How to use fund coupons
hi i have a 10% fund coupon for this and have already put money inside. can i use the coupon on the money thats inside now or can i only use the coupon when adding more position
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Cold Coffee : Enter the subscription amount first and then you can use Fund coupons.
Demascus : You cannot use fund coupons on the existing amount.
You can either:
a. Subscribe with fresh funds;
b. Redeem your subscribed funds and immediately resubscribe with the fund coupon.
MomoshikOP Demascus: I see, May I ask how the fund coupon works? How should I use it to maximize the 10%?
doctorpot1 MomoshikOP: each fund coupon will work for a set number of days. so you need to keep your money in the funds for it to give you the yield. if you redeem your money before the coupon days are up, then the coupon yield will stop.
the easiest way is to click on your fund and you will see this line (check photo) if the coupon is still active. Once that line is gone, you can redeem and start next coupon. had been doing it for 3 months now and had gotten more than sgd200 from coupons alone hahahaha