Have you started investing?

You probably know it is important to invest to grow your money. But if you have not started, you are not alone. Do any of these excuses sound familiar to you?

It’s time to stop procrastinating. Letting your money sit idle will only result in inflation eroding its value.

Think it takes a lot of money to invest? It doesn’t. We’ve made it affordable.

There is no “right” time – it’s all about taking the first step and staying invested.

What happens when you let your money sit idle?

Take a look at your shopping cart the next time you visit a supermarket. You can probably buy a fair amount of groceries with S$100 today. Over time, you will notice that you won’t be able to buy quite as much with that same S$100. This is because of inflation, or a general increase in prices.

Investing can help you grow your wealth so that your money can go further tomorrow and beyond.

Grow your wealth by investing regularly

Source: Bloomberg, UOBAM. Portfolio refers to simulated portfolio created using 50% MSCI AC World Index and 50% Bloomberg Barclays Global Aggregate Bond Index in SGD. For illustration purposes only. Past performance is not indicative of current or future performance. Portfolio performance is based on period 2010 to 2014.

You don’t need a lot to start investing. Just like how you can start saving with modest amounts, you can start small with investing. As long as you keep investing regularly, you can accumulate your investments to a significant amount over time.

In addition, regular investing helps you ride out market swings, as you buy more investment units when prices are lower and fewer units when prices are higher. This can help you avoid timing the market, reduce your risk of investing at a high and therefore achieve a lower average price in your investments.

Start your investment journey today with UOB SimpleInvest

SimpleInvest is a simple new way for you to invest 24/7 on the UOB TMRW app. All you need to do is choose from 3 simple solutions depending on your investment objectives and how much risk you are comfortable taking, and start investing from as little as S$100.

 

Stop waiting for the right time to invest – there is no “right” time. Invest regularly and stay invested.

Here's why UOB SimpleInvest is for you

Invest with flexible amounts

Invest with flexible amounts

It doesn’t take a lot of money to start. S$100 or S$10,000 - you decide how much to invest, at one go or as recurring monthly amounts. What's more, we keep the sales charge low.

Invest to your comfort level

Invest according to your comfort level

Worried that investing is risky? Choose from 3 solutions created by UOB Asset Management depending on how much risk you are comfortable taking.

Lets experts do the work for you

Let experts do the work for you

Think investing is complicated? SimpleInvest helps you draw on the expertise of renowned asset managers so you do not have to research the entire universe of investments and decide what to invest in.

What are your investment objectives?
This will help you choose from the 3 simple solutions.

Liquidity Solution

United SGD Money Market Fund

Expected risk: Low

Projected return: Higher than 3-month deposit interest rates

This solution helps you play it safe by investing in high-quality bonds, government securities and bank deposits to get higher returns than short-term deposit interest rates.

You do not pay any sales charge when you invest in this solution.

Find out how the SimpleInvest solutions have fared and what is on the horizon

Liquidity

Fund commentary and strategy for Sep 2021

    Income

    Fund commentary and strategy for Sep 2021

      Growth

      Fund commentary and strategy for Sep 2021

        Invest 24/7 on UOB TMRW with SimpleInvest

        Your guide to SimpleInvest

        step 1

        Get Started on UOB TMRW

        step 2

        Choose from the 3 solutions

        step 3

        Complete Customer Knowledge Assessment

        step 4

        Decide how much to invest

        step 5

        Confirm details

        step 1

        Get Started on UOB TMRW

        Log in to UOB TMRW and tap on "SimpleInvest"

        Scan Here

        Download the UOB

        TMRW App now

        Do not have a UOB bank account to start SimpleInvest?

        Apply and get your account approved within minutes.

        UOB One Account

        Save, spend and earn up to 2.50% interest a year on your savings when you spend on eligible UOB Cards and salary credit or make 3 GIRO debit transactions each month.

        With our lowered salary credit requirement of S$1,600, accelerate the bonus interest awarded on your savings when you credit your salary into your UOB One Account.

          UOB Stash Account

          Accumulate even more savings with up to 1% interest a year.

          Simply maintain or increase your Monthly Average Balance (MAB) as compared to the previous month to earn up to S$575 in bonus interest.

            UOB Lady's Savings Account

            Receive free female cancer coverage of up to S$200,000 based on your savings.

            Plus you get to enjoy medical and exclusive dental and wellness benefits when you save with the UOB Lady’s Savings Account.

              Things you should know

              Getting Started
              chevron

              How do I get started?

              First, make sure you have a single-name UOB savings or checking account. Next, download the UOB TMRW app to explore our SimpleInvest solutions.

              You need to be 21 years old and above to invest.

               

              How is SimpleInvest different from robo-advisors? 
              SimpleInvest is not a robo-advisor, which manages underlying portfolios by automation and algorithm, with little to no human intervention.

              SimpleInvest is a digital platform built to provide you with a simple way of investing and managing your portfolio. SimpleInvest offers you 3 specially curated solutions that are professionally managed by experienced asset managers that address different investment objectives.

               

              I am not Singaporean/PR; can I invest?
              Yes, foreigners are allowed to invest with the exception of U.S Persons, Canadians residents and residents of the EEA countries.

               

              I have already completed a Customer Knowledge Assessment (CKA) at another institution. Do I need to do it again?
              Yes, you will need to. This allows us to assess your level of financial knowledge.

