Steady and simple: keeping your money working smoothly!

Below S$50k or US$50k: the Top-Up Programme has you covered

For balances below S$50,000 or US$50,000, Chocolate Finance supports your returns with our Top-Up Programme. This means that if our underlying investment portfolio underperforms on any given day, we top up the difference so you still enjoy your current daily rate.

That’s why you always see smooth, consistent daily returns for balances under this threshold.

Above S$50k or US$50k: small daily movements are normal

For balances above S$50,000 or US$50,000, the top-up programme no longer applies, and your returns will reflect the natural daily movement of the underlying funds.

Financial markets move every single day. Bond prices rise and fall based on interest rates, economic expectations, and market sentiment. Even though the changes are usually very small for short-duration bonds, they can still show up in your daily returns.

• Some days may be positive
• Some days may be negative
• Some days may be neutral,  showing no movement at all
  

This does not mean something is wrong. It simply reflects the natural rhythm of how markets work. Because the funds we invest in are short-duration, their value typically doesn’t swing wildly. So while you may see daily changes — positive, negative, or neutral — these movements are typically expected .

If you notice a few days of slight negative returns, don’t worry — this is completely normal. These fluctuations tend to smooth out over time, and you should see them revert over time.

“Price fluctuations are part of how markets work. What matters is the long game — and short-duration bonds remain one of the most stable and resilient ways to grow your money steadily.”

Benjamin Tan, Chief Investment Officer, Chocolate Finance, 1st December 2025

What exactly are short-duration fixed income funds?

Think of short-duration fixed income funds as investing your money out to buy a portfolio of bonds for a short period to trustworthy companies or governments. Because these bonds mature within just a few years — sometimes even less — their value stays relatively stable.

These funds earn small, regular interest payments, similar to getting a steady allowance. The goal is simple:

• Keep your money safe
• Keep it accessible
• Grow it steadily without big surprises

How do these funds actually work?

Short-duration fixed income funds pool money from many investors to buy a wide variety of short-term bonds and/or money market funds. Behind the scenes:

• Professional fund managers carefully choose the bonds to balance risk and return
• They diversify across many borrowers to avoid big losses if one encounters trouble
• Thee funds generate income from interest payments
• They remain relatively liquid, allowing you to access your money when you need it.

Their mission? Provide steady, regular income streams with low chances of big ups or downs in prices — making them ideal for everyday savings.

So what does Chocolate Finance actually do?

Chocolate Finance offers what’s known as a cash-managed account — bringing together a selection of short-duration and high-quality funds and managing them for you.

This makes your investments almost triple-filtered:

1. Fund managers (first filter)

Each individual fund manager selects strong, reliable bonds and diversify investments widely to minimise risk.

2. Chocolate Finance selection (second filter)

We cherry-pick from funds authorised or recognised by the Monetary Authority of Singapore (MAS), choosing only those that meet our high standards. Then we determine the right allocation to each one.

3. Ongoing management (third filter)

Our Chief Investment Officer, Benjamin Tan, and his investment team continuously monitor and rebalance the mix. If a fund underperforms, they may adjust allocations or add new funds to keep your portfolio tightly curated and focused on delivering steady and reliable returns.

The bottom line: your money, managed with care

Whether you’re below or above the S$50k / US$50k threshold, our goal stays the same: to provide you with a safe, thoughtful, and stable way to grow your everyday savings.

Short-term fluctuations are part of the journey — but with the right strategy, patience, and long-term focus, your money keeps working smoothly for you.

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Disclaimer:

Chocolate Finance is a brand of Chocfin Pte Ltd and is regulated by the Monetary Authority of Singapore. The views and opinions expressed on this post are solely those of the original authors and contributors as of the date of this post and are subject to change based on market and other conditions. This is for information only and does not constitute an offer or solicitation to buy or sell any of the investments mentioned. Neither Chocfin Pte. Ltd. (“Chocfin”) nor any officer or employee of Chocfin accepts any liability whatsoever for any loss arising from any use of this blog or its contents.

Please note that Chocfin does not guarantee the accuracy, relevance, timeliness, or completeness of the information provided on this post. The inclusion of any links does not necessarily imply a recommendation or endorse the views expressed within them. Chocolate’s returns are currently supported by a promotional 'Top-Up Programme', valid during the Qualifying Period and subject to terms and conditions. Past performance is not indicative of future results. All investments involve risk, including the risk of losing all of the invested amount and may not be suitable for everyone. This advertisement has not been reviewed by the Monetary Authority of Singapore.