why is the fund coupon 0 income
hi, I had a 30 day 5% fund coupon working, but it generated 0 dollars each day, why?
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Moomoo Lily : Hi,@Moomoo Buddy Please help to have a look here.
Jeffery_K OP Moomoo Lily : thank you
Ris99 : Cool bro
Moomoo Buddy : Dear Customer, the activity revenue will begin to be calculated as of the first day when the Funds units are confirmed, after Fund coupons are used. You can check the revenue details via "Accounts - Assets - All Functions - Activity Reward".
The activity revenue will be automatically added to your securities account in 3 trading days when the period for replenishment of Fund coupons expires. There will be a system message notification after the activity revenue is issued. You can check details via "Accounts - Transfers - Funds Records".
Notes:
*If you redeem the fund positions during the activation period of the fund coupon, and the redemption position units are higher than the position units before using the fund coupon, it will affect the income generated by the fund coupon. (Note: The income generated before the redemption will not be affected)
*Suppose Monday to Friday are trading days. For the first extra profit (whether it is a cash management fund or not), will be calculated on trading days. Non-first extra profit, will be calculated on weekends for cash management funds and will not be calculated on weekends for non-cash management funds.
If you have any questions, please feel free to contact our customer service. Online service: APP>Me>Customer Service>Online Inquiry, Customer service hotline: (+65)-6321 8888. Have a nice day!