Tigers' Keywords on Tiger Vault & FMP are....
Hello, everyone! Tiger recently launched 2 products to help you capture the unprecedentedly high interest rates.
Many tigers expressed their opinions on the new products, let's check their keywords on Tiger Vault and Fixed Maturity Bond Fund!
The most-frequent key words are: liquidity, safe, relatively high return and promotions.
To sign up or learn more about the products, you can click:
Untied Fixed Maturity Bond Fund 1
The details of Tigers' views
Tiger Vault
1. @Koolgal: Greatest flexibility Funds never sleep Promotional coupons
Tiger Vault gives me the greatest flexibility that suits my needs. It is seamless and I can invest into my stocks just at a click of a button.
Another big advantage is that my funds never sleep because they are earning interest while waiting for me to trade.
Thirdly, Tiger has made it even more attractive for me to invest in Tiger Vault by promotional coupons. The latest coupon is earning 11% interest for 3 days for the month of November.
2. @ToughCoyote: High interest rate Safe from downside No currency risk
... If I have extra money, I like to use tiger vault. It has a very high interest rate, and is safe from downside and more importantly, there is no currency risk as I can invest in USD or SGP
3. @StarLuck
I will invest my money in tiger vault is the best way to grow my money without reducing my buying power.
4. @MHh: Attractive yield of 3.2% Relatively low risk 11% cashback for 3-day yields
Tiger Vault offers an attractive yield of up to 3.2%, at a relatively low risk. In the current high interest rate environment, there are a few high interest rate saving accounts available but these require the fulfilment of many criteria unlike the Tiger Vault which is relatively hassle free. There is also the flexibility of buying mutual funds in your preferred currency. Moreover, there is now 11% cashback for everyone for 3-day yields, and up to 20% for first time users.
5. @Aqa: Maximum liquidity Promotion of 20% Cashback Won't miss opportunities
Money invested in Tiger Vault has maximum liquidity available to buy stock whenever market opportunities arise. Tiger Vault currently has promotion of 20% Cashback for 3 days to purchase the first mutual fund, in addition to 11% Cashback for 3 days in November 2022. This option is presently the best for Tiger traders
6. @tigjun21: Safe vault Auto-sweep feature 9.9%, 10% and 11% vouchers
Tiger Vault is a safe vault for my idle funds. I choose the Fullerton SGD and USD cash funds to park my Tiger Vault funds. Great thanks to Tiger for the 9.9% (Sep), 10% (Oct), and 11% (Nov) vouchers.
The auto-sweep feature is a perfect add-on, and managing it is simple and efficient.
7. @ kungpao: No lock-period Keep idle cash liquid Follow interest rate trend
I put my idle money in bank savings and just started to test Tiger Vault. Here's why...
First, I don't want to put my idle money in fixed-interest-rate assets with long lock-period. Both bank savings and Tiger Vault has no lock-period. The reason is because market interest rates and prices of fixed-rate bonds move in opposite directions.
When interest rates go up, prices of fixed-rate bonds fall and vise versa. And I think the interest rate trend is still going up. Take a look at this explanation from SEC.
Second, I believe stock market will give me better return. I want to be ready when the market offer me bargains, that's why I want my idle cash as liquid as possible while still generating small interest .
8. @pekss: Attractive Not fixed Ready for opportunites
Tiger Vault is another alternative that appears to be attractive and I’m seriously considering. Tiger Brokers has been dishing out attractive offers that look irresistible and does not tie up my funds in fixed deposits, so that I could deploy them whenever market opportunities arise. For example, I have been increasing my stakes in local banks on price weaknesses.
United Fixed Maturity Bond Fund
1. @Sheng Soon: ZERO management fee; Good way to navigate difficult period; Inverse relationship with rate
In a high interest environment, United Fixed Maturity Fund 1 is a pretty wise option. I'm an avid ETF investor but probably putting all the eggs in one single basket doesn't seem like a logical thing to do.
Besides, the ETFs prices (just like stocks) have been pretty high recently from the Bear Market rally which means the Margin of Safety is getting smaller. Another plus point of this fund is the ZERO management fee. This is something which all funds and ETF can never match. Although the interest hike might not end right away, it's almost a sure bet that the interest rate will gradually reduce next year. Bond has an inverse relationship with interest rate. That being said, picking the United Fixed Maturity Fund 1 will certainly be a good way to navigate through this difficult period. #stayinvested
2. @Koolgal: Attractive 4.95% Dividends paid /6 months Locked in for 3 years
I am also looking at Option 2 - United Fixed Maturity Bond Fund. It will pay an attractive 4.95% for 3 years with dividends paid every 6 months. The only disadvantage is that the funds are locked in for 3 years. Still, if I have spare funds, I may allocate a small portion into Option 2.
3. @MHh: Return up to 4.95%; Higher than current fixed deposits; Low starting capital of $1000
United Fixed Maturity Bond Fund 1 offers investment-grade bonds that are also low-risk. The return is up to 4.95% p.a. This is better than the current available fixed deposits or treasury bills. Dividends are also available 6-monthly.
The main drawback is the 3-year lock-in period. However, the low starting capital of $1000 does make it easily accessible to anyone who has ready cash and wants a chance at potentially higher returns than the other low-risk options available in the market.
4. @bernardtayet: Investment grade bonds Close to 5pc Diversify portfolio
Don't forget Tiger United Fixed Maturity Bond Fund that invest in investment grade bonds, offering close to 5pc if hold to maturity.
How do you view Tiger's new products?
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Keywords
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