Smartsave fees?
$Fullerton Fund - Fullerton SGD Liquidity Fund (SGXZ40088619.MF)$ Hi, what are the fees involved for Moomoo SmartSave? Are the fees counted everytime we buy in and out of the fund?
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Moomoo Lily : Hi, @Moomoo Buddy Please assist. Thanks!
Moomoo Buddy : Dear client, there's no fees charged for using smartsave, it is a feature provided by moomoo SG for free. If you have any other question, please feel free to contact us. Have a nice day ahead!![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
101738773 OP Moomoo Buddy : hi, what about the usual fees for buying into the fund?
Moomoo Buddy 101738773 OP : Dear client, for the fees of subscribing to Funds, you may refer to each particular Fund, click on subscribe, and right top you can see rules, and fees are mentioned there. And actually fees are already deducted from all the returns, no need for investors to make another payment. If you have any other question, please feel free to contact us through 'Me-Customer service-Online inquiry/Phone inquiry'. Have a nice day ahead!![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
101738773 OP Moomoo Buddy : but i would like to know for every subscription into the fund through smartsave, does that mean we pay the fees for the fund every single time?
Moomoo Buddy 101738773 OP : Dear client, as mentioned above, smartsave is free to use. Thank you and have a nice day!
101738773 OP : thank you!
2Pixiu Moomoo Buddy : Hi, but what if I buy stocks and the account shows negative value. Will there be any interest incurred in my stock account before SmartSave deducts money in the fund account?
Moomoo Buddy 2Pixiu : Dear valued customer, No, you won't be charged any margin interest as:![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
1. if you have sufficient SGD inside your Fullerton SGD Cash/Liquidity Fund, when you go and buy SG stocks, on the next day morning, the SmartSave will auto-redeem the negative SGD cash amount from your Fullerton SGD Cash/Liquidity Fund to pay off your SGD margin amount.
2. if you have sufficient USD inside your CSOP USD Fund, when you go and buy US stocks, on the next day morning, the SmartSave will auto-redeem the negative USD cash amount from your CSOP USD Fund to pay off your USD margin amount.
If you have any further questions please feel free to come in line, we wish you a good day!