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digiPortfolio on digiBank
At a Glance
Easy to start
You can start a portfolio with just SGD/USD 1,000. Yes, that’s not a typo.
No lock-in period
Enjoy the flexibility to withdraw your investment anytime without penalty. Your money is never tied down with digiPortfolio.
Leave it to our experts
Our Investment Team does the monitoring for you, so you can spend time with family and people who matter. With their deep expertise, your money is in really good hands.
You're safe with DBS
Investing in digiPorfolio is investing directly with POSB. And we ensure you have full transparency of your holdings and portfolio performance, just to put your mind at ease
What is digiPortfolio?
digiPortfolio is a hassle-free, ready-made investment portfolio that offers the perfect match of human expertise and robo-technology. With it, you have an instant, cost-effective way to grow and protect your family’s hard-earned wealth through regional or global diversification.
Built by human expertiseTo create a product unlike others in the market, we tapped our elite team of portfolio managers, whose expertise was previously accessible only to investment sums of S$500,000 and above.
Besides carefully selecting exchange traded funds (ETFs) to create quality portfolios, the team monitors the market regularly, aligning digiPortfolio with our Chief Investment Office’s views to ensure optimal asset allocation and portfolio resilience, and initiating rebalancing whenever necessary.
Powered by robo-technologyNothing beats the speed of technology. So we use it to your advantage. digiPortfolio is coded to automate processes such as back-testing, rebalancing and monitoring. In doing so, we can deliver scale and efficiency, while giving every investor full transparency of trade activities.
Let us do the work for you
Invest, sleep, repeat. Investing should be that easy.
digiPortfolio is designed for you if you:
- Want to invest simply and confidently
- Don't have time to watch the market
- Want experts to nurture your investment
- Want a quick and easy way to diversify regionally or globally
- Want to supplement other investments as part of your long-term strategy
One small fee. Nothing more.
We removed all sales charges, platform fees and switching fees. So all you pay is one small, flat management fee of 0.75% p.a. for the team’s experience and efforts to curate and manage the portfolios.
What portfolios can I choose from?
There are currently two portfolios available:
How are the portfolios constructed and managed?
How to get started
Buy, Withdraw, Top-Up and Close portfolios
Simply login to digiBank online and access ‘digiPortfolio’ via the ‘Invest’ tab in the top navigation bar.
- Select the portfolio you wish to invest in.
- Indicate your preferred risk level and funding account, funding currency and amount.
- Then confirm your decision after checking that your order details are correct.
You will need a Multi-Currency Account with sufficient SGD or USD to complete your transaction.
I already have a DBS / POSB account? Why do I need to open a Multi-Currency Account to invest in digiPortfolio?
As digiPortfolios may be purchased in two currencies, SGD and USD, a Multi-Currency Account is required to ensure seamless transactions when opening or closing a portfolio. Any one of the following Multi-Currency Accounts may be used as the funding account for investing in digiPortfolio: eMulti-Currency Autosave (eMCA), eMulti-Currency Autosave Plus (EMCA+), Multi-Currency Autosave Plus and Multiplier account.
The funding accounts currently accepted are individual accounts.
The fall below fee for the MCA account will be waived for accounts that were opened specifically to fund your digiPortfolio.
You will need to top up your SGD or USD wallet in your Multi-Currency Account by transferring in monies from your Savings or Current Account. This can be done instantly via digiBank online.
No. Currently, digiPortfolio is not included in the list of investment products for which CPF or SRS funds can be used. We will provide an update if digiPortfolio becomes included.
Will my investment in an ETF-based digiPortfolio be counted towards the investment category of my Multiplier account?
There are different digiPortfolios available on iWealth and digiBank. As the iWealth digiPortfolios (Unit Trust-based) were launched earlier, they have been linked to Multiplier and recognised as an investment component. We are currently working to link digiBank digiPortfolios (ETF-based) to DBS Multiplier and will provide updates in due course when this is ready.
Details of the underlying ETFs in each portfolio are available in the Portfolio Details page in digiBank online. You will be able to view the fund prospectuses and fact sheets. In addition, there are short commentaries from the DBS Investment Team on the reasons for including each ETF in the portfolio.
Management fees are debited once a year. In the event that you close your portfolio, the applicable fees will be debited prior to closure.
No statements will be sent. But updated details of your portfolio transactions, holdings and performance are always available on demand in digiBank online®.
Simply log in to digiBank online to view details of your digiPortfolio and holdings.
No, unfortunately partial withdrawals or top-ups are not available at this time. If you would like to increase your investment you can open additional portfolios at the prevailing minimum sums, i.e. SGD or USD $1,000. If you would like to reduce your investment you will need to close your portfolio. However, depending on the market price at the time of closure, you may receive less than what you originally invested.
After logging into digiBank online, select the digiPortfolio you wish to close and submit your closure request. If you have multiple digiPortfolios you will need to repeat this process for each one. The holdings in the selected digiPortfolio will be sold with the proceeds returned to your Multi-Currency Account. This selling process will take several days.
No, once the closure request is submitted all the holdings in the digiPortfolio will be sold and the proceeds returned to your Multi-Currency Account. If you wish to remain invested in specific ETFs, you will need to purchase them individually via the DBS Online Funds Investment platform or via a regular savings plan through Invest-Saver.
