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Ratings Breakdown (20)
4.8
- 516
- 44
- 30
- 20
- 10
| Operations | With VCG Partners (external fund manager) |
|---|---|
| Methodology | Modern Portfolio Theory (MPT), a mix of equity and bond ETFs |
| Fees | Between 1% to 0.5% of total invested per year |
| Minimum | No Minimum to start |
More about Smartly
Reviews (20)
Q&A (24)
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- Fredng1 Reviews, 0 UpvotesReviewed on 31 Aug 2018Smartly has been great for me so far. Easy to get into. I've set up auto-investment of $200 a month for many months now, nothing fanciful but the returns have been pretty good.Comments (3)00Share this
- Gabriel Lee11 Reviews, 519 UpvotesUpdated on 30 Apr 2018Knew about Smartly through Facebook advertisements and that was when I first heard of robo advisors. They captured my attention through their tagline "Anyone can be an investor". Although sceptical at first, I decided to try it since there was only a minimum of $50 required. The sign up process was smooth and quick, my account got verified about a day later. Deposited $50 and currently monitoring the progress. Hope that they will come up with a mobile application like StashAway soon so that I can monitor my investment easily on the go.Comments (0)10Share this
- Kristjan Kangro1 Reviews, 1 UpvotesReviewed on 28 Mar 2018Smartly is so much easier as other robo equity advisors in Singapore. Thumbs up! I have been a client since 2017 October. Kristjan KangroComments (0)10Share this
- Kean Chiow Jia Keong1 Reviews, 1 UpvotesReviewed on 20 Mar 2018I have been a smartly customer since September 2017 and very satisfied so far. I have originally put in a lump sum and now also set up a recurring transfer because I get 25% more off the fees for this. Also my portfolio grows faster as I spend less.Comments (0)10Share this
- Junior Tan1 Reviews, 1 UpvotesReviewed on 14 Mar 2018I signed up and was validated on same day. Next day I sent funds and they were invested on same day. So far no complaints. Understand app is also coming soon.Comments (0)10Share this
- Seraphine Kwok1 Reviews, 1 UpvotesReviewed on 13 Mar 2018Pros: Fast set-up and alot of information given about portfolios, where exactly my money will go etc. Free to withdraw any time Fractional shares Cons: Could give choice of changing some ETF-s in portfolio. But I guess this would be more for traders.Comments (0)10Share this
- Wing Keong1 Reviews, 1 UpvotesReviewed on 13 Mar 2018Very simple and clean interface, easy to sign up. Using since February and set an autodeposit. Funds have always been invested on the same day!Comments (0)10Share this
- Joel Boey1 Reviews, 1 UpvotesReviewed on 13 Mar 2018Been using since November and I’m pleased with the returns and experience so far. Prompt reply on my enquiry too!Comments (0)10Share this
- Mandino Tan2 Reviews, 3 UpvotesUpdated on 24 Jan 2018I use both StashAway and Smartly for about half a year. I got 6.6% on Smartly, 10/10 risk and 2.7% on StashAway, highest-risk portfolio. I have experienced automated rebalancing on both platforms and really happy with it. I guess the difference with the returns is with their investing method Modern Portfolio Theory (Smartly) vs Economic Regime-based Asset Allocation (StashAway). Just got into the working world, and these 2 are my first few investments. Can't wait to see future results!Comments (3)21Share this
- Jin Ah1 Reviews, 2 UpvotesUpdated on 16 Jan 2018Overall Review: I am extremely satisfied with Smartly. As a mid-20's professional looking for an easy way to invest safely without going through the overly complicated, fee driven banking systems, this has been my ideal go-to solution. There are no hidden fees, there is no complicated requirements which makes things really easy to trust. Basically, Smartly delivers on what it promises, lower fees than banks - same product with more transparency. Start Date: 11/2017 - Risk Profile of 5/10 with return of ~.8% Set Up: Super simple UI and UX - takes less than 5 minutes to create profile and very fast identification verification within 1-2 days Speed: From depositing funds via bank transfer to investing takes about ~3 days. 1. You get a fast SMS notification of funds received 2. 2-3 days later those funds are deposited. Support: Feedback on product is taken very seriously - the team will implement simple changes within days which was really cool!Comments (0)20Share this
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About Smartly
Smartly started in the year 2015 by ex start-up professional, Keir Veskivali and investment analyst, Artur Luhaar. It is a service in collaboration with VCG Partners Pte ltd.
Method of investing for Smartly
Smartly adopts a Modern Portfolio Theory (MPT) consisting of ETFs.
This allows their portfolio to capture the global stock markets. Investing in Smartly also gives investor an exposure to bonds and real estate.
Minimum investment and fees for Smartly
Smartly allows investors to open an account with an investment of just S$50 per month.
They also charge investors a fee of 0.5% to 1% per year, on top of the underlying ETF fees incurred by the ETF providers. The underlying fees by these providers is about 0.1% to 0.25% per year.
- For investments less than S$10,000, there is a fee of 1% per year.
- For investments over S$10,000, the fee is at 0.7% per year.
- For investments above S$100,000, the fee is at 0.5% per year.
