Q1: How do I subscribe to Tiger Vault?
A1:
With the Auto-Sweep function: Profile > Tiger Vault > Auto-Sweep > Manage
Without the Auto-Sweep function: Profile > Tiger Vault > Specific Funds > Subscription/Redemption
Q2: How long does it take for my subscription and redemption to be confirmed?
A2: Orders placed before 11am(HK time) on the trading day are usually confirmed on the same day. The time required here is for reference only.
Q3: what is the minimum to invest in Tiger Vault?
A3: USD 1
Q4: Can I cancel my Tiger Vault orders?
A4: Yes, you can cancel any pending subscription orders but you will not be able to cancel any redemption orders. T-day order deadline is 11:00 a.m. HKT on T-day, the orders before this time are in the pending state.
Q5: Can I subscribe to Tiger Vault USD money market funds if I have HKDcash?
A5: No, you can't. Tiger Vault has only launched USD currency funds in the first phase. HKD cash cannot directly subscribe to USD currency funds. You need to exchange into USD first before you can subscribe to USD currency funds. The same applies to the Auto-Sweep, which requires cash in the corresponding currency to "Auto-Buy" the corresponding money market funds.
Q6: Can Tiger Vault USD money market funds be used for Hong Kong stock trading after I open Auto-Sweep?
A6: Not for cash accounts, but for margin accounts. Margin accounts users using the buying power of the Tiger Vault USD money market Fund for Hong Kong stock trading need to manually exchange currency after the USD money market fund redemptions arrive to ensure sufficient cash in Hong Kong dollars to avoid incurring financial interest.