- They especially “curate” the funds
Very recently, Endowus, currently the only roboadvisor that lets you invest your CPF, introduced a new platform called Fund Smart. Unlike Cash Smart, this tool aims to let you choose your own funds to customise your portfolio. It is basically like choosing their curated unit trusts and creating a portfolio that you want or just changing the allocation at a non-advised basis.
But why? Isn’t the point of a roboadvisor to set it and forget it?
That was my initial thought too. But I withheld from writing my thoughts and listened to some parts of their webinar on Friday. This is their rationale behind it.