ๅธๅธๅธๆ็ๅธ
:
Mine also unexpectedly decreased by 0.2 in capital, asked moomoo customer service, he kept saying it didn't decrease, he never resolved my issue.
Losing Screw
:
Read a few posts earlier you should have the answer. This fund gives dividend every month. NAV would fall align with the monthly dividend payout. The good thing is records shows NAV will always increase steadily hence increasing the value of your fund again. Conclusion is you are not losing money.
Losing Screw
Jane Hon
OP
:
Indeed on paper it looks like losing money. I was confused as well when i start putting in money into the fund. The money should go back to the amount invested before end of month if the fund is doing well. Whenever dividend is issued, NAV drop a lot. That's what makes people "see" they are losing money.
ๅธๅธๅธๆ็ๅธ : Mine also unexpectedly decreased by 0.2 in capital, asked moomoo customer service, he kept saying it didn't decrease, he never resolved my issue.
Losing Screw : Read a few posts earlier you should have the answer. This fund gives dividend every month. NAV would fall align with the monthly dividend payout. The good thing is records shows NAV will always increase steadily hence increasing the value of your fund again. Conclusion is you are not losing money.
Jane Hon OP Losing Screw : but using the simplest way, my money reduced is a fact
Losing Screw Jane Hon OP : Indeed on paper it looks like losing money. I was confused as well when i start putting in money into the fund. The money should go back to the amount invested before end of month if the fund is doing well. Whenever dividend is issued, NAV drop a lot. That's what makes people "see" they are losing money.
Jane Hon OP : so should i just ignore & keep putting residue $$ inside as usual?
103658447 : The dividend is credited to your cash account balance
Jane Hon OP 103658447 : I see, so i just need to use my capital to deduct whatever dividend will be my "net profit" right?

1k capital - dividend 2.97 - current cash 999.21 = RM1.97 interest