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DBS digiPortfolio

  • Overview
  • Reviews (20)
  • Questions (0)
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Robo-Advisors/DBS digiPortfolio
Robo-Advisors/DBS digiPortfolio
3.9
20 reviews
claimed

Unclaimed

This product has not been claimed by the company yet.

USER RATINGS

User Experience

4.1

Ease of Sign up

4.7

Customer Support

3.9

DBS digiPortfolio

ETFs

INSTRUMENTS

0.75%

ANNUAL MANAGEMENT FEE

$1000 to $1357.40

MINIMUM INVESTMENT

N/A

EXPECTED ANNUAL RETURN

Web and Mobile App

PLATFORMS

DBS digiPortfolio

ETFs

INSTRUMENTS

0.75%

ANNUAL MANAGEMENT FEE

$1000 to $1357.40

MINIMUM INVESTMENT

N/A

EXPECTED ANNUAL RETURN

Web and Mobile App

PLATFORMS

Details

DBS digiPortfolio Robo-Advisor Review 2021

digiPortfolio is a ready-made investment portfolio that combines human expertise and robo-technology into one to grow and protect your wealth.

There are 2 types of portfolios available for you to choose from namely, Asia portfolio and the Global Portfolio. Then, pick a comfortable risk level that allows the digiPortfolio to allocate your assets accordingly.

The fees and charges to invest with DBS digiPortfolio is 0.75% AUM for all amounts of investment and you need a minimum investment amount of S$1,000 or US$1,000 depending on your portfolio.

Read More about DBS digiPortfolio
Reviews (20)

3.9

20 Reviews

  • 5
    7
  • 4
    8
  • 3
    2
  • 2
    1
  • 1
    2

Read Review About...

    Most HelpfulMost RecentLow to HighHigh to Low
      Updated on 06 May 2021

      Purchased

      DBS digiPortfolio

      [Onboarding Experience] Easy for Singaporeans to set up and add funds to invest. You need to create DBS Multiplier Account to add the funds to digiPortfolio. Remember to have 3k in your Multiplier Account to avoid the fall-below fee. [Investment Method] A robo-advisor with managers monitoring as well so I don't have to pay much attention. Since DBS is a bank known to many, I have a high level of trust in them.

      0

      Post

      Updated on 04 May 2021

      Purchased

      DBS digiPortfolio

      I'm so confused by the other reviews here, because I invested the minimum just to try it out and topped up monthly along the way, but am not making profits or loss? it's as if I were just working with whatever I had put in i.e. even if there were gains, the profit is not compounded. When there's a loss, the percentage decrease is tagged to the amount of money I put in and not incl. of any gain which should have been also part of what's invested. I'm not even sure if there's compound interest for this. I'm just treating it as a regular savings account now.

      0

      Post

      Updated on 28 Mar 2021

      Purchased

      DBS digiPortfolio

      [User Experience] + [Onboarding Experience] The entire process was straightforward as you are able to manage your finances/perform banking needs/open an investment portfolio all in 1 place. It was easy to navigate around and understand how your investments were performing. [Returns Rate] Not really attracted to the return rates as it is quite similar to buying a world index ETF (sometimes even lower due to the quarterly re-balancing). Could definitely help a beginner investor start his/her investing journey but those with more financial knowledge might want to look for better alternatives.

      0

      Post

      Updated on 24 Jan 2021

      Purchased

      DBS digiPortfolio

      Very easy to sign up if you are an existing POSB / DBS and uses the DBS i-banking. Just a few click of the button, read some agreement / do an easy risk test and voila it's done. Only two portfolios to choose from - Asia & Global. From each, there's Level 2 (Being the lowest risk ) to Level 4.(Highest risk but highest return ) Personally I choose the Level 4. Not sure how other robo-advisors perform but been using this since 5th Jan 2021 and see a very good profit return of 3.75% as of time of writing this review.

      1

      Tessa Foo

      Tessa Foo

      05 Feb 2021

      Which portfolio did you choose?

      Post

      Updated on 27 Dec 2020

      Purchased

      DBS digiPortfolio

      Been using Asia portfolio comfy cruising and I have profit about 3.5% so far! Earnings are good and I plan to invest in Global portfolio as well. It will be great if I can do investment on the phone app as well just like other Robo-advisors. Also, it will be easier for investors if SGD is automatically converted to USD for the global portfolio.

      0

      Post

    Questions (0)
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      Features of DBS digiPortfolio

      • Management Fees / Platform Fees/ Advisor Fees: 0.75% of AUM p.a. (Portfolio Management Fee) for all amounts of investment
      • Minimum Investment Amount: S$1,000 or US$1,000
      • Methodology: Hybrid investing combining expertise from DBS private banking and robo-technology for a cost-effective way to grow and protect your wealth through regional or global diversification.
      • Investment Portfolios: Global and Asia portfolio. Invest according to different risk profiles
      • To invest in DBS digiPortfolio, you will need a Multi-Currency account.

      Portfolios in DBS digiPortfolio

      digiPortfolio is a ready-made investment portfolio that combines human expertise and robo-technology into one to grow and protect your wealth.

      There are 2 types of portfolios available:

      Asia Portfolio

      • Currency: SGD
      • Geographic focus: Asia with Singapore focus
      • Underlying: SG listed ETFs
      • EIP/SIP: Excluded Investment Products (EIP)
      • Investment experience criteria: No pre-qualification necessary
      • Minimum Investment: S$1,000
      • Ideal for: "Invest, sleep, Repeat" Investors

      Global Portfolio

      • Currency: USD
      • Geographic focus: Global
      • Underlying: UK listed ETFs
      • EIP/SIP: Specific Investment Products (SIP)
      • Investment experience criteria: Customer must pass Customer Account Review
      • Minimum Investment: US$1,000
      • Ideal for: Investors who are willing to take USD exposure and hopes to diversify globally

      After choosing your preferred portfolio, you have to decide your choice of risk level.

      • Risk Level 2: Slow 'n Steady - Invests primarily in fixed-income instruments to provide stability to the portfolio while taking advantage of the growth potential of equities
      • Risk Level 3: Comfort Cruisin' - Evenly diversifies between equities and fixed-income assets in order to take advantage of market opportunities while maintaining stability in the portfolio
      • Risk Level 4: Fast n' Furious - Favours equities as opposed to fixed-income instruments. Higher allocation to equities may result in higher volatility and potential losses, but is often used to achieve higher potential returns

      How does DBS digiPortfolio invest?

      DBS digiPortfolio has an Investment Team that consists of:

      • Discretionary Portfolio Management Team - Focuses on construction and management
        - Selects the best funds from DBS' platform
        - Optimises risk and return trade-off
        - Constructs resilient portfolios
        - Monitors the markets and rebalances the portfolios when necessary
      • Chief Investment Office - Focuses on strategizing
        - Top-down evaluation of macroeconomic and investment environment
        - Provides strategic and tactical asset allocation views

      The aim is to achieve a return over 3 to 5 years while managing price fluctuations (risk) in the market.

      Fees and Charges for DBS digiPortfolio

      DBS digiPortfolio charges a small, flat management fee of 0.75% to curate and manage the portfolios. As with all other robo-advisors, any relevant SGX Clearing/Trading Fees and Dividends Handling Fees and GST are still applicable

      Contact DBS digiPortfolio

      • Visit DBS digiPortfolio's website for more information on the fees, and how to start your digiPortfolio with DBS
      • Tel: 1800 111 1111

      Operations

      DBS Bank Ltd (Co. Reg. No. 196800306E)

      Contact us at [email protected] should you require any assistance or spot any inaccuracies.