Tiger Brokers has just introduced their newest service, Cash Plus, for investors in Singapore to invest their funds in. Could this be a viable avenue for storing your investment war chest monies while waiting to pounce on opportunities in the stock market? I examine it in this article to find out if it’s worth our while.
Simply put, Cash Plus is a cash management service offered by Tiger Brokers, in collaboration with LionGlobal Investors Limited. Your funds will invested into the LionGlobal Managed Reserves Fund, with the aim of providing investors a yield that’s higher than what they might get in their savings account, while still maintaining liquidity for you to use your funds at any time.
This liquidity is useful because if you’re waiting to capitalise on a crash like last year’s – or even a sector-specific correction (such as the ongoing China tech equities crash) – then you’d