facebookMoneyOwl shutting down. How is iFAST Financial Pte Ltd? Worth trying out for novice investor? - Seedly

Advertisement

Alcander Seow

Environmental Engineer Minor in Business at Nanyang Technological University

29 Oct 2023

βˆ™

General Investing

MoneyOwl shutting down. How is iFAST Financial Pte Ltd? Worth trying out for novice investor?

Hi, I intend to try out MoneyOwl's WiserSaver, Dimensional Portfolios. But now, that it is ceasing its activities and 'merging' with iFAST Financial Pte Ltd, I would like to ask if anyone has any experience with this company. Does it have similar products as MoneyOwl's WiseSaver, Dimensional Portfolios and Comprehensive Financial Planning I used to have Free planning to see at my life stage, what policy or investment should be considering. Now that it is gone, I am looking for other available planners, etc.

​

Does anyone have any suggestions or advice? Would be greatly appreciated

Discussion (11)

What are your thoughts?

Learn how to style your text

Hi Alcander,

​

from the comments, If you're keen to invest in dimensional funds, you may consider Endowus fund smart. You will be able to replicate the composition of MoneyOwl dimensional funds in Endowus fund smart as well.

​

However, the fees are something that you have to consider. Fund fees and endowus management fees.

​

View 1 replies

Ivan Guan

01 Nov 2023

Founder at SGMoneyMatters.com

I have an article about the shutting down of MoneyOwl that I thought you might be interested in: https://www.sgmoneymatters.com/moneyowl-close-d...

​

View 1 replies

IFast platform seems to charge quite some fees. You will do better with other online brokerage like ...

Write your thoughts

Advertisement