At the end of the term, your funds will follow one of three possible outcomes, depending on the option you selected and the timing of your instruction:
- Scenario 1A - Reinvest selected before cut-off time
- Scenario 1B - Reinvest selected after cut-off time
- Scenario 2 - Keep Funds Idle
If you have selected “Reinvest”, the total value in your Cash+ Guaranteed portfolio will be reinvested for the selected term. Unless changed via the App or Web, the funds will be reinvested for the same tenor as the original portfolio.
There are two possible scenarios depending on whether you selected “Reinvest” before or after the cut-off time on the maturity date:
- Scenario 1A: Reinvest selected before cut-off time
- Scenario 1B: Reinvest selected after cut-off time
For the applicable cut-off timings, please refer to this article.
Scenario 1A — Reinvest Selected Before Cut-Off Time
The reinvestment will occur on the same day, ensuring continuous returns without interruption.
Example: For a 3-month investment term from 18 Nov to 19 Feb, with “Reinvest” selected before the cut-off time:
- Your funds are reinvested on the maturity date (19 Feb).
- Returns for 19 Feb are already included in your original investment.
- New returns will start accruing from 20 Feb, shown under “Current value”.
- If 20 Feb is a weekend, you still earn returns since your funds are already invested ensuring no break in return accrual.
Scenario 1B — Reinvest Selected After Cut-Off Time
If you select “Reinvest” after the cut-off time on the maturity date, the instructions will only be executed on the next business day.
Example: Based on a 1-month term from July 29 to Aug 28. You choose “Keep Funds Idle” before cut-off time. At 4 PM SGT on Aug 28, you change your instruction to “Reinvest”.
- Funds will only be invested on the next business day.
- Returns begin the day after the investment day.
If Aug 29 is a business day:
- Funds are invested on 29 Aug
- Returns start accruing from 30 Aug
- No returns are earned on 29 Aug
Scenario 2 — Keep Funds Idle
If you select “Keep Funds Idle”, your funds will remain in the portfolio without accruing returns, while you explore alternatives in the market.
After the portfolio’s cut-off time, you will see four options:
- Reinvest
The following options will be available under More Actions:
- Withdraw to Bank
- Transfer to Brokerage
- Transfer to Other Portfolios
During this period, your funds will remain in your portfolio awaiting further instructions and will not accrue any returns. Until you provide complete instructions for a bank withdrawal or transfer, we will not be able to move your funds. Your funds will therefore continue to remain in your portfolio until the full instruction is submitted.
