Q1: What is Tiger Vault?

A1: Tiger Vault is a Tiger Brokers' Cash Management Solution that provides investors yield of up to 2.4% on their idle money. (Yields are based on estimated based on current market environment and may be higher or lower.) The underlying products in Tiger Vault are made up of specially curated Money Market Funds by Tiger Brokers. We didn't stop there. You can even use Tiger Vault as purchasing power to invest in stocks, options, funds and participate in IPO once Auto-Sweep feature is turned on. Wowzy!

 

Q2: Who is Tiger Vault suitable for?

A2: Customers who have spare funds, prefer taking lower risk, sitting out from the bear market or just waiting for that perfect opportunity!

 

Q3: Is Tiger Vault liquid?

A3: Pay for investment with no lag time. You can use Tiger Vault to pay for investment products on our platform without any lag time. Redeem Tiger Vault anytime. There is no lock-in period.

 

Q4: Is Tiger Vault returns guaranteed?

A4: Tiger Vault aims to provide investors with yield that is higher than fixed deposits and savings account. Like all investments, Tiger Vault carries investment risk but as the underlying funds invest in safe assets like fixed deposits and government bonds, the risk of a negative return on any one day is low.

 

Q5: What is Auto-Sweep and how can I make full use of Tiger Vault?

A5: You can opt-into Auto-Sweep feature on Tiger Vault which allows Tiger Brokers to sweep your cash balance into Vault, maximizing your idle money at any point of time. Tiger Vault is also part of your purchasing power. This essentially means that you can also use Vault to invest in any stock, options, funds and participate in IPO. Well, your money shouldn't be sleeping :D

 

Q6: Why can’t I use 100% of my Tiger Vault balance to pay for my investment ?

A6: It is to cater a buffer for NAV fluctuation and foreign currency exchange rate fluctuation (if applicable), thus you can only use 99% of your balance in Tiger Vault to pay for investments.

 

Q7: Can I suspend using Tiger Vault?

A7: Need a break? Manage your Tiger Vault auto-sweep feature and choose from 3 days, 7 days, 10 days or just pause indefinitely and restore whenever you want.

 

Q8: How many funds can I pick for Auto-Sweep?

A8: For auto subscription/redemption, you will need to select 1 fund per currency. Set up your Auto-sweep at Tiger Vault main page.

 

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