Versa Cash

What is Versa Cash?

Versa Cash is a low-risk cash management fund, which invests in Affin Hwang Enhanced Deposit Fund. The fund is a money market fund managed by AHAM Capital (formerly known as Affin Hwang Asset Management) and invests in multiple short-term Fixed Deposits. 

With Versa Cash, you can

  1. Save with a minimum of RM10 (As of 1 March 2023).
  2. Cash Out anytime, with no penalties.
  3. Grow your idle savings with higher returns

While Versa Cash is not protected by PIDM,  your assets i.e. the funds are safeguarded in a separate trust account under HSBC Malaysia Trustees Berhad – AHAM Capital’s custodian.

AHAM Capital also has a great track record, outperforming its benchmark for the past decade. Not just that, Morningstar, a reputable investment research website has rated the fund 4 out of 5 stars!

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