Anyone use this coupon yet? I had wanted to subscribe but moomoo exchg rate markup is about $90 to change 20k
![5 Days 8% Coupon for US money fund](https://sgsnsimg.moomoo.com/feed_image/102712895/6b901c97713d32358314324634900a48.jpg/thumb)
![5 Days 8% Coupon for US money fund](https://sgsnsimg.moomoo.com/feed_image/102712895/8a8bb54fbdd739489d3d94f676ecfbe9.jpg/thumb)
![5 Days 8% Coupon for US money fund](https://sgsnsimg.moomoo.com/feed_image/102712895/f6395332c69b3a46be37e682401fb7c8.jpg/thumb)
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$Fullerton SGD Cash Fund(SG9999005961.MF$
Is it normal that the total asset value will decrease? i took screenshots of both today to compare as i only notice this reduction behaviour since yesterday or it has been likethat since a long time?
Is it normal that the total asset value will decrease? i took screenshots of both today to compare as i only notice this reduction behaviour since yesterday or it has been likethat since a long time?
![Picture](https://sgsnsimg.moomoo.com/feed_image/102712895/355a817c3aa33cf2a43d693c017746a9.jpg/thumb)
![Picture](https://sgsnsimg.moomoo.com/feed_image/102712895/2d62643cf2dd3faf9261463385096155.jpg/thumb)
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I m trying to apply this 30days 3% coupon with 10k fresh fund. Not sure is my calculate correct as 3%pa of 10k is 300 then divide by 12mths is $25 but the coupon 30 days which is equivalent to a month interest is only $12.32 which is slightly less than 1.5% is my calculation off?
![How is interest calc for this case?](https://sgsnsimg.moomoo.com/feed_image/102712895/bf5bb983a3df3cb38703de47dd364509.jpg/thumb)
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102712895 OP ZnWC : Hi thanks for chking that out. I m trying to take advantage of th coupon but with this exchg rate its doesnt make sense i stick to th sgd cash fund