DBS Bank in Singapore has launched its “digiPortfolio” service, which it describes as a hybrid human-robo investment solution.
The portfolio solution combines DBS’ Wealth Management investment strategists’ knowledge with robo technology.
With a minimum investment of SG$1,000 or US$1,000, DBS digiPortfolio gives investors access to a collection of four to seven ETFs representing between 200 and 13,000 holdings in a single transaction.
A flat annual management fee of 0.75 percent is charged in return for the portfolio construction, monitoring and rebalancing services.
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