Phillip Securities becomes first brokerage firm in Singapore to offer robo service with 100% direct US stocks
SINGAPORE, 15 August 2022 – Phillip Securities, the brokerage and wealth management arm of PhillipCapital, has launched an extension to its robo services, SMART Portfolio US Equity, which invests 100% into US stocks as underlying. This is the first robo service in Singapore to offer a portfolio that invests entirely in US stocks, giving clients direct ownership of the underlying portfolio stock holdings. PhillipCapital’s SMART Portfolio US Equity invests in large-cap stocks in the US markets with an expected average of 10 – 15 counters in the portfolio. With just SGD $3,000, or USD $2,500, clients can now own a