My review of fund investment for 2023
i invested most of my idle fund in $Fullerton SGD Cash Fund(SG9999005961.MF$ . moomoo periodically giving mooer guaranteed 5.8% pa nvestment return for holding fund for a period of 30 to 60 days depends on your choice. which is risk free investment. on top of that moomoo also giving cash funds coupon periodically which is extra bonus return for example 10% pa for 5 to 10 days for investment of funds equivalent to USD 10,000
below is my return for investment in $Fullerton SGD Cash Fund(SG9999005961.MF$
with new launch of new $Fullerton Fund - Fullerton SGD Liquidity Fund(SGXZ40088619.MF$ with same day settlement . this certainly a plus as i could better plan my cash flow needs as the wiithdrawal or deposit of thr fundsis wiithin same day
below is the return for CSOP cash fund . i dint invest much as most of my USD fund are with US stock market. secondly i do not want to have much currency exchange risk
For 2024 . expecting interest rate will come down gradually . but believe cash plus still good to invest in the first half of 2024. and i will defenitely continue to invest my idle fund with moomoo
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101708689 : How did you pass the knowledge assessment test?
Always Growing 101708689: Thanks for raising this question/issue. My friends and I (newbies) have the same hurdle when trying to park our funds here.
romromOP : forgot what are the criteria s to pass the assessment . But it should be easy right? I myself is chartered accountant