Investment fund is a popular strategy for diversifying investment portfolios and potentially enhancing returns. Tiger Trade’s platform simplifies the process of fund investment through an intuitive feature known as “Fund Subscription.” This function allows investors to quickly and efficiently subscribe to a wide range of funds directly through the Tiger Trade app, making fund investment more accessible than ever.
Understanding the Fund Subscription Process
Navigating to the Fund Subscription
To subscribe to a fund on Tiger Trade, you can either navigate through the fund mall or directly search for a specific fund using its name or ISIN. Here’s how you can start:
- Access Funds: Open the Tiger Trade app and select 【Quotes】followed by 【Funds】to enter the homepage of the fund mall.
- Search for a Fund: Alternatively, you can directly search for the fund by its name or ISIN in the provided search bar.
- Enter Fund Details: Once you find the fund you are interested in, tap to enter its details page.
Subscription Process
- Initiate Subscription: On the fund’s detail page, click on 【Subscribe】.
- Enter Purchase Amount: Input the amount you wish to invest in the fund.
- Submit and Confirm: Click on 【Submit Subscription】, then enter your transaction password as prompted to complete the subscription process.
Timing and Execution of Orders
Order Acceptance and Confirmation
The timing of your subscription can affect the processing and completion of your order:
– Orders Before 11 AM (Singapore Time): If you place your order at or before 11 AM on a business day (day T), it will be accepted the same day. The net buying value and shares are confirmed on day T+1 or T+2, with the order completed by day T+4.
– Orders After 11 AM (Singapore Time): Orders placed after 11 AM are accepted on the next business day (day T+1). The confirmation of net buying value and shares will occur on day T+2 or T+3, with completion by day T+5.
Note: It’s important to remember that the confirmation and order completion times can vary with different funds. Furthermore, if an order is placed on a non-business day, there will be a corresponding delay in the processing times.
Conclusion
Tiger Trade’s fund subscription feature streamlines the process of investing in funds, making it straightforward and timely. Whether you are a seasoned investor or a newcomer to the financial markets, this feature provides an efficient way to diversify your investment portfolio through a user-friendly platform. For those looking to start or expand their investment journey, Tiger Brokers offers a robust platform with advanced tools like the fund subscription feature, enabling you to manage your investments with ease and confidence.
