Referral Bonus: 6-10 T-Points for Referrer, 6 T-Points for Referee (1 T-Point Worth $1) @ Tanggram

10

Go to Deal

LLK on 02/05/2022 - 08:18 tanggram.com (197 clicks)
Last edited 02/05/2022 - 17:19 by 1 other user

Long-running Deal:

$6 bonus for the first sign up @ Tanggram

2 options investment:
1. Tanggram Spark - 5.05% pa (min amount $5000)
2. Tanggram Seed - 4.20% pa (min amount $1000)

These rates of return are the maximum potential return that an investor can expect to receive. An investment in the Tanggram Investment Fund (Fund) is not a bank deposit and is subject to greater risk than cash investment products. The rates of return from the Fund are not guaranteed and an investor may lose all or part of the capital invested. All investments are subject to risks, and risks specific to an investment in the Fund are described in the Fund’s product disclosure statement.

Benefit for referees:
6 T-points ($6)

Benefit for referrers:
6-10 T-points ($6-$10)

Mod note: removed investment return rate from title and added disclaimer to description.

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• 

  coolsteps on 02/05/2022 - 08:37

  +1

  what are their fees and risks? any guarantees on capital invested?

• 

  Jimothy Wongingtons on 02/05/2022 - 08:38

  +1

  Mmmm tang

• 

  rheags on 02/05/2022 - 09:16

  +2

  Those funds would want to have spectacular returns given the fees

  Tanggram Spark - 2.22% per year in fees
  Tanggram Seed - 2.51% per year in fees

  But then they list the returns 5.05% and 4.20%, better to buy cheap whole market ETFs for less fees and historically better returns.

  e.g. Vanguard Australian Shares Index, 0.10% fee and 10 year average return 10% pa, so pay 1/22 of the fees for 2x return historically

• 

  wannagrababargain on 02/05/2022 - 11:34

  +3

  Lots of PDS reading to get an idea of fees. Seems to be basically loan funds wrapped in financial products wrapped in managed schemes wrapped in an app, with everyone taking their cut down the line, with a shopping reward scheme thrown in for good measure.

  These are fixed income funds, so share funds are not an equivalent comparison.

  • 

    rheags on 02/05/2022 - 12:02

    +1

    Ah, missed that they were cash.

    Note, the returns are the maximum you could get but you may not get that. From their site:

    These rates of return are the maximum potential return that an investor can expect to receive. An investment in the Tanggram Investment Fund (Fund) is not a bank deposit and is subject to greater risk than cash investment products. The rates of return from the Fund are not guaranteed and an investor may lose all or part of the capital invested. All investments are subject to risks, and risks specific to an investment in the Fund are described in the Fund’s product disclosure statement.

    • 

      Associatedjamwang93 @ Tanggram on 01/06/2022 - 16:16

      Hi, Rheags. By Australian regulations, we are not allowed to use terminologies like 'stable return or stable interest' on our website or app. For your information, both our Tanggram Spark & Seed investment funds have consistently returned 5.05% p.a. & 4.20% p.a. after fees over the last 31 months since inception on 1 Nov 2019. Tanggram Investment Fund managed by Tanggram Capital Pty Ltd is a corporate authorized representative of DHF Investment Managers Pty Ltd AFSL 509932. Consider the PDS on our website before making a decision to invest with Tanggram.

• 

  LLK on 02/05/2022 - 20:03

  So far the rate is kept @ around 4% for Tanggram Seed in the last 6 months