just curious?is there any minimum subscription or something?...
just curious?is there any minimum subscription or something?I tried to subscribe $24 after 1 week i only get 1cent.
So this is not daily return but weekly?
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Moomoo Lily : @Moomoo Buddy Please help to have a look here. Thanks.
Dadacai : The minimum amount of subscription is S$0.01 but S$24 is very low in terms of capital so your returns will be very low. At the present annualised rate of approx 3.8% for Fullerton SGD Cash Fund, the daily return is around 24 x 0.038/365. The actual return is the difference between the current NAV of the units you hold and the amount you invested and will fluctuate as it depends on the underlying assets of the unit trust and the interest rate environment. The NAV figure is published on weekdays excluding public holidays and funds closed dates. In moomoo app, the daily return is only shown up to 2 decimal places so you see 0 initially. If you invest at least 100SGD, you will see around 1 cent of return per day at the current annualised rate.