$Fullerton SGD Cash Fund (SG9999005961.MF)$ Follow me to lea...
Follow me to learn more seekrsi![]()
Saw there are many who do not understand about the yield. It's avaliable in the fund page， currently daily yield is 0.01 percent which means if you place 100k you get 10bucks a day
![$Fullerton SGD Cash Fund (SG9999005961.MF)$ Follow me to learn more seekrsi[Grin] Saw there are many who do not understand about the yield. It's avaliable in th...](https://sgsnsimg.moomoo.com/feed_image/102068803/fedb5a8ff82a3435b0931105c2ea9f7d.jpg/bigmoo)
![$Fullerton SGD Cash Fund (SG9999005961.MF)$ Follow me to learn more seekrsi[Grin] Saw there are many who do not understand about the yield. It's avaliable in th...](https://sgsnsimg.moomoo.com/feed_image/102068803/95bbf03577c13b48a163ff0a62037c79.jpg/bigmoo)
The cow is generated when you go to your portfolio page and share your accumulated earnings.
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Quant trader with start-up experience in AI，Gaming and Logistics
Previously based in Cambridge MA
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Merwin Goh : Not true. My friend have $211K, everyday he is getting abt $13 for interest.
SeekrOP : That's actually quite interesting， I would recommend that he pursue the issue with @Moomoo Team.
I went thru the prospectus and it doesn't go too much into it. @Moomoo Teamwould be able to share on what goes between the fund the display of yield and final disbursal of returns.
SeekrOP : Having said that I hope the 211k is not just placed here for the long term， because the returns are super low even if the returns are 2 perc pa.
CiaoBella SG : the 0.01% is an indicative growth based on 7 days yield. There was a day last week that shows 0.00% growth for 1 day
SeekrOP : That's definitely possible， looking at the chart， in those periods it wld have been very close to zero. This product is designed as a place for interim funds placement so it's only slightly above bank rates.
Merwin Goh SeekrOP: What do you suggest to place the fund for higher interest pls?