Cash Plus 3.0: Discover the New Fullerton SGD Liquidity Fund
Hi, mooers!
Moomoo Cash Plus is a cash management tool that offers potential returns on idle cash while providing greater flexibility. Since its launch, Moomoo Cash Plus has become a popular investment choice among mooers for its liquidity and relatively stable yet considerable returns.
Cash Plus has been upgraded once again! Moomoo Singapore and Cash Plus have teamed up to offer a new investment solution for Singaporean mooers. The Fullerton SGD Liquidity Fund, the first retail SGD cash fund with enhanced intraday liquidity, is now exclusively available on Moomoo Cash Plus!
What is the Fullerton SGD Liquidity Fund?
The Fullerton SGD Liquidity Fund, featuring same-day SGD withdrawals, invests primarily in high-quality Singapore government-related bills and bank deposits. What sets it apart is the same-day settlement feature that provides enhanced liquidity over traditional cash management funds.
What are the key features of the Fullerton SGD Liquidity Fund?
1. T+0 settlement
Its distinct feature is the same-day settlement. For retail investors engaged in frequent trading, Fullerton SGD Liquidity Fund facilitates intraday liquidity to comply with stringent settlement timelines (applicable to trading days only).
2. No redemption limit
With the flexibility to redeem full holdings, investors can have peace of mind knowing that their capital remains easily accessible within the dealing deadline and daily redemption limits set by the fund.
How does the Fullerton SGD Liquidity Fund take Cash Plus to the next level?
Fullerton SGD Liquidity Fund Vs Fullerton SGD Cash Fund
Fullerton SGD Liquidity Fund stands out for its flexibility with the T+0 settlement (applicable to trading days only) feature. With subscription and redemption orders confirmed on T Day if submitted before 9:00 AM (SGT), you can check your returns or redeem your shares on the same day.
As for Fullerton SGD Cash Fund, subscription and redemption orders can be confirmed by T+0 if submitted before 12:00 PM (SGT) on T day, which means you can check your returns on T+1 Day.
The Fullerton SGD Liquidity Fund is now available exclusively to Moomoo Singapore investors, launched on Dec 1, 2023, with exciting bonuses. All investors can enjoy 5.8%* p.a. guaranteed returns for up to 30 days.
*Moomoo SG will reimburse the returns to 5.8% p.a. In the case of rewards, if the selected fund returns are below 5.8% p.a. (Full T&Cs apply)
Follow three simple steps, and trade on Moomoo Cash Plus!
Have you invested in Fullerton SGD Cash Fund before? Would you consider investing in the newly launched Fullerton SGD Liquidity Fund? Which feature appeals to you the most? Share your insights with us and win rewards!
Have something to say about the new fund? We want to hear it! Leave your comments and suggestions in the section below. We'll select the most valuable questions to be answered by Fullerton and reward each selected question with 30 points!
Time:
2023/12/12 - 2023/12/26
Rewards:
88 points: for all on-topic comments over 30 words
Notes:
Selection is based on post quality, originality, creativity, and influence.
Posts that are not original or relevant shall be excluded.
All rewards will be distributed to your universal account within 15–30 working days after the winner's announcement.
This presentation is for informational and educational use only and is not a recommendation or endorsement of any particular investment or investment strategy. Investment information provided in this content is general in nature, strictly for illustrative purposes, and may not be appropriate for all investors. It is provided without respect to individual investors’ financial sophistication, financial situation, investment objectives, investing time horizon, or risk tolerance. You should consider the appropriateness of this information having regard to your relevant personal circumstances before making any investment decisions. Past investment performance does not indicate or guarantee future success. Returns will vary, and all investments carry risks, including loss of principal. Moomoo makes no representation or warranty as to its adequacy, completeness, accuracy or timeline for any particular purpose of the above content.
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Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only.
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费北敬 : wow, 1st cash plus with T+0 settlement
TLim77 : If I invest in both Fullerton SGD Cash Fund and the Fullerton SGD Liquidity fund, when I invest in SG stocks, which fund will Moomoo deduct from to pay for the shares? Assume default will be the Liquidity Fund, if I have insufficient funds inside the Liquidity Fund to pay for the shares, will Moomoo deduct the total amt from my SGD Cash Fund instead assuming I have sufficient funds inside this fund? Will it be possible for clients to set the default account to deduct from? Thanks!
Demascus : Great that investors now have a SGD equivalent of the $CSOP USD Money Market Fund (SGXZ96797238.MF)$ in terms of settlement.
May I know if the promotional 5.8% rate for 30/60days is eligible for existing users who have already participated in the ongoing invest smarter promotion?
Also, if we trade sgx stocks and have positions in both $Fullerton SGD Cash Fund (SG9999005961.MF)$ as well as $Fullerton Fund - Fullerton SGD Liquidity Fund (SGXZ40088619.MF)$, which fund will MooMoo's auto-redemption feature redeem from first?
mr_cashcow : Awesome news! T+0 settlement will definitely have many uses especially for currency exchange and buying US stocks when a sudden opportunity arises! Once again thank you Fullerton and Moomoo for bringing us mooers exciting new fund with so much potentials!
Qns I have is what are some of the challenges involved in maintaining a fund with such a short settlement duration?
Cui Nyonya Kueh : to be honest, I have no idea what's the difference? could you please share?
Just Born : I subscribed to Fullerton SGD Liquidity Fund on 8 Dec 2023, will I be entitled the 5.8% return for 30 days?
sociable Dingo_8604 : Understand that this new fund and the existing one is quite similar, if I transfer my existing cashplus funds to this new liquidity fund, does it still count to my on-going 5.8% 30/60 days promotion?
永恆 : The return of this new Fullerton Singapore Dollar Liquidity Fund is a little less than that of the Fullerton IMF, but it is T+0, so each has its own advantages, and each needs to choose!
Shuseido : Great news for MMF investors on the T+0 settlement!
However, the transaction must be submitted by T 9:00 is kind of too early. It would be better if can be T 12:00 like the Fulllerton Cash Fund.
Is the return yield % same as the Fullerton Cash Plus? If not, what are we expecting?
小trader : Great news that there’s a MMF that’s T+0. My question is that in what scenarios would T+0 settlement be more advantageous for investors?
My second question would be that would the performance of the fund be affected by the T+0 settlement date?
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