To The Moon

After the Silicon Valley Bank (SVB) Crash, investors alike have rushed to withdraw their money from the U.S Banks in fear. If you, like these investors are worried about where to park your cash, we might just have the solution for you. Alternative to Bank Deposits Here at Tiger Brokers, Tiger Vault is a cash management solution that provides investors yields of up to 4.54%* on their idle funds. You can select from mutual funds with relatively stable returns, low risk ratings, and high liquidity in the global markets. Is Tiger Vault impacted by the fall of SVB? The funds that we’ve handpicked to be part of Tiger Vault do not have any expo

An interest rate crisis Silicon Valley Bank (SVB), which caters largely to tech startups in the Silicon Valley, has collapsed. This marks the biggest failure of a US bank since 2008.  In less than a week, the share price of SVB Financial Group, the parent company of SVB, plummeted by 62% to $106.04 before a trading halt was implemented.  Now, with the bailout by US government, SVB is effectively worthless.  Here are some insights: Good news for SVB depositors SVB – a bank for tech startups What is the problem with SVB? Did SVB hide these losses? Bank run SVB fallout could mark the start of a systemic banking crisis Good news for SVB depositors Last week was a tense period for SVB depositors, especially for those with deposits that are not FDIC-insured. However, there is s

Fund Mall boasts of a wide range of mutual funds available on our platform, offering investors alike multiple choices to choose from for funds of the same sectors and share classes. So how do you, as an investor, decide on what is the best fund for you to purchase? With our New Fund Comparison, you can now compare across 6 different funds at one go in terms of the performance over: 1 month 3 months 1 year 3 years 5 years Find this new feature under Fund Mall (Quotes > Navigate to Funds through the top menu), and Search for the Comparison Icon. Not sure how to do so? Here’s a quick guide we’ve put together for you! Access and invest in over 1,000 funds distributed by Tiger Brokers. Go to the “Quotes” section on the app and slide the top bar to “Funds” to explore the full suite of

2022 was a difficult environment to navigate. Inflation was a concern coming into this year and the onset of the war in Ukraine added fuel to the fire. What followed was Central banks of western economies, starting with the Feds, introducing a series of rate hikes to cool prices which led to recessionary fears. Amidst all these challenges this year, fixed income which is an effective source of diversification within portfolios has disappointed as they were unable to limit the drawdowns investors were experiencing. Now that we are rounding the bend into 2023, investors would perhaps be wondering what would be in store next year. In the following sections, we will discuss our views on the macro environment going forward and list out the investment opportunities in the marketplace.Chart 1: Eq

The market place have been nothing short of challenging this year. Asset prices have corrected substantially on the back of aggressive rate hikes fired by major Central Banks to quell inflationary pressure – amidst the rate hiking cycle we are in today, recessionary fears have moved to the forefront of the investment world. On this note, we believe that many investor’s portfolio would perhaps be in the red. We have therefore launched the UT Starter Pack on Fund Mall on 8th July 2022 to allow investors of our platform to essentially build a portfolio that consists of four different funds that has been cherry picked to weather the current macroconditions. By investing in the UT Starter Pack, investors will automatically have a portfolio that is geographically diversified and hold exposure t

Market participants have been hoping for a global market recovery in 2H22 but have since been disappointed. Equities and fixed income globally have sold off hard thanks to i) Central Banks’ firing aggressive rate hikes in their quest to quell inflationary pressures, ii) recessionary fears and iii) China’s zero covid policy weighing down on sentiments in Asia. That being said, we are finally seeing some positives amidst a challenging macro environment. Markets as a whole were able to build on the momentum in October, delivering investors some good returns in November. Asset class performance: Both equities and fixed income are in the green. Both global equities and global bonds have managed to avoid a decline in the month of November. Global equities as gauged by the MSCI World Index deliv

Remember in the past, when people didn’t trust banks, nor were there other alternatives to safely park our monies, that we resorted to stashing them in tin cans, under our pillows, and in all sorts of weird places?While that has long become a thing of the past (we hope), we saw that during the Bear market this year, investors were sitting on idle cash in ways akin to stashing them under your pillow.This is why we’ve launched Tiger Vault – our latest cash management solution that will work for investors, both new and old. Make your idle cash work hard for you and earn up to 2.4% p.a. (Yields are estimated based on the cur

The global economic outlook continues to weaken as Central Banks tighten financial conditions in their quest to cool price pressures. Such an environment provides little confidence for market participants which explains the constant re-pricing we have witnessed within the marketplace this year. However, not all is gloom for market participants.Japanese equities are one area we believe market participants can look to despite experiencing a challenging year thus far – on a year-to-date basis, the Nikkei 225 index is down more than 5% at the time of this writing as gleaned from chart 1. In our opinion, factors such as i) positive macro data, ii) divergence in monetary policy, iii) the reopening of the nation’s borders and iv) attractive valuations could potentially uplift the nation’s equitie

Elevated inflationary readings and the Fed’s rate hiking cycle have placed US equities under immense pressure this year. To recap, the Feds introduced the first rate hike of 25bps in March and later imposed a series of more aggressive increases – May saw a 50 bps rate hike, and later 75bps rate increases were imposed in June, July, September, and November. What followed was US equities repricing substantially. Cyclical sectors sold off hard and even so the likes of the technology sector. That being said, the main motivation behind the rout witnessed, in our view, is the fear that a full-blown recession would occur in the world’s largest economy as jumbo-sized rate hikes became a norm – historically, a Fed hiking cycle has led to a recession occurring within a one-to-three-year period. Ther

Bond investments should bepart of your overall portfolio?Comparing to equity, bonds often represent a less volatile investment instruments.Why so?Because Bonds are less likely to fluctuate with the company’s earnings and forecast, and they usually (not all) pays out regular coupons, which is a regular cash flow that investors can expect.Behaviour of Bonds, in araisinginterest rate environment:The coupon of a bond is typically fixed. For example a 3% couponbond,will naturally pay out 3% interest to investors at a regular interval, and at maturity, pay out the face value of $100 as thepprincipalrepayment.In situation where interest rate is raising, for example in today’s environment,the risk-free rate is already around 4%. This means that investors will no longer receive a 3% coupon bond any