How is USD Cash Plus ultra-low risk?

USD Cash Plus invests 99% in short-term US Treasury Bills, which are ultra-low-risk investments. That’s because Treasury Bills are fully backed by the US government, which guarantees that your interest and principal payments will be paid on time. Their short maturities of 0-3 months make them less sensitive to interest rate movements and highly liquid, meaning that they can be easily converted to cash. The only credit risk would come from the highly unlikely scenario that the US government would default.

However, keep in mind that the USD Cash Plus is a USD-based portfolio, so your returns might be subject to currency fluctuations between USD and THB.