We received our Capital Market Services License (license no. CMS100604) for Fund Management by the Monetary Authority of Singapore in May 2017.
This means we meet the capital, compliance, audit, and reporting requirements from MAS.
As of April 2021, we've raised $61.4 million USD to fund our operations. This money pays our salaries, rent, and bills.
The funds we use for our operations are in a completely separate bank account from your money.
Your money belongs to you, not us. In an unlikely bankruptcy event, any money held in a trust or custodian account can’t be touched.
Your deposits first go to a DBS trust account.
Then, your purchased securities go to a custodian account through Saxo Capital Markets.
Your funds are held by HSBC Hong Kong.