DBS digiPortfolio
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This product is managed by DBS.
Summary
Product Page Transparency
- Claimed in December 2021
DBS digiPortfolio Robo-Advisor Review 2022
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.
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Summary
Product Page Transparency
- Claimed in December 2021
DBS digiPortfolio Robo-Advisor Review 2022
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.
Plans (3)
Income Portfolio
Uts - Equity and Bonds
INSTRUMENTS
0.75%
ANNUAL MANAGEMENT FEE
SGD/USD1,000
MINIMUM INVESTMENT
4% p.a. income payouts
EXPECTED ANNUAL RETURN
Web and Mobile App
PLATFORMS
3.3
35 Reviews
Service Rating
User Experience
Ease of Sign up
Customer Support
High to Low
Posted 04 Jun 2022
Purchased
digiPortfolio SaveUp
It is easy to sign-up, and fees are reasonable. Besides by using the multiplier, it allows me to earn to earn more interest.0
What are your thoughts?Posted 20 May 2022
Purchased
digiPortfolio SaveUp
As a DBS user, i find digiportfolio simple to sign-up, and fees are justified as i have peace of mind. Plus I earn extra interest on Multiplier, and it's easy to consolidate my investments on NAV Planner.0
What are your thoughts?24 Jan 2021
Purchased
digiPortfolio SaveUp
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
What are your thoughts?Tessa Foo
05 Feb 2021
Technology Executive at DBS
Reply
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08 Jul 2020
Purchased
digiPortfolio SaveUp
Great platform to invest, especially if you hold a DBS savings account, there are some promotions. The rebalancing is quite well done. Cons is that the digi is not accessible from the banking App, and if need customer service help have to call their hotline. I prefer Syfe where I can just use their messaging platform to ask questions hassle-free.0
What are your thoughts?15 Jun 2020
Purchased
digiPortfolio SaveUp
[Signup Process] The signup process was really easy (for Asia portfolio). The global portfolio requires a pass in the given checklist to ensure that customers were ready to invest in the global portfolio. Just select your preferred portfolio, amount to invest and your preferred level of risk! [User Experience] For the different levels of risks, DBS created a graph to show projected returns on three scenarios - Strong, Normal and Weak. I have invested for about a week or so and there is about a 2% return. [Customer Support] If you need help, just log in to your ibanking and chat to speak to a live agent. The staff was very patient and helpful to answer all my queries!0
What are your thoughts?21 May 2020
Purchased
digiPortfolio SaveUp
Easy to use and invest in uk listed etfs. E funds were deducted timely to purchase etfs. Hope to see it on mobile app.0
What are your thoughts?Posted 21 Dec 2019
Purchased
digiPortfolio SaveUp
Really easy to set up. From a bank so I would not have to worry about insolvency issue. Returns cant judge for now.0
What are your thoughts?Posted 09 Nov 2019
Purchased
digiPortfolio SaveUp
Easy to invest as existing DBS customer and underlying portfolio was made known. 3 types of risk appetite for investors to choose with variation in equity / bond invested. Unable to amalgamate invested sum at the moment as new portfolio has to be created for each new sum invested. 0.75% management fee is comparable to other platform.0
What are your thoughts?Posted 03 Aug 2021
Purchased
digiPortfolio SaveUp
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?29 Jun 2021
Purchased
digiPortfolio SaveUp
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.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.
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