Moneybull Puts Your Uninvested Cash to Work
Moneybull is Webull Malaysia’s cash management solution that lets you earn potential returns on uninvested cash while keeping your funds available as instant buying power for Malaysian stock trading.
Your funds are invested in the AHAM Aiiman Enhanced i-Profit Fund (Class B Accumulation), a Shariah-compliant money market fund managed by AHAM Asset Management Bhd. Profit is accrued each business day and reflected automatically in your Moneybull balance.
You can start with RM0.01, with no lock-in period and no subscription or redemption charges from Webull. Moneybull is denominated in MYR, so currency conversion does not apply.
Moneybull Accrues Returns Daily With No Lock-In Period
Moneybull is designed for cash in your Webull account that you are not currently using. Once activated, your funds are placed in the designated money market fund and can earn potential returns while remaining available for Malaysian stock trading.
| Feature | Details |
| Minimum amount | RM0.01 |
| Profit accrual | Each business day |
| Lock-in period | None |
| Subscription fee | RM0 |
| Redemption fee | RM0 |
| Currency | MYR |
| MY stock trading | Instant buying power |
Webull states that Moneybull funds are available as instant buying power for MY stock trading, so you can use eligible funds for Malaysian stock purchases without manually redeeming them first.
Moneybull also has no lock-in period. You can redeem your funds when needed, subject to a maximum of one redemption per day.
Moneybull Invests in the AHAM Aiiman Enhanced i-Profit Fund
Moneybull invests in the AHAM Aiiman Enhanced i-Profit Fund (Class B Accumulation), which is managed by AHAM Asset Management Bhd. Webull describes the fund as a Shariah-compliant money market fund.
The designated money market fund may have a management fee, which is reflected in its Net Asset Value (NAV). Webull does not impose separate subscription or redemption charges for Moneybull.
Moneybull Returns Can Change With the Underlying Fund
Moneybull’s profit is accrued each business day and reflected automatically in your Moneybull balance. However, the indicative profit rate varies with the fund’s 7-day historical yield and may change with market conditions, rather than remaining fixed or guaranteed.
Redeem Moneybull Funds Without a Lock-In Period
Moneybull does not require you to keep your funds invested for a fixed period. You can redeem your funds at any time, although redemptions are limited to once per day.
Redemption transactions are sent to the fund manager at 8.00 am MYT on each business day. Requests made by the cut-off are processed on the same day using the previous day’s NAV. For example, a redemption requested by 8.00 am MYT on Monday uses the NAV from the previous Friday.
Webull Malaysia Account Holders Can Activate Moneybull
You need a Webull Malaysia account before activating Moneybull.
If you don't have an account yet, you can open a Webull Malaysia (MY) account if you're a Malaysian resident or non-resident aged 18 and above.
Once your account is set up, you can deposit funds directly from your Webull MY account and activate Moneybull through the Webull platform. Webull states that funds start earning returns once placed in Moneybull.
Frequently Asked Questions
Is Moneybull a fixed deposit?
No. Moneybull invests your funds in a Shariah-compliant money market fund, with potential returns tied to the underlying fund’s performance rather than a fixed deposit rate.
Can I use Moneybull funds to buy Malaysian stocks?
Yes. Moneybull funds are available as instant buying power for MY stock trading on Webull.
Can I redeem Moneybull funds at any time?
Yes. There is no lock-in period, although redemptions are limited to once per day. Redemption transactions are submitted to the fund manager at 8.00 am MYT on business days.
How much do I need to start Moneybull?
You can start Moneybull with RM0.01.
Does Moneybull charge any fees?
Webull does not charge subscription or redemption fees for Moneybull. The designated money market fund may have a management fee reflected in its NAV.
Is Moneybull available in foreign currencies?
No. Moneybull is denominated in MYR, so currency conversion does not apply to the product.
Can I lose money with Moneybull?
Webull states that the principal and returns are not guaranteed. The indicative profit rate can also change according to the underlying fund’s performance and market conditions.
