GO+ is a feature offered on TNG e-Wallet app in partnership with Principal Asset Management Berhad (“Principal”) which is designed to allow you to earn potential returns on your GO+ balance.
The underlying fund for GO+ is Principal e-Cash – a Shariah-compliant Money Market Fund managed by Principal that aims to provide investors with liquidity and income. The fund is owned by Principal and TNG e-Wallet only serves as a platform provider to enable customers to save in the Principal e-Cash Fund.
The balance in the GO+ account should not be treated as e-money, deposit, and is neither capital guaranteed, nor capital protected by PIDM.