Are you looking for a new way to invest your money? Consider reading into this SquirrelSave Review Singapore to learn more about SquirrelSave, the innovative AI-driven investment platform based in Singapore. With SquirrelSave, you can start investing with as little as S$1 and benefit from personalized risk-managed investment portfolios in real-time.
SquirrelSave is the first phase execution of PIVOT Fintech, a Singapore-based technology company regulated by the Monetary Authority of Singapore. The platform is backed by Nasdaq-listed Pintech Technology Holdings and Pacific Century, two reputable names in the financial industry. SquirrelSave offers a low minimum investment amount and manages and rebalances your investment portfolio automatically to target higher predicted returns matched to your chosen risk level.
Key Takeaways
- SquirrelSave is an innovative AI-driven investment platform based in Singapore.
- The platform is backed by reputable names in the financial industry and offers a low minimum investment amount.
- SquirrelSave manages and rebalances your investment portfolio automatically to target higher predicted returns matched to your chosen risk level.
SquirrelSave Review Singapore: What Is It?
If you’re looking for a robo-advisor that uses AI to manage your investment portfolio, SquirrelSave is a great option. SquirrelSave is a fully AI-driven investment service offered by PIVOT Fintech, a Singapore-based technology company regulated by the Monetary Authority of Singapore.
The AI-Driven Investment Service
SquirrelSave uses AI to create a personalised investment portfolio to help you meet your investment goals. The AI technology manages and rebalances your investment portfolio automatically to target higher predicted returns matched to your chosen risk level. This means that your portfolio is managed without human bias using the latest market data.
Understanding SquirrelSave’s Offerings
With SquirrelSave, you can start investing with as little as SGD 50. The platform offers various portfolios with different risk levels, so you can choose the one that suits your investment style. The platform also offers a low minimum investment, making it accessible to beginner investors.
SquirrelSave charges a 0.5% annual management fee for AUM below SGD 500,000, and a performance fee of 10% on any positive returns. However, the latter fee only comes into play if the portfolio exceeds its highest net asset value recorded.
Overall, SquirrelSave is a great option for those looking for a robo-advisor that uses AI to manage their investment portfolio. With low minimum investment, personalised investment portfolios, and a range of risk levels, SquirrelSave is a great choice for beginner investors.
SquirrelSave Review Singapore: How SquirrelSave Works
SquirrelSave is an AI-driven investment service that uses proprietary technology to create a customised portfolio based on your risk profile. The platform is designed to make investing simple, accessible and affordable for everyone. Here’s how it works:
3 Simple Steps to Get Started
Getting started with SquirrelSave is easy and straightforward. All you need to do is:
- Sign up for an account on the SquirrelSave website.
- Complete the SquirrelSave Risk Profiler questionnaire to determine your risk profile.
- Create your personalised investment portfolio.
Once you’ve completed these steps, SquirrelSave will manage your portfolio, automatically rebalancing it to target higher predicted returns matched to your chosen risk level.
The SquirrelSave Risk Profiler
The SquirrelSave Risk Profiler is a proprietary tool that assesses your risk-reward behaviour by what you actually do. It takes into account your investment experience, financial situation, and investment goals to determine your risk profile. The tool uses advanced algorithms to analyse your behaviour and provide you with a personalised risk profile.
The SquirrelSave Risk Profiler is designed to help you make informed investment decisions and manage your risk exposure. It is a critical component of the SquirrelSave platform and ensures that your investment portfolio is tailored to your individual needs.
Creating a Personalised Portfolio
Once you’ve completed the SquirrelSave Risk Profiler questionnaire, the platform will create a personalised investment portfolio for you. The portfolio is designed to generate the highest probable return over the medium to long term.
SquirrelSave’s Digital Asset Allocation System (DAAS) uses advanced algorithms to optimise your portfolio based on your risk profile. The system analyses your risk tolerance, investment goals and market conditions to create a diversified portfolio that maximises your returns.
In summary, SquirrelSave is an AI-driven investment service that simplifies investing by creating a customised portfolio based on your risk profile. The SquirrelSave Risk Profiler is a proprietary tool that assesses your risk-reward behaviour to ensure that your investment portfolio is tailored to your individual needs. The platform is designed to make investing accessible and affordable for everyone.
