Will the Investor Service Fee apply to the investments that are made through MoolahSense’s Auto Allocation service?

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• Will the Investor Service Fee apply to the investments that an investor had successfully made before MoolahSense implemented the fee?

  No. The Investor Servicing Fee will only apply to business loan investments successfully made by investors on and after 11 December 2017 on the platform. 

• When will MoolahSense allocate an investment fund of an Auto Allocation service subscribers for each new campaign?

  The investment fund will be allocated on the same day of campaign launch date for  Auto Allocation service subscribers. ​ If you are a new subscriber to the Auto Allocation service, your investment fund will only be allocated the next business day. ...

• Will MoolahSense still charge the Investor Service Fee if there are no repayments made by the Issuer (SME)?

  The Investor Servicing Fee is only deducted when there is a repayment made by an issuer on their business loans to their investors.

• What is Auto Allocation?

  Auto Allocation service enables all qualified Investors to set their investment preferences and participate in a campaign without having to log in to the platform. Subscribing to this service gives you a unique Auto Allocation contract ID number ...

• How does the Investor Service Fee work?

  Take for instance an investor who had invested in an unsecured business loan investment campaign and the issuer has a repayment of S$1,000. The net amount of repayment that the investor will receive in this case will be S$990 after accounting for an ...