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$Fullerton Fund - Fullerton SGD Liquidity Fund (SGXZ40088619...

$Fullerton Fund - Fullerton SGD Liquidity Fund (SGXZ40088619.MF)$ greetings Moomoo. First of all thank you for revolutionizing the trading experience. May I know if the return for the SGD liquidity fund is gonna be posted soon?
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  • Moomoo Lily : Dear Valued Client,
    The decrease in the Fund’s NAV from August 21 to August 22 is due to a price decline in one of the underlying MAS bills within the Fund. Fullerton Fund Management is currently obtaining the MAS bill price from Bloomberg, and we will inform you as soon as we have an update. Thank you for your understanding and support.

  • 104129623 Moomoo Lily : ? People askin U when it will be posted right , ain’t gonna think TODAY WILL GET RETURN BACK GUYS ………….. just asked customer service STILL NO UPDATES ! Wait a while lo

  • 104129623 Moomoo Lily : Hi Lily might as well don’t say will be better la hahahaahahahaaaha I read like wat sia guys didn’t answered us U KNOW .

  • 105525016 Moomoo Lily : keep copy and paste the same stuff to all comments and face the consequences when 10s of millions get moved out from this fund

  • 104129623 105525016 : Liao

  • 104129623 105525016 : I prep to jump liao . Should I ? @Moo_Rich

  • 103594127 : Hi,

    I asked MetaAi how the MAS bill price can drop. i
    Fyi, it replied:

    MAS bills are short-term debt securities issued by the Monetary Authority of Singapore (MAS). They are generally considered low-risk investments, and their prices are typically stable.

    However, MAS bill prices can fluctuate due to changes in market conditions, such as:

    1. Interest rate changes: When interest rates rise, the prices of existing bills with lower yields may drop to make them more attractive to investors.

    2. Market demand: If there's less demand for MAS bills, their prices might decrease.

    3. Credit rating changes: Although MAS bills are considered low-risk, any changes in Singapore's credit rating could impact their price.

    4. Liquidity issues: If there's a shortage of buyers or sellers, the price might be affected.

    In the context of your fund, the price decline in the MAS bill likely led to a decrease in the fund's NAV, as the fund's value is calculated based on the value of its underlying assets.

    Keep in mind that MAS bills are generally a low-risk investment, and price fluctuations are usually minor. If you have concerns, consider reaching out to Fullerton Fund Management or a financial advisor for personalized guidance.

  • 104129623 : Now POSTED LE GUYS finally

  • Ah Kwang : Funny, I never thought that people would start to panic due to a small negative. to be honest it's truly disappointing that Fullerton fund management didn't update why this happened. Unlike CSOP fund management that keeps you up to date with what are the current things affecting the rates of the MMF.

  • Dadacai : Hi you can find the NAV figures on the Fullerton website if moomoo is late with the updates. Fullerton SGD Liquidity Fund A - Fullerton Fund Management

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