Moomoo cash plus

[ekardo]

I was invited for $100 for $20cash voucher again.... cheap thrill...

 

[always_first_time]

I was invited for $100 for $20cash voucher again.... cheap thrill...

how do you get invited again? do another withdrawal?

 

[linusz]

i havent deposit for 6.8%. should i? or got better promo

 

[ekardo]

how do you get invited again? do another withdrawal?

seems like...got it after 1 day I withdrawed my earlier $100 + $20voucher

 

[Listopad]

Any idea which class of Fullerton liquidity cash fund is moomoo distributing ? What’s the total expense ratio ?

 

[wutawa]

Any idea which class of Fullerton liquidity cash fund is moomoo distributing ? What’s the total expense ratio ?

Mar 2024:
Class A, management fee 0.2%
https://www.fullertonfund.com/documents/factsheets/Fullerton_SGD_Liquidity_Fund_–_Class_A.PDF

moo moo app - wealth - cash plus - sgd liquidity fund - summary - fact sheet

 

[Listopad]

Mar 2024:
Class A, management fee 0.2%

Thanks !

 

[Listopad]

Mar 2024:
Class A, management fee 0.2%
https://www.fullertonfund.com/documents/factsheets/Fullerton_SGD_Liquidity_Fund_–_Class_A.PDF

moo moo app - wealth - cash plus - sgd liquidity fund - summary - fact sheet

From the moomoo app, the 7 day yield for Fullerton cash fund edges slightly better than the Fullerton liquidity cash fund . Prob due to expense ratio, and perhaps a cut for moomoo

reason for checking as it may be a good place to park liquid cash (even with no promo) given the attractiveness of same day settlement and no platform fees .

 

[wutawa]

From the moomoo app, the 7 day yield for Fullerton cash fund edges slightly better than the Fullerton liquidity cash fund . Prob due to expense ratio, and perhaps a cut for moomoo

moomoo does not charge any fee according to faq.
https://www.moomoo.com/sg/support/topic5_342#:~:text=6.-,Fees,it separately in the transaction.

 

[zhoholang]

what inactive fee is this?

they say they no have inactive fee leh

I might mixed up however I trust using ibkr more. For local, I use fsmone and dbs vicker

 

[royalmix]

Don't be late for nvdia. 20-22 may.
btw, how do u intend to use the $5 stock coupon?

I usually let it expire!

I played coin collector, won 2x $20 ! Whilst at it, I realised my 2x$10 got credited (different from what tnc state!), haha!

 

[wutawa]

I usually let it expire!

I played coin collector, won 2x $20 ! Whilst at it, I realised my 2x$10 got credited (different from what tnc state!), haha!

i shall let my $5 stock coupon expire then. 3x$10 were credited ytd.
coin collector only gotten $5 (with 4 runs) because i dont have a lot of money to deposit.
i also gotten $3 for $1.5k bank subscription on sgd liquidity fund.

 

[sallybee]

Guys - do I click register then fund or fund money from bank into the app then click register? For the 6.8% promo

 

[revhappy]

Sharing an observation:
The SGD cash fund redemption is T+2.
The SGD liquidity fund redemption is T+1

Both sold after 9 AM.

So if you are participating in the 6.8% promo then just choose the liquidity fund.

 

[wutawa]

Sharing an observation:
The SGD cash fund redemption is T+2.
The SGD liquidity fund redemption is T+1

Both sold after 9 AM.

So if you are participating in the 6.8% promo then just choose the liquidity fund.

I managed to withdraw $1.6k within mins after redeem SGD liquidity fund.

 

[sohguanh]

Sharing an observation:
The SGD cash fund redemption is T+2.
The SGD liquidity fund redemption is T+1

Both sold after 9 AM.

So if you are participating in the 6.8% promo then just choose the liquidity fund.

Liquidity got lower returns. But if whack the 6.8% promo I guess it is negligible

 

[revhappy]

Guys - do I click register then fund or fund money from bank into the app then click register? For the 6.8% promo

The net deposits after you register, is counted.

So if you need to withdraw then 1st withdraw, then click register, then deposit.

 

[sglandscape]

The net deposits after you register, is counted.

So if you need to withdraw then 1st withdraw, then click register, then deposit.

Made this mistake, and withdraw first then register then redeposited.

 

[revhappy]

Made this mistake, and withdraw first then register then redeposited.

I realized it is best to zero out and register and deposit again. Initially I was planning to keep 30k withdraw 50k and then register and deposit 50k again. Then I realized it is net deposit which is counted, until end of promo. So in case I need to withdraw during the promo let's say 10k then I fall short of the minimum 50k net deposit.

Hence best to withdraw entire 80k register and redeposit 80k.

 

[wongdawson]

I registered the 6.8% promo on 18 Apr so the 30 day 18 May i need to redeem and wait for 7 days for the interest to credit then can withdraw?