NVDA
NVIDIA
-- 140.110 RGTI
Rigetti Computing
-- 10.0400 TSLA
Tesla
-- 394.940 AMD
Advanced Micro Devices
-- 121.840 IONQ
IonQ Inc
-- 30.250 
Earn US Moolah while Waiting!
Dear Mooers, ![]()
On today's topic, we will be discussing on how to earn more US Moolah with your idle USD cash.
For this, we will focus on one particular money market fund: $CSOP USD Money Market Fund (SGXZ96797238.MF)$ ![]()
Here, I have extracted the 'Historical Return' data for the CSOP USD Money Market Fund.
Notice that this fund return 0.04% for the past 1 week, which is about 2.08% p.a. ![]()
This fund is useful because we can park our idle USD into the fund while waiting for suitable opportunities in the market to buy our favourite stocks.
For example, I can subscribe to this fund while waiting to buy BYND stock or BBBY stock, and redeem it before SGT 9:00 am for my US stocks purchase later from SGT 4:00 pm onwards. ![]()
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Most importantly, this fund has a very low 0.01 SGD minimum subscription, and it does not have any subscription & redemption fee. The management fee of 0.3% p.a. is also waived for investors from 13 Jul 2022 to 31 Oct 2022. Take note that you do not need to fork out additional moolah to pay for the fees as the fees are paid by the fund itself. ![]()
So, which feature of the Fund do you like the most? You may choose more than one.
Last but not least, we can also subscribe to the $Fullerton SGD Cash Fund (SG9999005961.MF)$ to get better yields than bank deposits for our idle SGD too.
Thank you for your likes and support! ![]()
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
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Discussing
Trump 2.0 countdown: What's the next big opportunity in the markets?
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Shuseido : What is the risk of this investing in this fund? Will be lose our capital in any case?
Mars Mooo OP Shuseido : Some of the risks that I can think of is that this fund is rather new, and so CSOP will need to work harder than other money market funds.![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
Also, if FED decrease interest rate, the fund yield may also decrease too. However, no worries at this time as inflation is higher than 8%. Just look at the cost of a meal, it is totally mind blowing!
Shuseido Mars Mooo OP : How about the other fund: Fullerton SGD?
Shuseido Mars Mooo OP : So only risk is yields could be lesser than expected but capital is guaranteed/protected?
Mars Mooo OP Shuseido : Thanks for asking in here about the capital protection.![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
Here is an extract from my post https://www.moomoo.com/community/feed/108815525347334
Besides the instant buying power, this fund offer ZERO Subscription fee and ZERO Redemption fee. Mooers can also click here to find more information about the fund too.
Simply click the 'click here' and look for question 4.
Shuseido Mars Mooo OP : I have found the answer via "Click Here"!
Thanks for the sharing as I am been searching around.
I will start with small amounts to try out. Thanks again for your time!
Mars Mooo OP Shuseido :