I set up my OCBC RoboInvest Future World Portfolio last week with the minimum investment amount of US$1,000. I’m going to hold off on setting up the OCBC RoboInvest Gen-Z Winners and China Growth Portfolios until next month just to spread out my investments more over time. Just because I had already met my monthly Dollar-Cost Averaging (DCA) investment amount target for OCBC RoboInvest this month just by setting up the Future World Portfolio.
The user interface is simple and the top-up (additional investment with minimum amount of US$100) process seems straightforward. I noticed that OCBC RoboInvest allows for fractional ownership of the units in the ETFs the Future World Portfolio is invested in. This is important for a DCA investing strategy since it allows for a low minimum top-up amount of US$100 while ensuring it can be used to buy fractional units across all the ETFs in the portfolio if necessary....