SquirrelSave Review Singapore: Investment Portfolios and Asset Allocation
Investment portfolios are a collection of assets such as stocks, bonds, and commodities that are owned by an individual or an organization. SquirrelSave offers a diversified investment portfolio that is tailored to your risk profile, investment preferences, and financial situation. Their investment portfolios consist of ETFs that are selected based on the Modern Portfolio Theory, which aims to maximize returns while minimizing risks.
Diversified Investment Portfolio
SquirrelSave’s portfolios are diversified across different asset classes such as equities, fixed income, and commodities. This diversification helps to reduce the overall risk of the portfolio by spreading the investments across different sectors and industries. For example, if one sector or industry experiences a downturn, the other sectors or industries in the portfolio can help to offset the losses.
SquirrelSave’s portfolios are also diversified across different regions such as Asia, Europe, and the United States. This diversification helps to reduce the risk of investing in a single region and provides exposure to different economic cycles and market conditions.
Rebalancing Your Portfolio
Rebalancing your portfolio is an important aspect of asset allocation. It involves periodically adjusting the allocation of assets in your portfolio to maintain your desired risk profile. SquirrelSave’s portfolios are rebalanced regularly to ensure that the portfolio remains aligned with your investment preferences and risk profile.
Rebalancing your portfolio can help to reduce the risk of overexposure to a particular asset class or sector. For example, if the equities in your portfolio have performed well, the allocation of equities in your portfolio may have increased. Rebalancing your portfolio would involve selling some of the equities and investing in other asset classes to maintain your desired risk profile.
In conclusion, SquirrelSave’s investment portfolios are diversified across different asset classes and regions, and are tailored to your risk profile and investment preferences. Rebalancing your portfolio is an important aspect of asset allocation that helps to maintain your desired risk profile.
SquirrelSave Review Singapore: Fees and Costs
If you’re considering using SquirrelSave as your robo-advisor, it’s important to understand the fees and costs associated with the platform. Here’s what you need to know:
Understanding the Annual Management Fee
SquirrelSave charges an annual management fee of 0.5% of your assets under management (AUM). This fee is calculated based on the daily average net asset value (NAV) of your portfolio and deducted from your account monthly in arrears. The fee is transparent and easy to understand, making it a great option for beginner investors.
If your AUM is above SGD 500,000, you may be eligible for a special fee rate upon request. However, it’s important to note that this rate is not guaranteed and will be subject to negotiation with the platform.
Other Platform Fees and Charges
In addition to the annual management fee, SquirrelSave also charges a performance fee of 10% on any positive returns. This fee is calculated and pro-rated after each calendar year-end and paid in arrears. However, it’s important to note that this fee only comes into play if the portfolio exceeds its highest net asset value recorded.
SquirrelSave does not charge any other platform fees or charges, making it a cost-effective option for investors. However, it’s important to remember that there may be underlying costs associated with the ETFs used in your portfolio.
Overall, SquirrelSave’s fees and costs are transparent and easy to understand, making it a great option for beginner investors looking for a cost-effective way to invest in the market.
SquirrelSave Review Singapore: The Performance
If you’re looking for a robo-advisor that can offer you great returns, SquirrelSave is definitely worth considering. Here’s what you need to know about SquirrelSave’s performance.
Historical Returns and Growth
SquirrelSave’s performance has been impressive so far. According to their website, their portfolios have generated returns ranging from 7.3% to 8.6% in April 2021. They have also outperformed their competitors in terms of investment performance, as seen in a Seedly.sg comparison of digital advisers in July 2022.
SquirrelSave’s AI technology designs and manages your portfolio without human bias using the latest market data. This means that your investment portfolio is automatically rebalanced to target higher predicted returns matched to your chosen risk level.
Comparing SquirrelSave to Competitors
When it comes to comparing SquirrelSave to other robo-advisors, they hold their own. For example, StashAway charges a management fee of up to 0.8% while SquirrelSave charges only 0.5%. Similarly, Endowus charges a management fee of up to 1.25%, which is significantly higher than SquirrelSave’s fee.
SquirrelSave’s partnership with DBS Bank also adds to their credibility. DBS is one of the largest banks in Singapore, and their partnership with SquirrelSave shows that they have confidence in their technology.
