Welcome to the Help Center.

Fund Mall Introduction

Fund Mall is a fund trading platform provided by Tiger Brokers. One click to open a fund mall account, you may participate in the public fund investment. Fund Mall has the following advantages:

   - 1. Tiger Brokers selects public funds from world-renowned custodians with a wide range of fund categories, covering money funds, bond funds (investment grade bonds, emerging market bonds, high yield bonds, etc.) and equity funds (U.S. and Asian large-cap stocks, small- and mid-cap stocks, technology stocks, emerging markets, etc.).

   - 2. Convenient trading, you may participate in public fund investment by funding your Tiger account. Clients may buy and sell at any time during the trading day, and view transaction reports and earnings records in real time.

   - 3. Low initial investment requirement and flexible investment. Fund information is complete and transparent.


Fund Buying

How?

After you open your Tiger account, go to Tiger Trade APP > Discover > Fund Mall, select any fund and click Buy to enter the fund mall account opening process. After the account is opened, you may buy a fund with cash.

Currency

The currency used to buy fund is USD. If you have cash in other currencies in your Tiger account, you may perform the currency exchange. It takes 2 days for the currency exchange to settle, therefore, you may buy fund on T+2 after the currency exchange.

Fund Buying Rules

If the fund buy order is made at 11am or before (Singapore time) on day T, the order will be accepted on day T, the confirmation of day T’s net buying value and shares will be made on T+1, and the order will be completed on T+4.

If the fund buy order is made after 11am (Singapore time) on day T+1, the order will be accepted on day T+1, the confirmation of day T+1’s net buying value and shares will be made on T+2, and the order will be completed on T+5.

(Note: The above is the usual situation. The confirmation and order completion time may be different for a few funds.)

Minimum Buying Amount

Usually, the minimum buying amount is USD 100.

(Note: T refers to the Singapore business day. If the order is made on a non-business day, the processing time will be delayed accordingly.)


Regular Savings Plan (RSP)

RSP refers to Tiger's "Regular Savings Plan" whereby clients may automatically buy funds over a set period of time. For example, a client may set his/her RSP to automatically invest 500 USD in a particular fund once per week.


Fund Selling

How?

Go to Tiger Trade APP > Me > Fund Mall Account, click on the fund you want to sell > Sell and submit the sell order

Fund Selling Rules

If the fund sell order is made at 11am or before (Singapore time) on day T, the order will be accepted on day T, the confirmation of day T’s net selling value and shares will be made on T+1, and the order will be completed during T+4 to T+10, at which time the funds will automatically reach the client’s Tiger account.

If the fund sell order is made at 11am or before (Singapore time) on day T, the order will be accepted on day T+1, the confirmation of day T+1’s net selling value and shares will be made on T+2, and the order will be completed during T+5 to T+11, at which time the funds will automatically reach the client’s Tiger account.

(Note: The above is the usual situation. The confirmation and order completion time may be different for a few funds.)

A fund selling must be made after the status of the first fund buy order is "Buy Completed" (T+4 or T+5).

Minimum Holding

If a fund is partially sold and there is still a position in the fund, there is a minimum holding requirement for the fund. Usually, the minimum holding requirement is the same as the minimum buying amount.

Minimum Selling Requirement

There is a minimum selling amount or minimum selling share requirement at the time of selling; the minimum selling requirement varies from fund to fund.

Partial Selling: There are a minimum holding requirement and a minimum selling requirement for the partial selling of a fund; a partial selling needs to meet both requirements.

Full Selling: There is no restriction. However, if the fund position is too small (minimum holding requirement and a minimum selling requirement are not met), the order may be deferred for processing at the time of selling, usually within 1-2 weeks.

(Note: T refers to the Singapore business day. If the order is made on a non-business day, the processing time will be delayed accordingly.)


Notes:

(1) Unsettled funds need to be settled before they are counted into the funds.

(2) Clients who have margin trading or short selling are not allowed to buy or sell the fund.

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