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hi any one who did this thing for first time in the car show held at Conventional centre?? singapore 🙂 I did but I donno anything about it they asked to put 100 SGD to this after one month they said I would get 125 SGD in return ... its not that I need 25 SGD but like I was eager to know about trading and could this be a good experience?? or is there any chance that I get scamed .. ? anyone please do reply on this thankyou ☺️
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Omega27 : Well first you need to know that the fund comes from “ Fullerton fund management “ and it is own by Temasek and lastly there is abit of risk in investing in fund however 99.99% you will earns money on funds
103537690 OP Omega27 : ohhh so If I didn't take back the money after one month what happens ?? will it increase or decrease??
Omega27 : Should increase
yooooz : following are my view on the risk assessment of the fund:
This is a money market fund, which primarily invests in fixed deposits and sg gov securities. Sg gov is rated triple A by the 3 famous credit agency S&P, Moody and Fitch.
Moomoo is also licensed by MAS go they are also govern by the strict sg regulatory rules on your money.
TLim77 103537690 OP : Increase but maybe around 3.x% or even lower per year moving forward. If want to invest more, wait till got promo like the 5.8% pa guaranteed return. Can also look at Fullerton SGD Cash fund which has been around much longer.
Dadacai : Cash Plus - a possible vehicle to park your idle funds
--水龙-- : informations
Thy GoD : what's with the amount of completely oblivious people who rlly shouldn't be told to "put money in this thing and get money back"?
please read the documents of what you're investing in before randomly placing money and magically getting profit.