Overall, SquirrelSave’s performance is impressive, and they offer competitive fees compared to other robo-advisors. If you’re looking for a robo-advisor that can deliver great returns, SquirrelSave is definitely worth considering.
SquirrelSave Review Singapore: Risk Management
When it comes to investing, risk management is crucial. SquirrelSave understands this and has developed a robust risk management system that can help you achieve your investment goals. In this section, we will discuss how SquirrelSave manages risk and how it uses investment strategies and market data to do so.
How SquirrelSave Manages Risk
SquirrelSave uses an AI-driven approach to manage risk. Its algorithms continuously monitor your portfolio and make adjustments based on market conditions and your risk level. This means that your investments are always optimized to achieve the best possible returns while minimizing risk.
One of the key features of SquirrelSave’s risk management system is its ability to tailor your portfolio to your risk level. When you sign up, you will be asked a series of questions to determine your risk tolerance. SquirrelSave will then create a portfolio that is tailored to your individual needs. This means that you can invest with confidence, knowing that your portfolio is optimized to achieve your investment goals.
Investment Strategies and Market Data
SquirrelSave uses a variety of investment strategies and market data to manage risk. Its algorithms analyze market trends and use predictive analytics to identify potential risks and opportunities. This means that your portfolio is always optimized to achieve the best possible returns while minimizing risk.
One of the key investment strategies that SquirrelSave uses is diversification. By investing in a wide range of asset classes, including equities, fixed income, commodities, and currencies, SquirrelSave is able to spread risk across different sectors and reduce the impact of any one sector on your portfolio.
In addition to diversification, SquirrelSave also uses a range of other investment strategies, including value investing, growth investing, and momentum investing. By combining these strategies with its AI-driven approach to risk management, SquirrelSave is able to optimize your portfolio to achieve the best possible returns while minimizing risk.
Overall, SquirrelSave’s risk management system is one of the best in the industry. By using AI-driven algorithms and a range of investment strategies and market data, SquirrelSave is able to optimize your portfolio to achieve your investment goals while minimizing risk.
SquirrelSave Review Singapore: Regulatory and Security Aspects
SquirrelSave is a financial institution regulated by the Monetary Authority of Singapore (MAS) and is subject to its regulations. As such, it must comply with the MAS guidelines for robo-advisors and other financial institutions. The platform is fully AI-driven, and its algorithms are designed to make investment decisions without human bias.
Monetary Authority of Singapore (MAS) Regulations
The MAS regulates financial institutions and ensures that they comply with its guidelines. The regulatory body requires SquirrelSave to maintain a minimum capital requirement, which ensures that the platform has sufficient funds to meet its obligations. SquirrelSave must also comply with the MAS’s guidelines on anti-money laundering and countering the financing of terrorism.
Data Security and Cloud Storage
SquirrelSave uses cloud storage to store its data. The platform employs data encryption and multi-factor authentication to ensure that its data is secure. The company also regularly conducts penetration testing to identify and address any vulnerabilities in its systems.
SquirrelSave’s data security measures are designed to protect its users’ personal and financial information. The platform also has a privacy policy that outlines how it collects, uses, and shares users’ data.
In conclusion, SquirrelSave is a regulated financial institution that complies with MAS guidelines for robo-advisors. The platform employs AI algorithms to make investment decisions without human bias. SquirrelSave also uses cloud storage to store its data, and it has robust data security measures in place to protect its users’ personal and financial information.
SquirrelSave Review Singapore: User Experience and Tools
It provides an easy-to-use and intuitive user interface that allows you to create and manage your investment portfolio with ease. The dashboard presents a clear overview of your portfolio’s performance, including your account balance, investment returns, and asset allocation. You can also view your transaction history, investment performance, and portfolio rebalancing activities.
SquirrelSave’s User Interface
The user interface is well-designed and user-friendly. You can easily navigate through the platform and access all the necessary features and tools. The platform is accessible on both desktop and mobile devices, allowing you to manage your investments on the go. The platform is also available in multiple languages, including English, Chinese, and Malay.
Financial Planning and Comparison Tools
SquirrelSave provides several financial planning and comparison tools to help you make informed investment decisions. The platform offers a risk profiler tool that helps you determine your risk tolerance and recommends a suitable investment portfolio based on your risk profile. You can also compare your current portfolio with other investment options available on the platform and make changes accordingly.
