I think that the under cambered wingtips are supposed to stop the plane from tip stalling, but honestly I don't buy it.
Wings stall because they reach a certain angle of attack at which the airflow over the top of the wing separates from the surface of the wing. The tip of the wing is at the same angle of attack as the rest of it, so it should also stall at the same time as the rest of the wing. Now yes, different airfoils stall at different angles (and the wing tip is effectively a different airfoil), but in this case the top of the airfoil is the important bit, and the top of the airfoil stays consistent across the span of the wing. Therefore the airflow over the top of the airfoil should separate at the same time all across the span of the wing.
Maybe the under cambered tips produce more lift beyond a stall than the flat bottomed part? That would make stalls gentler and I would assume tip stalls would be more forgiving in that case.
Either way, I'd bet that FT does this mostly because it makes wingtips easier to shape, and whatever positive flight characteristics they gain from this seem like a side effect.