What's New In Investments, Funds? – Tiger Brokers (Singapore), UOB

Editorial Staff

4 November 2022

Tiger Brokers (Singapore), UOB Asset Management
Online trading platform [tag|Tiger Brokers (Singapore)|]Tiger Brokers (Singapore), the United Fixed Maturity Bond Fund 1 is a three-year investment-grade bond fund that will be exclusively available on Tiger Brokers’ trading app, Tiger Trade App.

This is the first collaboration between Tiger Brokers (Singapore) and UOBAM.

“Amid current interest rate levels and volatile market conditions in an inflationary environment, the fund is positioned to capture rising yields to deliver enhanced returns,” Tiger Brokers (Singapore) said.

Denominated in the Singapore dollar, the fund class available for investors is Class A SGD Dist (Hedged), with a minimum initial subscription of S$1,000, with no subscription fees and zero management fees.

The fund will be open for subscription on 14 November 2022 and will close for subscription on 28 November 2022. This is a close-ended fund that will provide weekly liquidity and regular semi-annual income distribution for investors. A redemption charge of 2 per cent will apply for premature redemption.