Moreover, SquirrelSave provides objective analysis of your investment portfolio using the latest market data and artificial intelligence. The platform uses AI-driven algorithms to manage and rebalance your investment portfolio automatically, ensuring that your portfolio is always aligned with your investment goals and risk tolerance.
In conclusion, SquirrelSave offers a great user experience and a range of useful tools to help you manage your investments effectively. The platform’s user-friendly interface, financial planning and comparison tools, and objective analysis make it a great choice for beginner investors looking to invest in a robo-advisor in Singapore.
SquirrelSave Review Singapore: Getting Started
If you’re new to investing, SquirrelSave is a great platform to start with. Getting started with SquirrelSave is easy and straightforward. Here’s what you need to know:
Minimum Deposit and Investment
To start investing with SquirrelSave, you’ll need to make a minimum deposit of $1. This makes SquirrelSave a great platform for beginners who want to start investing with a small amount of money. Additionally, SquirrelSave has no minimum investment amount, so you can invest as much or as little as you want.
Setting Financial Goals and Time Horizon
When you sign up for SquirrelSave, you’ll be asked to set your financial goals and time horizon. This information will be used to create a personalised investment portfolio that’s tailored to your needs and preferences.
Your financial goals will depend on what you want to achieve with your investments. For example, you might be saving for a down payment on a house, your children’s education, or your retirement. Your time horizon is the length of time you plan to hold your investments.
SquirrelSave uses artificial intelligence to design and manage your portfolio without human bias, using the latest market data. It manages and rebalances your investment portfolio automatically to target higher predicted returns matched to your chosen risk level.
Minimum Initial Investment
SquirrelSave has no minimum initial investment, which means you can start investing with as little as $1. This makes SquirrelSave a great platform for beginners who want to start investing with a small amount of money.
In summary, SquirrelSave is a great platform for beginners who want to start investing with a small amount of money. With a minimum deposit of $1 and no minimum investment amount, you can invest as much or as little as you want. When you sign up for SquirrelSave, you’ll be asked to set your financial goals and time horizon, which will be used to create a personalised investment portfolio that’s tailored to your needs and preferences.
Frequently Asked Questions
What incredible returns can one expect from a robo advisor?
Robo advisors are designed to provide investors with a diversified portfolio that has the potential to generate higher returns than traditional investment methods. However, it is important to note that returns are not guaranteed and can vary depending on market conditions.
That being said, SquirrelSave is one of the best robo advisors in Singapore, and its AI-driven investment service has a proven track record of delivering solid returns to its investors.
Which robo advisor allows the use of Supplementary Retirement Scheme funds?
SquirrelSave is one of the few robo advisors in Singapore that allows investors to use their Supplementary Retirement Scheme (SRS) funds to invest. This is a great option for investors who want to save for their retirement while enjoying the benefits of an AI-driven investment service.
How much do robo advisors typically charge for their amazing services?
Robo advisors typically charge lower fees than traditional investment methods, making them an attractive option for investors who want to save on fees.
SquirrelSave charges a management fee of 0.5% per annum, which is lower than the industry average.
Could you explain the thrilling differences between an ETF and a robo advisor?
An ETF (Exchange-Traded Fund) is a type of investment fund that is traded on stock exchanges, while a robo advisor is an automated investment service that uses algorithms to manage your portfolio. While both options can provide investors with a diversified portfolio, a robo advisor offers a more hands-off approach to investing, while an ETF requires investors to actively manage their portfolio.
What are the top-performing features of SquirrelSave that investors rave about?
SquirrelSave’s AI-driven investment service is one of the top-performing features that investors rave about. The service is designed to create a diversified portfolio that is tailored to your risk profile, and it uses cutting-edge technology to manage your investments.
Additionally, SquirrelSave offers a range of investment strategies to choose from, including socially responsible investing and thematic investing.
How does SquirrelSave ensure a delightful investment experience for its users?
SquirrelSave is committed to providing its users with a delightful investment experience, and it achieves this through its user-friendly platform and excellent customer service. The platform is easy to use, and it offers a range of tools and resources to help investors make informed decisions.
Additionally, SquirrelSave’s customer service team is available to answer any questions or concerns that investors may have.
