facebookWhat's the main difference between Robo-investing vs. BCIP plan? Thanks!? - Seedly

Anonymous

18 Apr 2019

General Investing

What's the main difference between Robo-investing vs. BCIP plan? Thanks!?

What I know from the community post is Robo invest in a range of ETF whereas BCIP is like buying into a company shares. Any other difference?

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Gabriel Tham

05 Mar 2019

Tag Team Member at Kenichi Tag Team

So far, the robo advisors in SG will select the ETFs and create a portfolio allocation for you. With BCIP, you will be selecting the stocks yourself.

Robo-advisors may also have algorithmns to rebalance, reallocate the ETFs based on different factors. BCIP is a straightforward structure, what you put in is what you have on hand, whether up or down market, your portfolio doesn't automatically rebalance.

The fees also vary across BCIP, and the different robo advisors.

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