How is the redemption amount calculated?
$AB International Health Care Portfolio.FD$ I currently have $615.78 sgd in the fund. when I applied to redeem, it says that I can only expect an amount of 489.97 to 541.55 sgd. Why is it so much lower than the 615.78 sgd? please help 🙏
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Moomoo Lily : Hi, @Moomoo Buddy Please assist. Thanks!
Moomoo Buddy : Dear valued customer, when you try to redeem it, on the redeem page, there is a [Expected to credit amount], beside there is an "i" button, you can click on that, the Arrival amount calculation: Actual amount received: Redeemed units* confirmed NAV; NAV to be confirmed by the fund company after the order is submitted. Expected amount received: Redeemed units*current NAV* (1±5%). Thanks for your support. Have a nice day!