There are several possible reasons why you are unable to purchase a digiPortfolio.
- There are insufficient funds in your Multi-Currency Account
- You have not passed the Customer Account Review (CAR) that is required for purchasing the Global Portfolio. (No pre-qualification is necessary to purchase the Asia Portfolio.)
- You are Treasures customer using the iWealth platform instead of the digiBank platform. On iWealth, unit trust-based digiPortfolios have already been available since Mar 2019. Our team is working to avail the ETF-based digiPortfolios on iWealth by early 2020.
digiPortfolio Management Fees
Calculation of Management Fees:
|Portfolio Type||Asia Portfolio (0.75% p.a.)||Global Portfolio (0.75% p.a.)|
|Management Fee||SGD $7.50 a year for a portfolio value of SGD $1,000||USD $7.50 a year for a portfolio value of USD $1,000|
There is only one fee.
Based on the portfolio value, the annual management fee is at 0.75% p.a. for both the Asia Portfolio and Global Portfolio. There are no other sales charges, platform fees, switching fees, withdrawal fees or closure fees.)
This management fee goes towards the research, investment strategy, market monitoring and rebalancing of the digiPortfolio and is charged once a year, or at the time of portfolio closure.
digiPortfolio Investment Strategy
digiPortfolio’s objective is to achieve a return befitting the respective mandate over an investment cycle of 3 – 5 years while managing the price fluctuation (risk) because of the market.
To achieve this, our strategy is to invest in a portfolio of exchange traded funds across asset classes including fixed income (bonds) and equity. Bonds provide steady income streams and equities provide capital growth. For any specific mandate, we will adjust the weights in either bonds or equities depending on our view on the market. We form this view together with our Chief Investment Officer (CIO) team – a dedicated team of analysts that form macro strategy. For example, in the Comfy Cruisin’ Portfolio that is initially 45% invested in bonds funds, 50% in equities funds and 5% in cash, we would increase the weight in equities and decrease the weight in bonds if we believed that equities would outperform bonds over a certain period of time. Our adjustments are calibrated and not excessive.
The DBS Investment Team undertakes prudent risk management to guard against excessive risk in the portfolios. Our portfolio specialists consider acceptable price fluctuations to achieve certain returns.
Risk management also mitigates downside risks if our projections do not work out as we may have intended. For example, if we took an outsized investment in equities and it corrected heavily, it would cause undue stress to the portfolio. Having risk management standards and practices in place provides safeguards in the decision-making process.
To make the portfolio effective, the portfolios are reviewed quarterly and rebalanced when necessary.
Regular rebalancing enables the portfolios to remain resilient no matter how the market moves.
We believe that one should take a long-term view when investing to enjoy the benefit of compounded returns. Staying focused on long term targets will help investors overcome the anxieties caused by short term market volatility. A good guide is an investment cycle of 5 years.
Compounding generates additional gains by staying invested. In the illustration below, based on an initial investment amount of $10,000, a 6% annual return reaps $3,000 over 5 years if the investor withdraws the gains every year. If the investor did not withdraw the gains and stayed fully invested, the profit after 5 years would be $3,382 instead or $382 more.
Short term investing requires good skill and timing to achieve success. However, this is difficult to execute during periods of volatility. The chart below is the MSCI World Index from 2013 to 2017. Suppose an investor started investing in 2013, he would have made some profit before meeting the rough patch in 2015. He may then decide to sell his investments to avoid further volatility. He may even wait a while before returning to the market. This may have meant missing out on the rally that proceeded in 2017. If he had stayed fully invested during the whole period, he could have benefited from the full 58% gain.
digiPortfolio vs Robo-Advisors
Many robo-advisors in Singapore are stand-alone fintech companies with limited market capital, or part of the brokerage platforms of banks, which are separate from the full suite of banking products and services.
digiPortfolio is created and delivered by the Safest Bank in Asia and Best Digital Bank Globally. View Awards & Accolades.
DBS Bank also enjoys the highest credit ratings from the three top credit rating agencies in the world. digiPortfolio’s investment process is completely integrated into the bank’s secure systems so you have peace of mind knowing you are not being redirected to a third-party platform to transact. This also affords greater convenience as your internet banking login details are the only credentials needed to start investing
Robo-advisors are digital platforms driven by algorithms that provide automated financial planning services with little or no human supervision. A typical robo-advisor collects information from clients through an online survey, and then uses the data to offer advice and/or automatically invest client assets.
In all other jurisdictions where the DBS/POSB iBanking website(s) is/are accessible by its residents or entities, it is intended for use by corporate, institutional, professional, wholesale and other qualified investors in accordance with the laws and regulations of such jurisdictions.
The material and information contained herein is for general circulation only and does not have regard to specific objectives, financial situation and particular needs of any specific investor individual and/or entity (collectively referred to as investor), wherever situated. The material and information contained herein does not constitute an offer, invitation, recommendation or solicitation of any action based upon it and should not be viewed as identifying or suggesting all risks, direct or indirect, that may be associated with any investment decision. Prospective investors should seek advice from a financial adviser regarding the suitability of the product before making a commitment to purchase the product. In the event that the prospective investor chooses not to seek such advice, he/she/they should carefully consider whether an investment in the said securities is suitable for them in light of their own circumstances, financial resources and entire investment programme.