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$Maybank Retail Money Market-I Fund (MYU0100A2266.MF)$  Why ...

$Maybank Retail Money Market-I Fund (MYU0100A2266.MF)$  Why is it i lost rm13.56 but still have net asset at rm5100?
$Maybank Retail Money Market-I Fund (MYU0100A2266.MF)$  Why is it i lost rm13.56 but still have net asset at rm5100?
$Maybank Retail Money Market-I Fund (MYU0100A2266.MF)$  Why is it i lost rm13.56 but still have net asset at rm5100?
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  • 102410652 : This MMF distributes dividends every month, with an expected payment date of 30 Sept.

  • Francis LAI S H : Today is the ex-dividend date, dividends will be distributed. Maybank does this at the end of each month. The interest is automatically deposited into your moomoo account, not here in the fund.

  • Hamed Hazretere : well explained thanks

  • 104335952 OP Francis LAI S H : Oh, I was confused because I saw that the net asset was still the same at 5100, so is this 0.01 each day the NAV rising or is it also a type of interest?

  • 104266827 : invest RM10015 now decreasing?

  • Moomoo Buddy : Hi! On Sep 27th, Maybank Retail Money Market-I Fund experienced negative returns, but your holdings did not actually incurred any losses. The main reason is that:
    1. The NAV of the fund was 1.0153 on Sep 25th and decreased to 1.0126 on Sep 26th, a reduction of 0.0027; However, the fund initiated monthly dividend distribution on Sep 26th, with a dividend of 0.0028 per unit.
    2. As a result, there were no actual losses to your holdings. When dividends are distributed monthly, the dividend amount will be deducted from the unit NAV, resulting in a decline in the unit net value of the fund on the ex-dividend date, Sep 26th. Therefore, [Daily Chg] were displayed as negative. At the same time, the expected dividend amount will be displayed in [Assets in Transit]; on Sep 30th, the actual dividend amount will be credited to your Universal Account.
    3. You can click on the icon next to [Assets in Transit] to view the details, or compare [Daily Chg] with [Assets in Transit] to see that the actual cumulative returns are positive.

  • 103485432 : How exactly is it calculated????