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        How to Trade Mutual Funds

        Views 21522022.10.28

        How to manage SmartSave

        Want to make good use of your uninvested money? SmartSave, a feature offered on moomoo Cash Plus, is an option to park your uninvested money, where you can make your money work for you.

        After activating SmartSave, uninvested money in your moomoo SG Universal Account will be automatically transferred to Cash Plus funds in the same currency and earn potential returns for you.

        Highlights of SmartSave

        1. Daily returns: Cash Plus funds can generate potential returns for you daily (including holidays) with relatively higher liquidity.

        2. Auto-redemption: Funds transferred to Cash Plus add to your buying power for trading stocks and funds. No redemption is required.

        3. Auto-repayment: Funds transferred to Cash Plus will be auto-redeemed to repay account deficit in the same currency.

        Step 1

        Tap Funds > Cash Plus > Manage SmartSave.

        Step 2

        Choose Products, tap Activate Now, and enter Trading Password.

        Step 3

        Select a product, and enter or choose Amount Reserved.

        Step 4

        If you want to pause SmartSave, tap Pause and choose Duration.

        Please note that after your joining of SmartSave, you can use only 99% of your Cash Plus position for trading due to the fluctuations in Cash Plus' net value and foreign exchange rates; SGD and USD uninvested cash in your Universal Account will be used to buy Cash Plus automatically at 8:30 AM every working day.

        Trade like a pro with moomoo

        Get free stock and start your professional trading today

        Terms and conditions apply right-arrow

        This presentation is for informational and educational use only and is not a recommendation or endorsement of any particular investment or investment strategy. Investment information provided in this content is general in nature, strictly for illustrative purposes, and may not be appropriate for all investors. It is provided without respect to individual investors’ financial sophistication, financial situation, investment objectives, investing time horizon, or risk tolerance. You should consider the appropriateness of this information having regard to your relevant personal circumstances before making any investment decisions. Past investment performance does not indicate or guarantee future success. Returns will vary, and all investments carry risks, including loss of principal. Moomoo makes no representation or warranty as to its adequacy, completeness, accuracy or timeliness for any particular purpose of the above content.

        Moomoo is a financial information and trading app offered by Moomoo Technologies Inc.

        In the U.S., investment products and services available through the moomoo app are offered by Moomoo Financial Inc., a broker-dealer registered with the U.S. Securities and Exchange Commission (SEC) and a member of Financial Industry Regulatory Authority (FINRA)/Securities Investor Protection Corporation (SIPC).

        In Singapore, investment products and services available through the moomoo app are offered through Moomoo Financial Singapore Pte. Ltd. regulated by the Monetary Authority of Singapore (MAS). Moomoo Financial Singapore Pte. Ltd. is a Capital Markets Services Licence (License No. CMS101000) holder with the Exempt Financial Adviser Status. This advertisement has not been reviewed by the Monetary Authority of Singapore.

        In Australia, financial products and services available through the moomoo app are provided by Futu Securities (Australia) Ltd, an Australian Financial Services Licensee (AFSL No. 224663) regulated by the Australian Securities and Investment Commission (ASIC). Please read and understand our Financial Services Guide, Terms and Conditions, Privacy Policy and other disclosure documents which are available on our websites and Moomoo Technologies Inc., Moomoo Financial Inc., Moomoo Financial Singapore Pte. Ltd. and Futu Securities (Australia) Ltd are affiliated companies.