How long do payouts take?
Because the money market fund is traded directly with the issuer, which in the case of UnitPlus Business is Goldman Sachs Asset Management, there is no settlement cycle of T+2 compared to transactions on the stock exchange, but T +0. This increases the speed of payout, with the payout usually being credited to the company’s reference account within 1 to 2 working days.
Was this answer helpful?