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$Eastspring Investments Islamic Income Fund-Class R (MYU0100...
$Eastspring Investments Islamic Income Fund-Class R (MYU0100A2522.MF)$ Flexible application and redemption? @moomoolily, please explain.
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Jason1314 : Yes was about to ask about this
Moomoo Buddy : Hello, subscribing to Eastspring Investment Islamic Income Fund Class R requires “cash withdrawable purchasing power” to subscribe. When “financing capacity” is turned on, after you redeem it, you can use this amount to directly buy shares and subscribe for shares.
Nia’s Moomoo Buddy : What do you mean ? Do you mind clarify a bit more on withdrawals?
103568489 Moomoo Buddy : How to withdraw after redemption?
Moomoo Buddy : Hi there! Once the funds have been redeemed and officially credited to your Moomoo Universe Account as a withdrawable amount, you can proceed with the withdrawal as usual. Thank you!
103568489 Moomoo Buddy : How long it take to credit at momoo univers account
Moomoo Buddy 103568489 : Hi there, if you perform the redemption before the cut off, it will credited T+1 before 20:00. You can check further the redemption Workflow in the Trading Rules. Thank you.