Moomoo Malaysia has announced the launch of Cash Plus, a strategic cash management solution. New users can choose any money market fund in Cash Plus to enjoy the privilege of a 30-day 5% p.a.* guaranteed returns.
This limited-time promotional campaign will run until 31 December, 2024.
Cash Plus offers both yield and flexibility
This cash management account by moomoo gives investors the best of both worlds. You still maintain full liquidity while enjoying the guaranteed 5% returns in the first 30 days.
In addition, investors have access to SmartSave, a cash management tool that allows investors to effortlessly optimize their idle cash. This tool will continuously monitors and allocates unused funds into Cash Plus at the start of each business day. So, investors can be assured that their cash is always working to generate returns, with no manual intervention required.
“By automating this process, we empower investors to capture higher returns while retaining the liquidity they need to act quickly in today’s fast-paced markets. It’s an intelligent solution that anticipates and meets the needs of modern investors,” said Ivan Mok, CEO of Moomoo Malaysia.
Low-risk solution to meet local investors needs
Cash Plus offers a low-risk, flexible solution with real returns while maintaining immediate access to funds. It provides local investors a good balance between security and opportunity to grow their wealth.
“For many investors, the need for stable returns without compromising liquidity is paramount,” Mok explained.
Cash Plus is structured to meet the needs of risk-averse investors with no lock-in period, daily credited returns, and the flexibility to withdraw funds at any time.
Promotion for new users to moomoo
Moomoo Malaysia is offering a limited-time promotional rate of *5% p.a. guaranteed returns for the first 30 days. This exclusive offer, available to new users who deposited the first RM10,000 into *Cash Plus funds between 26 October 2024 to 31 December 2024, provides an attractive opportunity for Malaysians to explore flexible, accessible investing with immediate daily returns.
New users can also enjoy additional tiered rewards based on their deposit amount:
- RM1,000 deposit: RM100 cash rewards
- RM10,000 deposit: *0.5 Apple share
- RM30,000 deposit + Complete 3 trades: *1.5 Apple shares
Start your investment journey online today with iMoney.
*The promotional 5% guarantee returns rate is only available for Cash Plus Funds only, which includes United Money Market Fund-Class R, Maybank Retail Money Market-I Fund and Eastspring Investments Islamic Income Fund-Class R and limited to a subscription of RM10,000. If the new user subscribed for more than RM10,000, the additional amount will follow the fund base rate.
*T&Cs apply. Stock rewards value will fluctuate based on market conditions. Investments involve risk. Full disclaimers at https://www.moomoo.com/my/support/topic9_37.
The post Moomoo Malaysia Launches Cash Plus with 5% Guaranteed Returns* appeared first on iMoney Malaysia.