103875778
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$CSOP USD Money Market Fund (18000597.FD)$ what happen to this fund actually? Suddenly drop to 4 something.
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103875778
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Hi mooers!![]()
Welcome to our short video series where we emphasize the highlights of the MooFest online session!
Now let's take a look at the US rate hike and explore potential opportunities ahead! Experts from @CSOP AML shared perspectives about the increasing demand for USD and the subsequent drop of the RMB index! Let's delve into the investing implications of the expected slowdown of inflation.
Tap to watch the complete record >>
Tap here to recap ...
Welcome to our short video series where we emphasize the highlights of the MooFest online session!
Now let's take a look at the US rate hike and explore potential opportunities ahead! Experts from @CSOP AML shared perspectives about the increasing demand for USD and the subsequent drop of the RMB index! Let's delve into the investing implications of the expected slowdown of inflation.
Tap to watch the complete record >>
Tap here to recap ...
![Quick Video: Turning point of the US Fed Hike](https://sgsnsimg.moomoo.com/20230818000003335d27b0d6be8.jpg/thumb)
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103875778 : Today is a public holiday in Singapore, but the app seems to regard today as a trading day to determine that the net value has “not changed,” but in fact, the fund is accumulating interest today plus the weekend and the 9.4 US holiday, so the 9.5 net worth will reflect these changes over and over again. If I understand correctly, today's interest rate should not actually use the previous day's net value during the holidays, but should wait until 9.5 fund transactions resume to update the 7-day yield and accumulate new net value over the weekend+vacation.