Confusing 6.8% promotion
$Fullerton Fund - Fullerton SGD Liquidity Fund (SGXZ40088619.MF)$ I have $10K existing subscription, I deposited another $10K fresh funds, now it tells me I qualify for 6.8% for 20 days. So the 6.8% is applicable for the total 20K or just the fresh funds only?
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Dadacai : moomoo.com/sg/s... Existing and new subscriptions in the selected fund can earn the higher yield as the total is within 50K. Do make sure all your deposits minus withdrawals from 1 Feb, 10PM till the end of your 20 days are at least 10K.
8899168 OP Dadacai : oh thanks a lot
8899168 OP Dadacai : As I understand it if I hit 50k, the promo period will be extended to 40 days and the 6.8% start counting from day 1. What if I subscribe more without hitting 50k, how is the yield calculated?
Dadacai 8899168 OP : 6.8%pa is applied to the daily holdings. If you read the FAQ in the TnC, there is a scenario for when the holdings are increased. If you don't hit 50K, it is still 20 days but some of the days have higher holdings to earn 6.8%pa.
8899168 OP Dadacai : ok