Note: Revenue Details is moomoo’s way of showing the day-to-day change in the NAV for the number of units you currently hold. No interest or dividend is actually paid out to your moomoo account. The return can therefore become negative if the current NAV falls below the NAV of the previous dealing day. The chance of this happening is low for this particular fund due to the nature of the underlying assets (SGD bank deposits, MAS bills, etc) but it can happen.
What is your name : very informative and nice !
Dadacai OP : @quiet Anteater_7034, you can find the answer to your question in my post.
Dadacai OP What is your name : Thank you :)
Shuseido : Better if you can include the Redemption and Withdrawal process, waiting time, etc..![undefined [undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36)
Dadacai OP Shuseido : Thanks, updated.
Shuseido Dadacai OP : Perfect!![undefined [undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36)
quiet Anteater_7034 Dadacai OP : Do you have the link to your post? My kopi coupons keeps saying redeemed ( it is not by me)... is my account hacked?
Dadacai OP quiet Anteater_7034 : My post is right above (you can click the message bubble below to jump to it). If they have been redeemed, moomoo could have done it for you automatically for this promotion. How many coupons do you have? Wait for 1-3 working days for the cash to come in.
Milk The Cow : Yar, moomoo offered MMF is quite good
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can still be used to buy others funds (equity/bond/balanced USD funds) in the Universal Account instantly
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I think I preferred the $Fullerton SGD Cash Fund (SG9999005961.MF)$ more than $CSOP USD Money Market Fund (SGXZ96797238.MF)$
I invested in $CSOP USD Money Market Fund (SGXZ96797238.MF)$ too because I got idling USD & I wanna compare the both MMF
However, there's a downside to CSOP is that u need take T+1 day to transferred USD to the US margin account from the Universal Account after redeeming the funds... In just 1 day, u may lose a US stock buying opportunity
Had suggested to moomoo to allow the option to credit the redeemed USD sum into US margin account instead of only one option, to the Universal Account
Welp, I guess the redeemed USD
Milk The Cow Milk The Cow : To be more specific, the T+1 day is not referring to the transferring day required but is the day needed to be able to mobilise the funds for currency exchange or withdrawal to bank
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. But it's too dangerous to leverage as I may triggered a margin call if my stock position dropped too much...
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(Transferring idling cash between account is instantly
I was thinking if moomoo allows us to credit redeem USD funds into the US margin account instead, I can trade stock without leverage (Actually I'm not even sure I can leverage with $0 cash in US margin account
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