Moomoo cash plus

[ekardo]

Coupon finally in. Claimed, Now waiting another 2-3 days for it to reflect.
then another 2-3 days to sell.
Too draggy liao

We probably had the same end date, and I have yet to receive the coupon too.
But given moomoo's track record on my 5.8%; they took 6 weeks to credit the coupon to me, I wasn't too hopeful in receiving the 6.8% coupon any time soon.

 

[DOINK1]

Don't seem quite confident with this promo after reading comments here. Placed 20k last week, hopefully the coupons come early for me,but I did get $3 cash coupon for the deposit though, which I have withdrawn haha

 

[sohguanh]

Coupon finally in. Claimed, Now waiting another 2-3 days for it to reflect.
then another 2-3 days to sell.
Too draggy liao

From coupon claimed till it appear in Universal Account is 1 day for me. Today I tap afternoon tomorrow evening monies come in. Then Universal Account to bank account evening tap tomorrow morning come in.

 

[rob1977]

From coupon claimed till it appear in Universal Account is 1 day for me. Today I tap afternoon tomorrow evening monies come in. Then Universal Account to bank account evening tap tomorrow morning come in.

usually it won't take that long to reach bank account. should be within a day. sometimes just less than 1 hour

 

[ekardo]

Coupon came at 3pm yesterday, clicked to claim immediately. 3pm today nothing reflected yet.

 

[zero_88]

Guys I gt a question

in the moomoo they ask me if I want to invest my idle fund in some fund during day time

How does it work? does it mean the fund will be return to me daily after day time?

 

[wenguang]

Guys I gt a question

in the moomoo they ask me if I want to invest my idle fund in some fund during day time

How does it work? does it mean the fund will be return to me daily after day time?

depends on which fund you set. liquid fund or cash fund.
for liquid fund, instruct selling before 9am, can get fund around 3pm the same day during weekdays and can instruct withdrawal, small amount immediate, larger amt like >10k, 6 or 7pm will reach bank account.

If you want to use the fund to do trading, you can use the amount immediately after selling the fund anytime

 

[sohguanh]

depends on which fund you set. liquid fund or cash fund.
for liquid fund, instruct selling before 9am, can get fund around 3pm the same day during weekdays and can instruct withdrawal, small amount immediate, larger amt like >10k, 6 or 7pm will reach bank account.

If you want to use the fund to do trading, you can use the amount immediately after selling the fund anytime

Liquid fund quite bad performance compared to Cash Fund. I test water already.

 

[zheng]

depends on which fund you set. liquid fund or cash fund.
for liquid fund, instruct selling before 9am, can get fund around 3pm the same day during weekdays and can instruct withdrawal, small amount immediate, larger amt like >10k, 6 or 7pm will reach bank account.

If you want to use the fund to do trading, you can use the amount immediately after selling the fund anytime

how to set?

 

[CoffeeDrinker8899]

Liquid fund quite bad performance compared to Cash Fund. I test water already.

Yes I have the same experience. Btw is the liquidity fund considered a sub-fund of the cash fund?

 

[sohguanh]

Yes I have the same experience. Btw is the liquidity fund considered a sub-fund of the cash fund?

I am not sure if it is a sub-fund. I believe it is a special arrangement moomoo have with Fullerton but with the added feature to allow instant withdrawal. This cost can be seen in the higher fund expense ratio. It seems moomoo effort in this instant withdrawal fund is not doing so well compared to Mari Invest Saveplus aka special arrangement fund.

Mutual fund that provide instant withdrawal is quite rare based on my 20+ years investment in them. Only recently I see so I test water with both.

 

[1l92041H]

Previous 5.8% promo. Earliest to remove $50k is after the 60 days is it?

 

[CrashWire]

Previous 5.8% promo. Earliest to remove $50k is after the 60 days is it?

You can remove it any time. There's no lock in.

 

[wenguang]

Liquid fund quite bad performance compared to Cash Fund. I test water already.

Depend on objective, 6.8% promo, can use this. Short term parking for a few days can do also, because same day withdrawal.

 

[wenguang]

how to set?

Under account-fund tab. SmartSave

 

[Ahboy069]

Weekend Fullerton cash fund no count interest?
like that got 3.6%… since one months 8 days no interest

 

[sohguanh]

Weekend Fullerton cash fund no count interest?
like that got 3.6%… since one months 8 days no interest

If you look at the fund transaction details for Mari Invest and moomoo Fullerton (Revenue Details) it seems Tuesday is given for the previous weekend becuz it is alot more than other weekdays.

 

[ekardo]

have..tabulate on Tues..

Weekend Fullerton cash fund no count interest?
like that got 3.6%… since one months 8 days no interest

 

[Crimsom]

What's the withdrawal speed of Fullerton cash fund to my bank account? Say I withdraw before 12pm on a weekday?

Thanks in advance.

 

[wenguang]

What's the withdrawal speed of Fullerton cash fund to my bank account? Say I withdraw before 12pm on a weekday?

Thanks in advance.

if you selling before 12pm on a working day. the next working day 3pm the cash will be withdrawable. And you instruct to withdraw at 3+pm, you will either receive immediately or at 6pm although it stated by next working day.