question
if i redeem my fund out and put it in again in the same day will i lose any interest?
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
AI轮 : Hui
KingKhongWS AI轮: Is either you take the value of your coupon or the value of your daily returns. There is no both if you Dont subscribe with fresh funds. Either this or that. Still, is your choice.
倚天屠龙 : Depending on the exact time when MM processes your subscription & redemption, you are likely to sell at a certain NAV & buy at a higher NAV.
Romantic Hunk_ : u cannot do that at moomoo. Redeem takes two days. u can do that on webull
KingKhongWS Romantic Hunk_: Have you tried it before answering the question? Here is a screenshot that said it all.
Romantic Hunk_ KingKhongWS: is a cash fund, you did execute a redeem, but the fund is frozen. it is still not credit into your account yet as for u to withdraw or reinvest.
KingKhongWS Romantic Hunk_: Did you read his question? and I asked you a question too, could you answer my question?
I did it in both Money Market Funds (aka Cash Fund) before, in $Fullerton SGD Cash Fund (SG9999005961.MF)$ & in $CSOP USD Money Market Fund (SGXZ96797238.MF)$. How bout you, have you done it before in MooMoo? 
Redeem and Subscribe again in $Fullerton SGD Cash Fund (SG9999005961.MF)$?
Romantic Hunk_ KingKhongWS: maybe
KingKhongWS Romantic Hunk_: Maybe - you sound unsure, uncertain. Try it before answering the question.
Romantic Hunk_ KingKhongWS: maybe you already confused. It is best for you to check with customer support
View more comments...