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Anonymous

15 Nov 2020

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Saw some articles about AutoInvest by GrabInvest... Does it function like a robo? Any thoughts on this?

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Jing Wei

15 Nov 2020

No, it does not function like a robo. According to their website, the returns is 1.8%pa (capital NOT guaranteed). This is more like money market fund or cash account. I don’t count Grabinvest as an actual investment. I’m pretty sure Grabinvest does not invest in equities as seen from the low returns.

I will avoid Grabinvest... I use Singlife instead as it offer 2% returns with capital guaranteed under SDIC.

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