I invested RM5k on Oct 19 and now have less than that in the account. But Total Change shows a positive value. Is it possible to lose the invested capital? I thought this fund is for us to park idle money and earn interest
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
8
Translate
Report
17K Views
Comment
Sign in to post a comment
Muhammad Hafizullah
:
No worries,you will get a dividend return back in the end of the month
Moomoo Buddy
:
Hi There, this is because of the Dividend causes the NAV is negative. You will having the dividend directly credit into your Moomoo Universe Account within 3 working days. Thank you.
BenZeneC
OP
:
I did get a dividend credited on 28th Oct but also a negative adjustment too on the same day. 13.79 - 13.30 is still +0.49. so it doesn't explain why my account value is actually lower than my principal investment now
moo3000
:
To me, it seems like the dividend is redeemed from the existing MMF account and is deposited back to the moomoo universe account. If you sum up the existing MMF account amount and the so called deposited dividend amount in the moomoo universe account, you will see you get no loss in MMF. Why the dividend is not deposited back to the subscribed MMF account ?
Muhammad Hafizullah : No worries,you will get a dividend return back in the end of the month
Moomoo Buddy : Hi There, this is because of the Dividend causes the NAV is negative. You will having the dividend directly credit into your Moomoo Universe Account within 3 working days. Thank you.
BenZeneC OP : I did get a dividend credited on 28th Oct but also a negative adjustment too on the same day. 13.79 - 13.30 is still +0.49. so it doesn't explain why my account value is actually lower than my principal investment now
moo3000 : To me, it seems like the dividend is redeemed from the existing MMF account and is deposited back to the moomoo universe account. If you sum up the existing MMF account amount and the so called deposited dividend amount in the moomoo universe account, you will see you get no loss in MMF. Why the dividend is not deposited back to the subscribed MMF account ?
静静小熊猫 BenZeneC OP : 我也想懂
JoceyKY 静静小熊猫 : I have the same question. Can anyone elaborate further? It doesn’t make sense to me coz how do I tally the amount?
LaiCM : the profit has deposit into your main account..
102469875 : try check *fund detail, check one by one