Cash Plus - a possible vehicle to park your idle funds
I started subscribing to $Fullerton SGD Cash Fund(SG9999005961.MF$
when moomoo offered SGD 90 cashback for starting a Regular Savings Plan (RSP) of at least SGD100. In total, I placed SGD500. There was another SGD8.80 cash coupon for investing at least SGD100 in any fund so I subscribed another S$100.
While investing in funds carries a degree of risk as the capital is not guaranteed or protected by SDIC, $Fullerton SGD Cash Fund(SG9999005961.MF$ is considered low risk as it invests the money primarily in SGD bank deposits. Below shows its historical pricing from Feb 2009 to Aug 2022.
The fund itself has given me a return of SGD1.17 to date.
My total return to date is around SGD100 (16.67%) on my initial capital of SGD600. Thank you, moomoo! ![]()
@Moo_Rich
[The promotion described here has expired]Current Promotion
Currently, moomoo has an even more attractive offer for new moomoo SG clients (Singapore or Malaysian residents who have never made a deposit to moomoo before Aug 2022). Subscribe and maintain at least SGD100 in $Fullerton SGD Cash Fund(SG9999005961.MF$ to get 30 days of SGD2 (a whopping 60% return)
https://www.moomoo.sg/support/topic5_458
[The promotion described here has expired]Current Promotion
Currently, moomoo has an even more attractive offer for new moomoo SG clients (Singapore or Malaysian residents who have never made a deposit to moomoo before Aug 2022). Subscribe and maintain at least SGD100 in $Fullerton SGD Cash Fund(SG9999005961.MF$ to get 30 days of SGD2 (a whopping 60% return)
https://www.moomoo.sg/support/topic5_458
[The promotion described here has expired]I’ve subscribed. Where do I find my kopi money?
For those who are wondering where to find the SGD2 after subscribing, please go to Me > Coupons > Records. The coupons will be credited 1 working day after you subscribe (if you subscribe before 12pm) or 2 working days after (if you subscribe after 12pm). No coupons are sent on weekends so you will get 3 coupons on Mon. Usually, you need to click “use” to convert the coupons to cash but for this promotion, moomoo will redeem them automatically for you. The cash will appear in Accounts >More > Funds Details in 1-3 working days. To withdraw this to your bank account, read https://www.moomoo.com/community/feed/106192965206022[End of section about expired promotion]
Calculating Your Total Absolute Yield
For those who are wondering where to find the SGD2 after subscribing, please go to Me > Coupons > Records. The coupons will be credited 1 working day after you subscribe (if you subscribe before 12pm) or 2 working days after (if you subscribe after 12pm). No coupons are sent on weekends so you will get 3 coupons on Mon. Usually, you need to click “use” to convert the coupons to cash but for this promotion, moomoo will redeem them automatically for you. The cash will appear in Accounts >More > Funds Details in 1-3 working days. To withdraw this to your bank account, read https://www.moomoo.com/community/feed/106192965206022[End of section about expired promotion]
Calculating Your Total Absolute Yield
Number of units purchased*: Amount invested/NAV applicable at the time of subscription**
Current value of units : Number of units purchased x current NAV***
Total Yield: Current value of units - Original amount invested.
*You can also find this information in your daily statements (Account > More > Statements)
**Refer to the timeline at How to Subscribe below to determine the date of NAV applicable
***Historical NAV figures for $Fullerton SGD Cash Fund(SG9999005961.MF$ can be found at Fullerton’s official website here. For $Fullerton Fund - Fullerton SGD Liquidity Fund(SGXZ40088619.MF$ , click here.
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.
How to Subscribe
Click Wealth and then Cash Plus. Click on the fund you want.
Click Wealth and then Cash Plus. Click on the fund you want.
Apply applicable Fund Coupon.
Subscriptions submitted before 12pm will be based on the NAV on the same dealing day (T). Your return will start the following dealing day (T+1) but shows up in the app one day later (T+2) as moomoo’s figures are delayed by one day. Subscriptions after 12pm will be based on the NAV on the following dealing day (T).
