hs9625
:
I also had realized the low yield in first half of each week and high yield during week ending. I will normally redeem fund on Tuesday or Wed after getting the “dividend” for Sat and Sun, so It does made me wandering if the yield was manage to pay less. This pay less can build to a significant $$$ benefiting the fund manager or moomoo. Any same feel ?
wkwb
hs9625
:
I don’t think that makes sense since managers and platforms can’t just take your returns willy nilly. My best guess is mark to market due to government bills (the fund invests in some MAS bills). Or due to some fund fees charged last Fri. Maybe a combination
wkwb
hs9625
:
I previously invested in the liquidity fund which return is more volatile because it has a bigger component in MAS bills, so mark to market played a bigger part in daily returns
Moomoo Buddy
:
Dear valued customer, we are checking it with our relevant department now. Once we have any updates, we will follow up here. Thanks for your feedback. Have a nice day!
Moomoo Buddy
:
Dear valued customer, after confirmed with our related team: 1. the return you received today (24/06) is the T day return of 21/06. 2. Understand the return of 21/06 is the lowest among the recent 7 days, the daily return is depends on the performance of the Fullerton SGD Cash Fund(it is under management of Fullerton Fund's manager instead of Moomoo SG). All the investments involves risks and we are unable to guranteed for the profits and losses. If you have any further questions please feel free to come in line, we wish you a good day!
DanielNg2024 : Ya. I see it too. Was wondering it myself too. What’s happening
Mervyn88 DanielNg2024 : Same here. How come?
101887145 : yes bug?
hs9625 : I also had realized the low yield in first half of each week and high yield during week ending.
I will normally redeem fund on Tuesday or Wed after getting the “dividend” for Sat and Sun, so It does made me wandering if the yield was manage to pay less. This pay less can build to a significant $$$ benefiting the fund manager or moomoo. Any same feel ?
wkwb hs9625 : I don’t think that makes sense since managers and platforms can’t just take your returns willy nilly. My best guess is mark to market due to government bills (the fund invests in some MAS bills). Or due to some fund fees charged last Fri. Maybe a combination
hs9625 wkwb : Yap, you sound right
wkwb hs9625 : I previously invested in the liquidity fund which return is more volatile because it has a bigger component in MAS bills, so mark to market played a bigger part in daily returns
Moomoo Buddy : Dear valued customer, we are checking it with our relevant department now. Once we have any updates, we will follow up here. Thanks for your feedback. Have a nice day!
Moomoo Buddy : Dear valued customer, after confirmed with our related team:![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
1. the return you received today (24/06) is the T day return of 21/06.
2. Understand the return of 21/06 is the lowest among the recent 7 days, the daily return is depends on the performance of the Fullerton SGD Cash Fund(it is under management of Fullerton Fund's manager instead of Moomoo SG). All the investments involves risks and we are unable to guranteed for the profits and losses.
If you have any further questions please feel free to come in line, we wish you a good day!