It's easy! First, make sure you have a UOB savings or checking account that's solely under your own name (not a joint account). Then, download the UOB TMRW app to explore our Simpleinvest funds. You need to be 21 years old and above to invest.
SimpleInvest isn't a robo-advisor. We don't just use automation and algorithms to manage portfolios. Instead, we offer 3 specially curated funds that are professionally managed by experienced fund managers that address your different investment objectives.
Unlike other professionally managed funds, SimpleInvest offers an easy way of investing and managing your portfolio digitally.
Yes, foreigners can invest with the exception of U.S. Persons, Canadian residents, and residents of EEA countries.
You can start with just 100 SGD!
You can do a one-time (lump sum) investment or invest monthly. It's up to you.
Yes, as this lets us assess your level of financial knowledge.
We have 3 solutions based on your investment objectives and level of risk-taking.
United SGD Money Market Fund
Minimises risk. Provides enhanced returns above that from deposit interest rates.
United Enhanced Income Select Fund
Receive a regular stream of passive income.
United Enhanced Growth Select Fund
Maximise potential of growing your capital over the long term.
Consider your financial needs and risk appetitie. Each solution serves different investment objectives – liquidity, income or growth. You may refer to uob.com.sg/simpleinvest for more details.
Anytime you like on UOB TMRW! The Net Asset Value (NAV) of each fund is updated every business day. Even if you don't monitor your funds daily, rest assured that our fund managers do so 24/7. They proactively manage your funds and rebalance the underlying investments when necessary. You'll also get monthly portfolio updates through the SimpleInvest dashboard.
Only the United Enhanced Income Select Fund provides monthly payouts. You can choose to reinvest the payout or transfer it into your preferred account.
Yes, you'll get monthly market and fund reviews through the SimpleInvest dashboard. Find out what our asset managers say about your funds before deciding on your next investment decision.
No worries. Just submit a 'Change in Dividend Instruction' form.
Yes, you can. Just take note that for partial redemptions, you must leave a minimum holding of 10 units in your fund.
Follow these steps:
Step 1: Tap 'View orders' on your SimpleInvest Dashboard.
Step 2: Swipe left on your order and tap 'Terminate'.
Step 3: Follow the instructions to complete the termination.
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, as long as you leave a minimum holding of 10 units in your fund for partial switches.
Scheduled maintenance could be going on, or your internet connection might be unstable. Try again later.
You can view your submission status on your SimpleInvest dashboard. If your order is complete or unsuccessful, you'll also receive an in-app notification on the status if you've enabled notifications for UOB TMRW.
It'll be updated to 'Completed' when you receive your units for buy and switching orders, or when your units are transferred for sell orders.
Yes, we'll mail you hard copy statements for every successful purchase. You can also view your order statuses on UOB TMRW.
Just follow these steps:
Step 1: Tap ‘View orders’ on your SimpleInvest Dashboard.
Step 2: Swipe left on your order and tap ‘Edit’.
Step 3: Follow the instructions to edit your order.
Kindly note that cancellation is only allowed on one-time buy orders. There is a 7 calendar days cooling period from the day of submitting your purchase, should you intend to cancel your order.
You may cancel your one-time buy order through SimpleInvest via the UOB TMRW App. Simply follow these steps:
1) Login to UOB TMRW
2) Under the ‘Wealth’ tab, locate SimpleInvest
3) Click on SimpleInvest where you will be able to see your dashboard
4) Click on ‘View all orders’
5) Swipe right to left on an active one-time order card that you want to cancel
6) An option to cancel the order will be given
Once a cancellation has been made successful, the money will be credited to your UOB account within 7 business days.
Your holdings will be updated within 3 business days, as long as the transaction was made on a trading day where the fund was available for subscription and redemption.
This might be due to special characters in your naming convention, such as a comma, @ etc. We're aware of this issue and are working to fix it. Meanwhile, do drop us a message through the SimpleInvest product page on UOB TMRW. We'll contact you within 2 working days to help.
Investors will 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's no sales charge for the United SGD Money Market Fund.
There is no platform fee for using SimpleInvest.
Besides the sales charge that's 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.
Yes, you may! However, order maintenance features such as cancelling your one-time order or terminating your recurring order are currently unavailable in PIB. You must do these in the UOB TMRW app through the SimpleInvest feature.
We'll keep you posted when new SimpleInvest funds are introduced!