Asked on 27 Dec 2019
When it comes to research, what are some of the things that I need to look out for?
The underlying ETFs they are investing in, the amount of fees (whether fully transparent or not), US withholding tax etc
For investing in roboadvisors, you should look at (i) management/expense rate, (ii) the type of asset and region they invest in, (iii) any additional services.
(i) All the fees add up
Ideally you want something that cost less so it doesnt eat into your returns.
(ii) Different portfolios/roboadvisors may invest in different regions
For example, StashAway has a higher focus on the US/Europe whereas DSB Asia Digiportfolio would have focus in ... Asia of course.
(iii) Whether you can use SRS to invest/company provides other benefits
MoneyOwl has a bionic financial advisor component, which explains it's higher than average rates.