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DBS unveils investment platform with robo-cum-manager mix
digiPortfolio taps managers previously serving private bank clients and will be rolled out to retail investors by year-end
Claudia Chong
Published Thu, Feb 28, 2019 · 09:50 PM
Singapore
IN a bid to convince customers to overcome their inertia for investing, DBS has launched a platform that combines robo-investment and the expertise of portfolio managers.
Based on their risk appetite and requirements, investors can choose from two portfolios. The Global Portfolio offers a minimum investment amount of S$1,000 and a flat management fee of 0.75 per cent per annum, with access to 700 to 1,000 securities.
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