$Fullerton SGD Cash Fund (SG9999005961.MF)$
hi, very curious! as this is a fund, it will be affected by the NAV movement, but there is a yield to it, so do i get interest on a daily basis? (if it's 4% on 10k then 400/365), and if the NAV drop i might lose some capital?
thanks for answering!
hi, very curious! as this is a fund, it will be affected by the NAV movement, but there is a yield to it, so do i get interest on a daily basis? (if it's 4% on 10k then 400/365), and if the NAV drop i might lose some capital?
thanks for answering!
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when insider buy, it is an indication of confidence in the company future performance, and current price does not match what they are seeing.
$AMC Entertainment (AMC.US)$ final call for people who wants in! yesterday i mentioned that they will do anything to make people sell today so that they cannot attend the vote on 2/6. its happening now.
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hodl and buy more!!!
look at how much we gained for the week! rocket is refueling for people to go to the freaking pluto!!!
hodl and buy more!!!
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$AMC Entertainment (AMC.US)$ what they are going to do next 2 days is to get you to sell. Because the moment you sell, the shares cannot get accounted for for next wk's share count. US market is not open for next monday. Dont fall for the trap
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trojan1337 OP Moomoo Buddy : understood. as for the yield, is it being calculated and credited on a daily basis?
trojan1337 OP Dadacai : there should be a payment to it as fullerton cash fund has many short term deposits which are less than 4weeks to maturity. it functions typically like a high yield savings with very low risk, unlike a typical bond or equity fund that is based on day to day NAV change.
i might be wrong though, thus clarifying over here. thanks!
trojan1337 OP RandomRando : yes it is very stable as we are currently in a high interest rate environment for the last 2 years.
before the inflation and interest hike this is a fund that gives 1% annualised returns. interest rate will still be high for the next 1 to 2 years, so short term wise if we get the interest credited daily it is pretty decent for a low risk instrument.
but with gradually stable or declining interest, the NAV might be affected
trojan1337 OP Dadacai : that's y im asking actually, becoz they are not in short duration bonds that mature with profits, but short term deposits. so the yield should come from deposits with these financial instituitions
trojan1337 OP : yep i subscribed abit to understand if it really do credit interest. if its like you say based on NAV pricing, then it's clear to me already. thanks! are you official spokesperson or can moomoo official verify this?
thanks alot