Needed 3 months just for principle return
$United USD Cash Fund-Class R (MYU0100A8420.MF)$Actual Return on Excel Formula for Growth:
("Purchase Price"+((("Current Price"-"Purchase Price")/DATEDIF("2024-08-13","2024-09-15","D"))*DATEDIF("Purchase Date",NOW(),"D")))*"Unit Purchase"
Actual Return = Value calculated - Purchase Fee - Sale Fee - management fee (From OUB is 0.75%)
Actual Return = Value calculated - Purchase Fee - Sale Fee - management fee (From OUB is 0.75%)
I put in USD 1.5k with a fee charge 2.99. Average daily increasement is just 0.0121212%. After MooMoo Fee and Admin Fee need 3 months to breakeven for principle return only. Before that period end up will be loses.
)
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
Lie Hai : but for long time will have income right?