what is meant by dividend per unit
let say i invested 1000 does that means i have 1000 units
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Moomoo Lily : @Moomoo Buddy Please help assist it.
Moomoo Buddy : Dear client, invested 1000SGD does not means you have 1000 units. This depends on the net value (NAV) of the fund on the day when you subscribe for the confirmed of the fund.
If you have any question, please feel free to contact us via MooMoo-Me-Customer Service-Online Inquiry or hotline (+65)-6321 8888 Thank you for your support! Have a nice day!
chinchilla6OP Moomoo Buddy: can u show clearer example? for the caculation
Moomoo Buddy chinchilla6OP: Dear client, if the NAV on the day when you subscribe is 1.5SGD, then you have 1000/1.5 =6666 units, thanks for your support!