns without interruption.
To clarify, if your investment term is for 3 months from March 1st to June 1st, your returns for the day of June 1st are already incorporated into your original investment. When you select to reinvest on June 1st before 3 PM SGT, your funds are reinvested on the same day, and your returns will start accruing from June 2nd onwards which will be reflected under ‘Current value’ in your portfolio on June 2nd. Even if June 2nd is a weekend, you will be earning returns on this day since your funds are already invested. This ensures you continue earning returns without losing a day in between.
If you had chosen to not reinvest, after 3 PM SGT, you will be presented with three options to choose from : Reinvest, Withdraw to Bank, or Transfer to other portfolios. You may explore the current rates in the market and decide on the option that works for you.
During this period, your funds will remain in your portfolio awaiting further instructions, without accruing any returns.
If you select to reinvest your portfolio after 3 PM SGT on the portfolio’s maturity date, the instructions will only be carried out the next business day. For example, your portfolio matures on June 1st. You chose to not reinvest. At 4 PM SGT on June 1st, you select the option to Reinvest your funds. We will only invest these funds on the following business day, which means you will start earning returns for your funds from the day after the investment day. In the above example, if June 2nd is a business day, we will invest your funds on June 2nd, and the returns will start accruing from June 3rd onwards. In this scenario, your funds will not earn any returns on June 2nd.
