$CSOP USD Money Market Fund (SGXZ96797238.MF)$ I want to kno...
$CSOP USD Money Market Fund (SGXZ96797238.MF)$ I want to know I bought a SGD fund in August '23
I'm depositing SGD 10,000 to buy this fund in USD today
Will I still have 6.8% profit this way
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Schwa1995 : 6.99% (slightly different from product to product) is the agreed interest rate for first-time purchasers (usually 2-4%). Domestic account opening also has the same policy, and generally takes no more than a month, and there is an upper limit on the amount.
It is recommended that you can buy US dollar bonds directly for fixed investment. At least there will be a wave of market conditions before interest rates are cut
Ruku Yuan OP Schwa1995 : I'm not familiar with bonds, I don't dare![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
Dadacai : If your net deposit (total deposit minus total withdrawal) is at least 10,000 from February 1 at 10pm until now, you can participate. However, you have to go to the event page to register before depositing funds. Also, the fund must be the first Cash Plus purchase you make after registration and deposit.
Dadacai : Compared to SGD funds, US dollar funds have foreign exchange risk. This is not investment advice, just a reminder.