Accounts > Funds tab > Fullerton SGD Cash Fund > Revenue Detail
How To Redeem (Withdraw to your moomoo account)
Go to Accounts > Funds tab > Fullerton SGD Cash Fund
If you redeem before 12pm, the NAV is the one announced on the previous dealing day (T-1) i.e. transactions on weekends and before 12pm Mon use the NAV announced on the previous Fri. The amount will be posted to your moomoo account the next working day. If you redeem after 12pm, the NAV is the one announced on the dealing day (T). The amount will be posted to your moomoo account the following working day before 8pm. Check Accounts > More > Funds Details
Suspending or Stopping RSP
If you are on a RSP, go to Funds > RSP(s) > My RSPs > click on the relevant fund > Management at the top right corner.
If you are on a RSP, go to Funds > RSP(s) > My RSPs > click on the relevant fund > Management at the top right corner.
End will result in the RSP plan being terminated permanently. It cannot be restarted. You can set up a new RSP in future.
Pause will suspend RSP until you choose to restart it.
Smart Save
This is a new feature that auto subscribes to $Fullerton SGD Cash Fund(SG9999005961.MF$ and/or $CSOP USD Money Market Fund(SGXZ96797238.MF$ using uninvested funds in the Universal Account. It also auto redeems when the Universal Account is in deficit. Click on the below blue link for more information as well as learn how to activate or suspend it.
Money Market Fund for USD
$CSOP USD Money Market Fund(SGXZ96797238.MF$ is an option to consider for those who have idle USD. I have yet to study this in detail as I don’t keep a ready pool of USD.
Poll
$CSOP USD Money Market Fund(SGXZ96797238.MF$ is an option to consider for those who have idle USD. I have yet to study this in detail as I don’t keep a ready pool of USD.
Poll
Before you leave, please click the ![]()
below if you find this post helpful. ![]()
Disclaimer: The above sharing is for educational purposes. It is not financial advice or a recommendation to invest. Please consult a financial advisor and consider your investment objectives, financial needs, financial position and risk profile before making any investment decision.
@101487585 @101553463 @101597363 @101653413 @1016H @101677237 @101732792 @102231088 @102258603 Teacup @102258835 @snoopy123 @aoimizu @Johannpee @LuckyPiggie @虎猪密友 @虎狮驾到 @小虎发大财 @hanabi3 @phady05 @93339888 @unassuming Fox_6031 @AllyO @GM 1 @Milk The Cow @102478276 @102512843 @102636122 Joy @102644902 @102670737 @102721500 @102754832 @102960283 @102964172 @102139282 @103025986 @102954566 @102055983 @102989688 @102083620 @102432862 @101577019 @102275383 @102774328 @101786376 @102981140 @102416058 @101566250 @101543441 @101569069 @NEWY_KK @Veggeloo
Disclaimer: The above sharing is for educational purposes. It is not financial advice or a recommendation to invest. Please consult a financial advisor and consider your investment objectives, financial needs, financial position and risk profile before making any investment decision.
@101487585 @101553463 @101597363 @101653413 @1016H @101677237 @101732792 @102231088 @102258603 Teacup @102258835 @snoopy123 @aoimizu @Johannpee @LuckyPiggie @虎猪密友 @虎狮驾到 @小虎发大财 @hanabi3 @phady05 @93339888 @unassuming Fox_6031 @AllyO @GM 1 @Milk The Cow @102478276 @102512843 @102636122 Joy @102644902 @102670737 @102721500 @102754832 @102960283 @102964172 @102139282 @103025986 @102954566 @102055983 @102989688 @102083620 @102432862 @101577019 @102275383 @102774328 @101786376 @102981140 @102416058 @101566250 @101543441 @101569069 @NEWY_KK @Veggeloo
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
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What is your name : very informative and nice !
DadacaiOP : @quiet Anteater_7034, you can find the answer to your question in my post.
DadacaiOP What is your name: Thank you :)
Shuseido : Better if you can include the Redemption and Withdrawal process, waiting time, etc..
DadacaiOP Shuseido: Thanks, updated.
Shuseido DadacaiOP: Perfect!
quiet Anteater_7034 DadacaiOP: Do you have the link to your post? My kopi coupons keeps saying redeemed ( it is not by me)... is my account hacked?
DadacaiOP 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...
).
(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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