              How often should I monitor my investments?
              Anytime you like on the UOB TMRW app! The Net Asset Value (NAV) of each fund is updated every business day, with the exception of fund holidays, which are determined by the fund managers and usually fall on public holidays in countries where the fund has significant exposure. 

              Even if you do not monitor your investments daily, rest assured that our fund managers do, 24/7. They will proactively manage your funds and rebalance the underlying investments when necessary. You will also get monthly portfolio updates via the SimpleInvest Dashboard.

               

              Will I receive payouts for my investments made? If so, where do my payouts go to?
              Only the United Enhanced Income Select Fund provides monthly payouts to investors. You can choose to either reinvest the payout or credit the payout into your preferred account.

               

              Will I receive investment updates?
              Yes, you will get monthly market and fund reviews in the individual solutions' pages within SimpleInvest. Find out what the asset managers say about the solutions before deciding on your next course of action.

               

              I accidentally submitted my order as ‘Reinvest’ my dividends. However, my intention was to ‘Get a cash payout’, what do I do now?
              Please visit a UOB branch to change your dividend instructions. 

               

              I don’t want to redeem the full amount of my investments. Am I allowed to redeem part of it?
              Yes, you can redeem the full amount or part of your investments. For partial redemptions, you must leave a minimum holding of 10 units.

               

              After redeeming my investments, it is stated that my recurring orders will continue until I terminate them. How do I terminate my recurring orders?
              To terminate, follow these steps:
              Step 1: On the first screen you see after tapping on SimpleInvest (if you have invested), look for the "Orders" section and tap on "View all"
              Step 2: Swipe left on your order and tap ‘Terminate’.
              Step 3: Follow the instructions to complete your termination.

               

              Can I switch my funds?
              You can only switch between the United Enhanced Income Select and United Enhanced Growth Select funds. You can switch all or part of your units (subject to minimum fund holdings requirement).

               

              My transaction was ‘Unsuccessful’. What do I do now?
              Check that you have a stable internet connection. If there is a scheduled maintenance, try again later.

               

              I have successfully submitted my order requests, how can I view the status of my order?
              Tap ‘View order status’ on your submitted screen.
              Alternatively, you can view your orders on the first screen you see after tapping on SimpleInvest. You will also be able to view the statuses of your past orders here.
              If your order is completed or unsuccessful, you will also receive an in-app notification. Do remember to set your mobile phone settings to receive notifications from UOB TMRW.

               

              Will I be receiving notifications in other forms for my SimpleInvest orders?
              We will mail you hard copy statements for every successful purchase. You can also view your order status on UOB TMRW.

               

              I would like to make changes to my SimpleInvest recurring order, how do I do so?
              To make changes, follow these steps:
              Step 1: Tap ‘View orders’ on the first screen you see after tapping on SimpleInvest 
              Step 2: Swipe left on your order and tap ‘Edit’.
              Step 3: Follow the instructions to edit your order.


              I changed my mind and would like to cancel the buy order that I submitted yesterday. How can I cancel the buy order?
              You can cancel it within 7 calendar days and the investment proceeds will be credited to your UOB account within 7 business days after trade date.

               

              I have submitted my order for a few days, and my holdings is still not reflecting. When can I see the fund that I have bought?
              Holdings will be reflected within 3 business days if the transaction is executed on a trading day where the fund is available for subscription and redemption.

              Are there any fees for investing into SimpleInvest?
              Investors will only be required to pay a sales charge of 0.8% of the investment amount at the point of sale. This is deducted when you place your order.

              There is no sales charge for the Liquidity Solution, also known as the United SGD Money Market Fund. 

               

              Do I need to pay a platform fee when I invest via the SimpleInvest platform?
              There is no annual platform fee.


              Besides the sales charge, are there any other fees to be paid for my investment?
              Besides the sales charge that is charged upfront at subscription, the asset manager of the fund will also charge an Annual Management Fee for managing the fund.

              Other fees include administrative costs of maintaining the fund such as custodian, trustee and accounting fees.

              These fees would be deducted from your fund’s Net Asset Value (NAV) and of no additional cost to you.

              Terms and Conditions apply

              The information contained on this webpage shall not be regarded as an offer, recommendation, solicitation or advice to buy or sell any investment product and shall not be transmitted, disclosed, copied or relied upon by any person for whatever purpose. Any description of investment products is qualified in its entirety by the terms and conditions of the investment product and if applicable, the prospectus or constituting document of the investment product. Nothing on this webpage constitutes accounting, legal, regulatory, tax, financial or other advice. If in doubt, you should consult your own professional advisers about issues discussed herein. The information contained on this webpage, including any data, projections and underlying assumptions, are based on certain assumptions, management forecasts and analysis of known information and reflects prevailing conditions as of 1 May 2021, all of which are subject to change at any time without notice. Although every reasonable care has been taken to ensure the accuracy and objectivity of the information contained on this webpage , United Overseas Bank Limited (“UOB”) and its employees make no representation or warranty of any kind, express, implied or statutory, and shall not be responsible or liable for its completeness or accuracy. As such, UOB and its employees accept no liability for any error, inaccuracy, omission or any consequence or any loss/damage howsoever suffered by any person, arising from any reliance by any person on the views expressed or information contained on this webpage.

               

              This advertisement has not been reviewed by the Monetary Authority of Singapore.

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