$Maybank Retail Money Market-I Fund (MYU0100A2266.MF)$ I put...
$Maybank Retail Money Market-I Fund (MYU0100A2266.MF)$ I put in 20,000 but now I got less than 20,000. What in the world has happened?
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
Just Poor : Bro, every month got dividend for this fund, dividend will direct send to your universal account, go check your transition details
DivineWalker OP Just Poor : Yeah but now my total investment in this fund reduced.
Lowkey lowkey DivineWalker OP : It not reduce every months u will receive dividen into universal, then u depo back into cash plus back. Nothing missing out
barleylime : If you compute the balance in the money market fund plus the cash dividend just paid, then minus your original capital - that is your gain. The only hassle I see here is lack of automatic reinvestment of the distribution.
Lowkey lowkey barleylime : I think they given the choice to us whether to use the dividen to reinvested or use it for other things well there nothing wrong. It could be easy if they can give us an option of choices
Papa Bear Raswan : I was confused as u were when I got my first dividend. After reading comments from the seniors here, we just need to wait for the dividend to go out of transit and get into our universal acc. From there you need to manually transfer it back to the fund via the subscribe button. All is good but an automatic option would be greatly welcomed.