$Fullerton SGD Cash Fund (SG9999005961.MF)$ I have made 1 ti...
$Fullerton SGD Cash Fund(SG9999005961.MF$ I have made 1 time deposit for this fund to enjoy 6.8% interest rate. Can I still subscribe further for this fund (addon) to enjoy the 6.8% interest?
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Remoortel : no, just for the first subscription
103665749 HXOP : okay thanks
Linkky : Yes you can but you cannot exceed the max subscription. For example, if you deposit 10k, the 10k will receive 6.8% rate for 20days. If 5days later, you decide to deposit 5k, the 5k will receive 6.8% rate for 15days only. If you top up to 50k in total, you will also activate the tier 2 promo and the 6.8% rate will extend for another 20days.
Dadacai : Can, if your total holdings are within the cap. moomoo.com/sg/s... Just to be precise, you are not depositing money in the fund but buying units in the fund.
Dadacai : I just realised you are a new user so the link I shared above does not apply to you. For new users, the subscription cap is SGD 60K and the duration is 31 days moomoo.com/sg/s...
103665749 HXOP : Thank you all for the insights.
101749721 Linkky: How do you see the 6.8 percent return? My daily returns does not come close to 6.8 percent at all even though I qualify for the 6.8 percent return
Linkky 101749721: 1. 6.8%p.a. guaranteed return:
Moomoo SG will calculate the difference to be made up to 6.8%p.a. based on the client's daily holding.
Daily Extra Return = Daily Holding * (6.8%p.a. – Daily Yield of the Cash Plus Fund Selected by the Client) / 365. The total extra returns will be credited to your Moomoo SG universal account in a lump sum as a cash reward within seven business days after the 20/ 40/ 60-day period ends.