DBS digiportfolio

[revhappy]

I dropped the Asia lvl 4 portfolio. Its current form doesn't look asia, its just 4 singapore etf, 2 china etf and 1 india etf.
Still keeping the global lvl 4 portfolio though.

Since the Asia portfolio is mainly SGX ETF based portfolio, they should have called it as such and included the S&P500 etf already trading in SGX, in it. It would have made more sense.

 

[TehSi99]

Are you referring to asia portfolio?

Global portfolio is in USD. Unless you have USD deposit.
Otherwise, you will need to covert SGD to USD to invest in the Global portfolio. And then from USD to SDG after redeem, if you want to use the money.

 

[revhappy]

I had a look at 1 yr and 2 yr performance of both Asia and global portfolio. It has been horrible. Global portfolio 2 years ago from rock bottom pandemic low is up only 20%. Actually until 2021 Mar global portfolio had returned 40%, but last one year it has been flat so diluting it's previous gains.

Asia has been worse, 1yr return is negative 5%.

This is the worst example of Robo implementation, even an amateur could have setup something very simple and got market related gains and done better than the 2 digiportfolios.

 

[Kojo0403]

I had a look at 1 yr and 2 yr performance of both Asia and global portfolio. It has been horrible. Global portfolio 2 years ago from rock bottom pandemic low is up only 20%. Actually until 2021 Mar global portfolio had returned 40%, but last one year it has been flat so diluting it's previous gains.

Asia has been worse, 1yr return is negative 5%.

This is the worst example of Robo implementation, even an amateur could have setup something very simple and got market related gains and done better than the 2 digiportfolios.

don’t think it’s fair to use 1-2 yr as comparison- in particular to the Asia Portfolio.

One who invest into Asia Portfolio should be aware that it’s Asia focused (and hence china heavy). Unless the investors has strong commitment into Asia over the long term, this should only form part of their investment instead of entire investment.

If you look at their allocation, it’s investment into sti and msci india over last 1-2 yrs actually helped to mitigate the sharp drop in China equities.

 

[compro_1975]

dbs ate 2k of my money after 1 year of investing

can explain more?

 

[sansanjikikut]

I had a look at 1 yr and 2 yr performance of both Asia and global portfolio. It has been horrible. Global portfolio 2 years ago from rock bottom pandemic low is up only 20%. Actually until 2021 Mar global portfolio had returned 40%, but last one year it has been flat so diluting it's previous gains.

Asia has been worse, 1yr return is negative 5%.

This is the worst example of Robo implementation, even an amateur could have setup something very simple and got market related gains and done better than the 2 digiportfolios.

Actually they define it as hybrid with human touch instead of pure robo. So naturally we are expecting more from that 0.8% management fee.

 

[s0crates]

Actually they define it as hybrid with human touch instead of pure robo. So naturally we are expecting more from that 0.8% management fee.

Haha no human touch at all please. I wanted to call them to ask about their services and there wasn't a dedicated email or phone number.

The bank robos are terrible. If anything it's just shocking how people are willing to use them just out of convenience or because of the perceived stability.

 

[revhappy]

Anybody still using this crap?
The slow and steady fell more than their fast and furious.
They have a bunch of amatuers running this portfolio

 

[Some-one]

I've never trust the banks for their fund portfolio. I'll rather choose the funds in ADDX or DIY myself.

 

[dappermen]

everything is in the red hence..........

Anybody still using this crap?
The slow and steady fell more than their fast and furious.
They have a bunch of amatuers running this portfolio

 

[edmwftw]

Avoid all these fees-sucking-blood schemes during recessionary environment. You are much better off with by merely saving up you salary in fixed deposits every month without the risks.

Avoid all scammy ranjiao investment rhetoric about losing cash value due to inflation. Cash is still king. It's always better to have cash than losing it, LOL.

Once you can save more every month with zero debts, not forgetting with pay increments and bonuses, you already totally beat inflation.

Without savings, whatever ranjiao investment schemes is still risky and might make make you worse off not forgetting with constant worry.

 

[jywy2005]

It seems that the funds even though they claim to be actively managed, are getting worst every quarter. The fees are also eroding the meagre returns.

 

[Leaden]

2 more new digiportfolios

unit trust porfolios
saveup portfolio 0.25% - bonds
income portfolio 0.75% - reits, asian equities, bonds

https://www.dbs.com.sg/personal/investments/other-investments/dbs-digiportfolio

 

[Panerex]

Does investing in Digiportfolios add on to the DBS multiplier qualifying categories?

 

[edwinksl]

Does investing in Digiportfolios add on to the DBS multiplier qualifying categories?

Yes it does count towards the 'Investments' category. Check out https://www.dbs.com.sg/personal/deposits/bank-earn/multiplier and scroll down to 'Eligible Transactions & FAQ' and see it for yourself.

 

[revhappy]

It is really sad that the local bloggers are still peddling this crap, instead of warning investors about their poor performance:

https://sgbudgetbabe.com/dbs-digiportfolio-income-saveup-review/

 

[reddevil0728]

It is really sad that the local bloggers are still peddling this crap, instead of warning investors about their poor performance:

https://sgbudgetbabe.com/dbs-digiportfolio-income-saveup-review/

"Disclosure: This post is brought to you by DBS. All opinions are that of my own."

 

[revhappy]

"Disclosure: This post is brought to you by DBS. All opinions are that of my own."

Yes, it just shows the bloggers are disingenious.

 

[edmwing]

It is really sad that the local bloggers are still peddling this crap, instead of warning investors about their poor performance:

https://sgbudgetbabe.com/dbs-digiportfolio-income-saveup-review/

Lol I rmb she used to shoot down other bloggers who mislead readers with paid adverts while she had morals. Afterwards her blogs were littered with such adverts and how she was victimized or fatshamed. I was kinda disgusted and stopped reading her crap long ago. Someone recently mentioned she's now a property agent and doing some i-quadrant 'expose'.. probably more like some collab.

 

[s0crates]

It is really sad that the local bloggers are still peddling this crap, instead of warning investors about their poor performance:

https://sgbudgetbabe.com/dbs-digiportfolio-income-saveup-review/

Roboadvisors are not popular investment tools and the bloggers probably get more money peddling brokerages instead lol

I took a quick look at the income portfolio and cash offering. Damn it sucks. You are buying the same expensive funds from dollardex/ POEMS with trailer fees embedded, and still have to pay DBS a management fee?

The only good thing about these portfolios is that you don't have a RM shoving your products down your throat, or forcing you to leverage to increase your yield.

People who buys DBS digitportfolio products are unfortunately uneducated folks who value convenience over returns/costs. Idk maybe DBS CIO really that powerful that he can manage to bring extra 1-2% returns to justify his higher cost?