Loss?

YiXuan00 : I only invested in this fund a few weeks ago. Please rest assured that this fund is quite stable

Dadacai : Do note there is foreign exchange risk since USD is not your home currency even if the NAV doesn’t fall. This is not financial advice.

102693100 OP Dadacai : Ya... Thank you. Fully understand... Just wanted to confirm if putting side of currency risk is there other underlying significant risks.

RT24 : I have placed about 12k in this fund for about 6 months now, haven't gotten any loss yet, but what Dadacai said its true, foreign exchange rates will always be changing.

agreeable Hound_0795 RT24 : yea, usd also dropping. I feel that if this fund make profit, it will not be much after conversion back to sgd

101554396 agreeable Hound_0795 : This fund is best for those trading options or stocks on US market. Either when you waiting for stock entry (so you have US$ on hand) or you doing cash secured puts (when you hold US dollars as collateral in the event you are assigned)

lucky333 101554396 : but I do cash secured put, wouldn't I need on hand usd$ in account in order to trade ... if I pump these reserve usd$ into this funds , account become no cash, then how to trade cash secured put?

102693100 OP lucky333 : From my experience, when I trade US stock, it will deduct from the money I deposited into this fund. So far, no issue.

olenechick YiXuan00 : How much are you voting for?