JG00
commented on a stock · May 1, 2024 16:50
6.8% promo
$Fullerton SGD Cash Fund (SG9999005961.MF)$ i already had cash inside this fund. but i only jjust found out about this promo after. can i subscribe the promo, take out my existing cash and re-deposit back into this fund?
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Moomoo Lily : Hi, @Moomoo Buddy Please assist. Thanks!
Dadacai : No, requires fresh funds.
JG00 OP Dadacai : But my fund comes from my bank acc. Is it not considered fresh funds? I just wanna withdraw and put it back into the fund. Does this qualifies?
Dadacai JG00 OP : You can check with customer service but I don’t think so. My understanding is any existing assets from the start of the campaign 1 Apr 10PM onwards are not counted as fresh funds. If you can deposit another SGD 10K/50K and subscribe to the same Cash Plus fund, existing subscriptions will also enjoy 6.8%pa for a maximum of SGD 80K subscriptions for 20/40 days. Invest Smarter Existing User Promotion - April to July 2024-moomoo Help Center
JG00 OP Dadacai : Thanks bud I read through what you sent. I wait for them to confirm also.
mirestige : The funds have to be deposited from bank after 1st April to be considered as fresh. If yes, it should auto subscribe to this promo if you buy into the fund after 1st April
Go to me>customer service>promotion>the 6.8% promotion banner
Do you see your funds being allocated inside?
Something like this
JG00 OP mirestige : I haven’t deposited any new funds after 1st April. So I guess that’s why nthn reflected. So after I deposit new funds from now, it’ll reflect a page something like yours?
mirestige JG00 OP : Yap
Fresh funds is funds transfered in after the promo starts. Which is after 1st April 10pm. You also need minimum 10k to join
JG00 OP mirestige : Ok thanks a lot. Appreciate it!
Dadacai mirestige : The main issue is he wants to withdraw from moomoo and then re-deposit. The promotion is not an automatic process for existing users. Need to register at the promotion page before depositing.
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