are earings reinvested
$Fullerton SGD Cash Fund (SG9999005961.MF)$
the earnings that we get from this fund, does it automatically reinvest into it?
the earnings that we get from this fund, does it automatically reinvest into it?
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Moomoo Lily : @Moomoo Buddy Please help assist it.
sociable Dingo_8604 : Yes, is compounded
Moomoo Buddy : Dear client, when you use a certain amount of money to subscribe for a fund, the NAV (price) of the fund on a certain day will be used to confirm the final units of the fund (quantity) you have subscribed for.
If you do not continue to subscribe/redeem, the unit of the fund you hold will not change, but the NAV (price) of the fund may change on each trading day.
The fund's return is calculated by the change of the fund's NAV, which is the same as the return on stocks, instead of calculating compound interest. If you have any question, please feel free to contact us via MooMoo-Me-Customer Service-Online Inquiry or hotline (+65)-6321 8888 Thank you for your support! Have a nice day！
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