Access to the Fund.
After opening a standard account in the Tiger Trade app, open a Fund Mall account and make a deposit to apply for public funds.
Currencies used to apply for funds.
You can purchase funds in its respective currencies – primarily SGD, USD, or HKD. If you have cash in other currencies in your Tiger account, you may perform the currency exchange to purchase the funds in its respective currencies, to not incur currency financing. It takes up to 2 trading days for the currency exchange to settle. Thereafter, you may buy your selected fund on T+2 after the currency exchange is completed.
Rules for the purchase of funds.
If the application is made before 11:00 a.m. Beijing time on T day, the order will be accepted on T day, and generally T+1 will confirm the net value and share on T day (the confirmation time will be different for different funds), and the application will be completed on T+4 day (generally T+4 day, the time for individual funds is different); If the application is made after 11:00 a.m. Beijing time on T day, the order will be accepted on T+1 day, and generally T+2 day will confirm the net value and share on T+1 day, and T+5 day will confirm the net value and share on T+1 day, and T+5 day will confirm the net value and share on T+1 day. If the balance of the fund is less than $1050, the additional amount will be determined by different funds.
The application threshold rule:
Usually starts at $100
Processing time for fund subscriptions and redemptions.
Redemptions before 11:00 a.m. Beijing time on T-Day will be processed on the same day, while those after 11:00 a.m. on T-Day will be processed on T+1 Day.