$United USD Cash Fund-Class R (MYU0100A8420.MF)$ why is it a...
$United USD Cash Fund-Class R (MYU0100A8420.MF)$ why is it advertised as zero fees? And cash position ready for stock trading at any time??
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Yeap2019 : The artificial service also doesn't know, you have to call UOB and ask. But knowing UOB's temper, they probably won't answer.
Moomoo Buddy : Hi the there is no fees or zero fees for subscription and redemption for the fund. Hi it is a fund like a mutual fund, it is not ready cash. You may redeem the fund, and you are able to utilize the equivalent redemption amount for next action like buying a stock.
Harmmchue OP : The advertisement should be re -written to say “Cash Plus positions are available for stock trading after redemption that may take several days” .