
MoneySmart.sg
2022-04-26 19:23:48
UOBAM Invest Review — Late to the Robo Advisor Game, But Is It Any Good?
Robo advisors are a trendy way to invest without actually having to do much work. Although rather late to the game, UOB’s new product, UOBAM Invest, is one of the few local bank-owned robo advisors in Singapore and is definitely worth looking at.
By the way, there are absolutely heaps of robo advisors in Singapore including plenty of non-bank ones like Syfe, Stashaway and Endowus. If you’re considering this investment approach, we’ve got some advice on using robo advisors for you.
Just deposit your money, select your desired investment portfolio and the robo advisor will take care of the rest.
What is UOBAM Invest?
UOB Asset Management (UOBAM) has jumped into the fray with UOBAM Invest, which is a mobile app designed for retail investors (ie. normal people like you and m