moomoo Cash Plus Promotion: Free $60 Cashback with only $100 deposit into moomoo Cash Plus Unit Trust

moomo cash plus promotion
Follow our Instagram or Telegram for latest deals: https://t.me/allsgpromo

moomoo Cash Plus Promotion: Free $60 Cashback with only $100 deposit into moomoo Cash Plus Unit Trust 

Check out the new moomoo Cash Plus promotion for new funds investment!

NDP Cash Plus

For a limited time only, new clients who invest only S$100 or more into moomoo Cash Plus will be able to receive a total of S$60 cash back across 30 days.  $2 cashback will be deposited daily for a total of 30 days (total cashback amount if $60) after you put S$100 into Cash Plus. 

Considering just the cashback, this promotion represents an effective return of 60% in 30 days! The moomoo cash plus promotion is valid till 31st August 2022. Sign up for an account here!

moomoo promotion

If you do not have a moomoo account yet, sign up using our exclusive referral link – to enjoy up to 1 FREE Amazon Stock (worth ~$150 SGD) + SGD 40 Stock/Fund Coupon + AllSGPromo-exclusive $50 Cash Coupon.  Only new users who sign up using our moomoo referral link will get to enjoy the extra $50 cash coupon promotion.

View our coverage on moomoo promotion for full details. 

About moomoo Cash Plus  

What is moomoo Cash Plus? 

Cash Plus is where you will find money market fund products on the moomoo platform. Cash Plus aims to preserve principal value and maintain a high degree of liquidity while producing return. You are able to choose from Money Market Funds (1 SGD and 1 USD) on moomoo.

Why invest in moomoo Cash Plus?

Lower Risks
Relatively lower risk investment product as compared to most mutual funds.

No negative monthly return to date.

Zero Fees
Subscription and redemption fees are 0.

Lower Minimum Investment
Start investing from as low as S$0.01 with relatively stable returns.

Earn 1.6%^ p.a. with your Idle Cash
Higher than most bank’s interest rates (0.25%).

Haven’t signed up with moomoo yet? Sign up with our exclusive moomoo referral link to enjoy up to 1 FREE Amazon stock + SGD 40 Stock/Fund Coupon + AllSGPromo-exclusive $50 Cash Coupon. View our coverage on moomoo promotion for full details. 

 

moomoo Cash Plus Promotion: Frequently Asked Questions and Answers

Q1: Is Cash Plus a unit trust?
A1: Yes.

Q2: What are the average returns compared to fixed deposits in Singapore?
A2: It provide investors with liquidity and return that is competetive with that of SGD Fix deposit. And you can better know it from the Fact Sheet on the Summary tab on Fullerton SGD Cash Fund’s Detailed Quotes page.

Q3: Is Cash Plus easily liquid?
A3: Yes. You can subscribe to Cash Plus and redeem it anytime you like. You may withdraw the funds and deposit the cash into your bank account, or make new investments. After redeeming your funds in Cash Plus, you can also instantly trade stocks or subscribe to IPOs without margin interests.

Q4: Is cash management fund capital-protected? What are the potential risks involved? What is the investment target of this fund? What can we do to know more?
A4: The primary investment objective of cash management fund is to achieve return that is comparable to SGD Saving Deposits rate, but strictly speaking, it does have a chance to have a negative return on a single day in some extreme cases.

Transaction Fees

Q1:Are there any subscription or redemption fees, or interest charged?
A1:There isno transaction fee or interest charged.

Q2:Does the 7-day yield shown in the app account for the deduction of fees?
A2: Yes. The rate of return shown isthenet rate of return after deducting allfees.

Subscription Process

Q1: How do I subscribe to Cash Plus?
A1: Navigate tothe Fullerton SGD Cash Fund’s Detailed Quotes page andtapon the Subscribe button.

Q2: How do I redeem my shares in Cash Plus?
A2: Navigate to the Universal Account page, tap on Fullerton SGD Cash Fund on Funds list and tap on the Redeem button.

More Details about Cash Plus

Q1: How long must I invest in Cash Plus in order to earn returns?
A1: You can enjoy returns as soon as your subscription is confirmed. You may check the returns on the “Poistion Details” page.

Q2: How long does it take for my subscription to be confirmed?
A2: Please check the progress of your subscription by viewing the progress bar under “Trading Rules” on the Fullerton SGD Cash Fund’s “Detailed Quotes” page.

Q3: How long does it take for me to get back my cash after redeeming my shares in Cash Plus?
A3: When you submit a redemption application for your shares in Cash Plus, your purchasing power will be restored immediately in the moomoo app. This means you will be able to buy shares or subscribe to IPOs immediately as well.
During checkout, the system will automatically take into account your total assets after redemption and calculate the balance that you will need to pay in cash. Please note that there will be no financing interest for such trades.
You may also check the progress of your redemption byviewing the progress bar under “Trading Rules” on the Fullerton SGD Cash Fund’s “Detailed Quotes” page.
 
Q4: Is $Fullerton SGD Cash Fund(SG9999005961.MF)$only available in SGD?
A4: Yes. We are constantly improving our product offerings to provide you the best investment experience. Please look out for USD and HKD cash management funds in future.
Q5: Is $Fullerton SGD Cash Fund(SG9999005961.MF)$he only cashmanagementfund available?
A5: Yes. We are constantly improving our product offerings to provide you the best investment experience. Please look out for other cash management funds in future.
Haven’t signed up with moomoo yet? Sign up with our exclusive moomoo referral link to enjoy up to 1 FREE Amazon stock + SGD 40 Stock/Fund Coupon + AllSGPromo-exclusive $50 Cash Coupon. View our coverage on moomoo promotion for full details. 

 

 

Also: You might also be interested in our complete guide to Buffet Promotion, Dim Sum Promotion, Birthday Promotion, Credit Card Promo, Cruise Promotion in Singapore.

Related: You might also be interested in our Staycation Deals Singapore, Warehouse Sales for October 2022