The new product enables clients to save time and automate their investments tailored to their unique needs. Currently, the service is available only in Singapore.
With the Robo-Advisor, clients can invest through a diversified portfolio without spending hours on research and ongoing management of their investments.
This new product is beneficial for clients who lack the time for research and active investing, or who have limited trading experience or none at all.
The product will offer a fully diversified and personalized portfolio based on clients' responses to questions that will determine their risk tolerance and financial goals, among other factors. Once a client deposits funds into their portfolio, the robo-advisor automatically invests them in the market and continuously monitors and manages the client's portfolio. The minimum investment amount for the Revolut robo-advisor is $100.