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$United USD Cash Fund-Class R (MYU0100A8420.MF)$ May I ask, ...

May I ask, moomoo Muddy, when buying Fund above USD, is it in USD when redeemed? Why is the interest in Malaysian Ringgit instead of USD?
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  • Moomoo Buddy : Hello! If the fund you are subscribing to is priced in US dollar exchange rates, then it will also be processed at the same US dollar exchange rate when redeemed. In addition, the exchange rate displayed on the interest interface is optional, for reference only, and may not be the actual exchange rate you will receive. Thank you for using moomoo, and wish you a great day.

  • 量能 OP : Hello, is there a similar process for calculating the exchange rate in USD? Could you please explain in detail what you mean by "similar"?

  • 量能 OP Moomoo Buddy : Hello! How many days does it take for the redemption to be credited to the account before buying US stocks? Is it five days or seven days?

  • Moomoo Buddy 量能 OP : Hello! If you redeem before the deadline, the funds will be deposited back into your Universe Account after T+3. Only after the funds are deposited, you can use them for trading. Thank you for your understanding, thank you.