DBS Moves To Fight With Robo-Advisors With Newly Launched DBS digiPortfolio

By Seedly • October 17, 2019

In a bid to compete in Singapore’s up-and-coming robo-advisor scene, DBS launches an ETF based digiPortfolio, making it easy for consumers to invest with portfolios assembled and managed by DBS.

With its’ user-friendly interface, users simply have to log in to DBS’ online banking platform digibank to start investing in their ETF based digital portfolio.

DBS digiPortfolio’a Main Offerings The Asia and Global Portfolios

DBS offers two ETF portfolios for you to invest in. With a minimum investment of S$1,357.40, you can invest in either of the two listed portfolios.

The Asia Portfolio focuses on Singapore listed ETFs, as well as ETFs focused on Asian countries like India and China.

The Global Portfolio focuses on UK listed ETFs, though investors should have some investment experience in order to qualify to invest in the global portfolio.

A caveat for the above scheme would be the 0.75% per annum management fee that

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By Seedly

Launched in 2016, Seedly helps users make smarter financial decisions with its budgeting app which allows its 40,000 users to sync up their financial accounts and better manage their cash-flow. Last year, we introduced a new community feature which allows users to crowdsource knowledge from peers before making a financial decision.

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