Frequently Asked Questions
Cash Plus Account
How are my Total Asset Value (AUC) calculated?
Total Asset Value is calculated based on clients’ credit balance, value of shares and bonds in the Cash Plus Account.
Debit balance will not be deducted from the value of clients’ credit balance, value of shares and bonds to determine Total Asset Value.
Illustration:
1) When a client has S$150,000 in Shares in his Cash Plus Account and S$100,000 credit balance, he will be deemed to have a total asset value of S$250,000.
2) When a client has S$250,000 in credit balance in his Cash Plus Account, he will be deemed to have a total asset value of S$250,000.
3) When a client has S$250,000 in Shares in his Cash Plus Account and S$100,000 debit balance, he will be deemed to have a total asset value of S$250,000.
Other faq that might help you
- Information Sheet
- How are my Total Asset Value (AUC) calculated?
- When will Custody fees be charged?
- How do I know if I am qualified for Dividend Handling Fee (SGX) waiver?
- How do corporate actions affect the brokerage rates and Dividend Handling Fee for my Account?
- Can I buy shares using my CPF or SRS funds?
- Which Accounts are eligible to convert to Cash Plus Account?
- What is the difference between Cash Plus and Cash Management Account?
- What is the minimum age to open a Cash Plus Account?
- What are the financing charges for Cash Plus Account?
- Can I request to remove the standby margin facility in Cash Plus Account?
- How much do I need to fund my Cash Plus Account if want to trade using CPF & SRS?
- Why do I receive margin call notification?
- Can I buy and sell with Cash Plus Account the same day?
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