Use referral link to receive $25 free cash when start investing at least S$500 into their UOBAM account. Promotion period is from 01 Jan 2023 to 31 December 2023. The UOB will deposit the $25 free cash into your account. Terms and conditions apply.
Note: the referral link above will bring you to google play or apple store on your mobile phone (do not open the link on computer). Once you reached your google play or apple store, simply download the application and create an account username and password, and verify your mobile number and e-mail address.
What is UOB Asset Management?
UOB Asset Management offers individual and institutional investors in Asia a full range of products, from mutual funds and exchange-traded funds to personalized portfolio management services. across all asset classes and geographies.
What is UOB Asset Management Invest?
UOB Asset Management (UOBAM) has entered the race with UOBAM Invest, which is targeted at retail investors.
Their UOBAM Invest online portal was first launched in 2018 for corporate investors, but now, you don’t have to be a business owner or corporate owner to use UOBAM invest.
So how does the UOBAM invest works for me?
Before the UOBAM algorithm can recommend you a portfolio, the application would require you fill out a few forms, which is very similar with most robo advisors out there. The forms simply ask you on your financial goals, investment time horizons and also lastly a risk assessment on yourself.
Using your inputs given in the form, the roboadvisor will suggest you an investment portfolio and you can then tailor according to your risk tolerance level.
Funding your portfolio can be done via PayNow, FAST, or bill payment (if you have a UOB account).
For subsequent portfolio rebalancing, it can occur automatically with a pre defined input from you at the start, and when you’ve reached a certain threshold, the UOBAM invest will inform you.