$United SGD Fund MDis (SG9999010805.MF)$ also how does the p...
$United SGD Fund MDis (SG9999010805.MF)$ also how does the p&l work? Firstly, its not everyday. when it does, it gives one to two times at the same rate/amount. Then it takes back that total amount in loss. then it repeats. Eg when they give 10.55 for two days, they will take back 21.10 in loss (or vice versa). So Its always playing with that same amount in P&L. I don't think this is a useful portfolio to get into. And I haven't got the dividends even when its supposed to be 2nd May.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
Moomoo Lily : @Moomoo Buddy Please help assist it.
Moomoo Buddy : Dear valued customer, regarding your inquiry about $United SGD Fund MDis (SG9999010805.MF)$, the profermance of the funds is provided by the funds company, you may check from their official website: Fund Details | UOB Asset Management, for the dividend we will feedback to our internal team for further checking. Have a nice day!
Cyinsect : As usual all divided pay will reflect on value NAV. That’s mean take our own money to pay of dividend . Lol.
2nd May is ex-date. Payout should be 16th May.
103589097 OP Moomoo Buddy : I would prefer someone check and get back to me please. The link shows nothing in fund performance. Everything is blank. So do they only do dividends payout or does it also have P&L every day. Because from what I see, and from someone's comment, this fund just do dividends payout and the daily p&l is just for show. Whats the point of giving and taking daily and eventually equals to 0% on the portfolio?
Moomoo Buddy 103589097 OP : Dear client, we can open the link, if you open it failed, please try to open it via External Browser. Or you can find the fund and check the NAV via performance-Historical NAV. Moomoo Fund Hub has monthly-paid, quarterly-paid, and annually-paid dividend funds. Funds that pay dividends will reduce their NAV by the amount of the dividend being paid on the ex-dividend date; so you may see a situation where the net value decreases but the income on that day is positive. But your usual profit and loss has nothing to do with dividends, it's the fund's profit and loss. If you have any question, please feel free to contact us via MooMoo-Me-Customer Service-Online Inquiry or hotline (+65)-6321 8888 Thank you for your support! Have a nice day！
Moomoo Buddy 103589097 OP : Dear client, for the P/L of the fund, it will be reflected when the NAV be updated. And the payment date of the dividend is expected to be 1 to 2 weeks after the Ex-dividend date. After ex-date, kindly choose the fund position on Trade page and enter to the【Position Details】page where there's a notification "Cash dividend of xxx. xx will be issued on mm/dd" If you have any questions, please feel free to contact us via MooMoo-Me-Customer Service-Online Inquiry or hotline (+65)-6321 8888 Thank you for your support! Have a nice day！![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
103589097 OP : How are the dividends redeemable anyway? Because under universal account, it shows a difference but cash withdrawable has nothing. So question is where does the dividends go if its not back to the fund?
103589097 OP Moomoo Buddy : How are the dividends redeemable anyway? Because under universal account, it shows a difference but cash withdrawable has nothing. So question is where does the dividends go if its not back to the fund?
Moomoo Buddy 103589097 OP : Dear valued customer, the dividend will be credited to your cash balance under "universal account", you probably use the funds to do the investment, kindly check from Account - More - funds details. Have a nice day!
103589097 OP Moomoo Buddy : Nope. I do not trade. Only use this account for investments funds. What I have are those 5 or 6 'free' partial funds. So where have the 30+ of dividends gone to?
View more comments...