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DBS digiPortfolio

  • Overview
  • Reviews (26)
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Robo-Advisors/DBS digiPortfolio
Robo-Advisors/DBS digiPortfolio
3.6
26 reviews
claimed

Unclaimed

This product has not been claimed by the company yet.

USER RATINGS

User Experience

4.0

Ease of Sign up

4.8

Customer Support

3.8

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 (26)

3.6

26 Reviews

  • 5
    6
  • 4
    11
  • 3
    5
  • 2
    1
  • 1
    3

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    Most HelpfulMost RecentLow to HighHigh to Low
      Posted 25d ago

      Purchased

      DBS digiPortfolio

      Has a good interface with some limited customisation of both ETF and Fund portfolios. If fees were better I would keep some funds here but as it is fees are way too high to make it worthwhile.

      0

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      Posted 03 Aug 2021

      Purchased

      DBS digiPortfolio

      Easy signup process as a DBS account holder. Information on your investment is available on the phone app, which is a new function as previously was only available on the website. The portfolio is reviewed every quarterly, and the DBS team sends out an email every quarterly too to update on the market situation while making portfolio changes.

      0

      What are your thoughts?

      Reply

      Posted 27 Jul 2021

      Purchased

      DBS digiPortfolio

      Easy sign up if you are already using Digibank. But the withdrawal took much longer than other robo-advisors.

      0

      What are your thoughts?

      Reply

      11 Jul 2021

      Purchased

      DBS digiPortfolio

      easy to sign up and you can monitor your investment with your savings in the same screen via app in the phone. however, cannot access to more information about the portfolio via the app in the mobile phone so there is some inconvenience there.

      0

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      29 Jun 2021

      Purchased

      DBS digiPortfolio

      Easy sign up process if your are a DBS account holder. Information on your investment is also provided on the phone app, which is a new function that was just implemented a few days ago (previously you will have to view details on your investment on the web)! So far the portfolio is reviewed every quarterly, and the DBS team sends out an email every quarterly too to update on the market situation while making portfolio changes. This is a simple DCA method new investors can use if they do not want to dabble too much into stock-picking or doing their own lengthy research. A drawback would be inconsistency in my returns shown via the platform and based on my own calculations, it has been an issue since the start.

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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.

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