Can you use margin to purchase CSOP?
moomoo charges 4.8%pa for USD long margin but $CSOP USD Money Market Fund(SGXZ96797238.SG$ yield
is higher.
So is it possible to purchase CSOP on margin?
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Dadacai : No
generous Gnu_9752 Dadacai: true but if u have deficit main acct the fund will be redeemed automatically to cover the deficit....that what happen to me and end up my fund principle got lower
Dadacai generous Gnu_9752: That’s if you have SmartSave activated. You can suspend it.
generous Gnu_9752 : yeah i did already