Grab’s acquisition of roboadviser Bento Invest earlier this year has materialised in the form of a relatively new feature for the Grab app as the green company everyone loves/hates continues its goal of making the ultimate super-app. Dubbed GrabInvest AutoInvest, the feature has been progressively rolled out to users since mid September. The basic premise is that you get to choose a small amount – either $1, $2, or $5 – to invest each time you use Grab for a ride, food/mart delivery, or paying with your GrabPay Wallet or Card. This amount is invested in low-risk money market and short-term fixed income funds under Fullerton and UOB, and they project non-guaranteed 1.8% p.a. returns. Why I think it’s a pretty good idea Let’s start with the positives: I think it’s a neat idea as it nudges people into investing. I know of people who would never invest – either out of a misconceived perception of risk,...