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Sea Restricted’s wholly-owned digital financial institution, MariBank, has partnered asset administration firm Lion World Traders to launch a brand new funding product, Mari Make investments, at present (October 3).
In response to the digital financial institution, Mari Make investments is the primary funding account by a financial institution in Singapore to supply prompt cash-out.
Via the funding account, buyers can have entry to low-risk investments comparable to MAS Treasury Payments, cash market and high-quality bond funds, in addition to the Lion-MariBank Save Plus fund in collaboration with Lion World Traders. This allows buyers to reap probably larger returns whereas holding total portfolio danger low.
Moreover, Mari Make investments can be designed to make investing easy by eliminating conventional boundaries to investing, comparable to excessive minimal funding quantities, gross sales or platform prices, and prolonged lock-in intervals with lengthy redemption timelines.
Traders can begin investing by way of Mari Make investments with simply S$1 and withdraw their investments immediately in money anytime, capped at S$10,000 per investor each day, topic to availability. The platform doesn’t cost any gross sales or platform prices and there are not any lock-in intervals or penalties for withdrawals.
We all know that customers at present wish to develop their wealth, however could discover it laborious to make selections with the advanced funding merchandise on the market. That’s why we launched Mari Make investments, it presents shoppers a easy method to handle their wealth with comparatively low danger.
– Zheng Yudong, CEO, MariBank
Mari Make investments enhances MariBank’s flagship financial savings product, Mari Financial savings Account, offering easy and rewarding choices for customers to handle their funds.
The Mari Financial savings Account at present presents a every year curiosity of two.88 per cent, paid each day, with out the necessity to fulfil any extra circumstances comparable to wage crediting or minimal spend.
Featured Picture Credit score: MariBank
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