$Fullerton Fund - Fullerton SGD Liquidity Fund (SGXZ40088619...
anyone expecting for this fund to be same day withdrawal , as it proudly suggests, should rethink cos it didn’t happen to my witthdrawl request.
request submitted at about 820am but funds not in on the same day.
i may have missed out on some T&Cs….
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Stock Trader : You can't withdraw money even if it arrives on the same day; you can only buy stocks directly
kacangboi OP Stock Trader : Thanks for highlighting this.
If it auto redeems when I buy stocks, this feature is then redundant. What one wants, as the fund suggests, it T+0, which is experiencing delays.
Stock Trader : thanks
Dadacai : What time did the funds arrive?
kacangboi OP Dadacai : Funds arrived following day. Received a call from moomoo immediately after I submitted a withdrawal request to consider keeping funds in account.
Then I brought up several issues about this fund and promo, but didn’t think the explanation was adequate- system error she claimed.
Moreover, almost a week after depositing the funds for 60 day promo, it still shows 40day promo.
The process can be frustrating and am losing confidence in this fund and promo
Dadacai kacangboi OP : It could be there was a delay in the funds arriving from the fund house (it happened once to me for the other Fullerton fund). For the additional deposit to get 60 days of 6.8%pa, did you calculate the net deposit amount starting from 1 Feb, 10pm because any amount withdrawn since will also reduce your net deposit for the purpose of the promotion.
lil_62 Stock Trader : This is wrong. I have withdrawn to bank account same day multiple times before, as long as it is in SGD and submitted the withdrawal before 4-5pm