It's a Canadian song. It's mentioned in this pdf doc by Moncton University. Here you have some notes about the meaning of some words/phrases. This song has been recorded in 1955 and by that time nobody in France would use the English word "fun" -now we do. Besides, "moi" (I, me) pronounced "moé"(mweh) is nowadays only used in Canada in colloquial speech AFAIK. It's the old pronunciation (11th to late 16th century) of the diphthong "oi" that has been pronounced /wa/ since that time. Louis the 14th was announced as "Le roé!" (kind of "rweh" with a rolled "r").
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