$Fullerton SGD Cash Fund (SG9999005961.MF)$ dont know how in...
dont know how investment works at all, but i got enticed to put $100 into this fund. how do i calculate my daily interest based on how much i put into the fund? and also can i hav a sensing of how much ppl are making?
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Flying_Cat : generally for every sgd10k you invest you will get $1 back return daily(may fluctuate)
so $100 is equivalent to $0.10+/-
HuatHuat8 Flying_Cat: Urm… really meh? The calculation seems incorrect bro
会飞的笨鸟 :
Boon Peng EliforpHummingbird: How do you get $0.7822 per day?
RandomRando HuatHuat8: It’s correct. Because normally the per annum yield is closer to 3.8%. So one year $10k goes up by $380, divide by 365 days, it’s around 1 dollar a day. You put in $100, it will go up be about 1 cent a day. Not very exciting.
Dadacai : Click on the blue link for more detailed explanation Cash Plus - a possible vehicle to park your idle funds Number of units purchased: 100/NAV applicable at the time of subscription
Current value of units : Number of units purchased x current NAV
Your total gain: Current value of units - 100.