Dadacai
:
1. Neither. There is no distribution of interest/dividend. The return is simply a change in NAV of your existing units compared to the previous day. 2. In a sense, yes, as the fund reinvests matured deposits with interests earned into new deposits or MAS bills.
Following the introduction of China's groundbreaking DeepSeek technology, Wall Street giants have revised their investment outlooks for the Chinese market.
agreeable Hound_0795 : this is a fund generally generating positive returns every day unless US economy is bad
Dadacai : 1. Neither. There is no distribution of interest/dividend. The return is simply a change in NAV of your existing units compared to the previous day.
2. In a sense, yes, as the fund reinvests matured deposits with interests earned into new deposits or MAS bills.