AI Quant based Robo Investing

How is my Robo investment fund allocated?

Portfolio design is conducted in partnership with TenjinAI, leaders in the application of advanced AI and Quant Finance techniques.

Tenjin enables smarter decisions to be made with its multi-dimensional research and proprietary scoring mechanism. 

Tenjin works just like your personal investment advisor, by efficiently selecting the best stocks / ETFs among thousands of available choices. Tenjin takes your risk preferences into consideration before it recommends an asset or a portfolio along with recommendations for optimal number of units of each asset to hold to achieve a high return with low risk.
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During your account opening you are asked a number of questions to do with your attitude to risk. Based on your answers to these questions a personalised investment portfolio is created for you.  You can change your answers to the risk questions in the Unifimoney app.
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All customers are initially enrolled into the TenjinAI Basic portfolio and consumers can choose to change this to Advanced whenever they choose.

What if I want to change my risk profile?

You can change your risk profile by navigating to the Investment page then Robo Investing and scroll down to Account Management. The first link is for Edit Investment Settings where you can change your monthly contribution amount, change the underlying product strategy or change your answers to your risk questions. Changing answers to your risk questions will change your risk score and therefore the allocation of your funds.

What is Unifimoney Autoinvest?

Autoinvest is the effortless way to ensure that you are regularly contributing to your Robo fund and your future self.  There are 3 ways in which your contributions are made automatically each month:

1. Deposit interest: at the end of the month the interest on your deposits is transferred to your Robo fund
2. Monthly contribution: you set how much you want to contribute (change at any time).  This is automatically transferred from your high yield checking account to the Robo fund each month. This can be as high as you choose to set it, we recommend at least $100-200 a month.  You can change this amount at any time and the changes will be reflected in the next months contribution
3. Credit Card cash back: once available the Unifimoney Credit Card rewards will be redeemed as a contribution to your investment portfolio

I can’t see my Autoinvest in my Robo fund balance?

Funds are transferred to your Robo fund using interbank ACH transfers - these can take 2-3 business days before they will show in your balance

How can I contribute a lump sum into my Robo investment fund?

You can contribute a lump sum by tapping on Move Money on the bottom left of your screen and then Fund Robo Portfolio then follow the prompts. You can only fund from your Unifimoney High Yield Checking Account.  
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Alternatively you can navigate to the Investing Page, then to Robo Investing, scroll down to Account Management and tap Deposit.

What is TenjinAI?

Portfolio design is conducted in partnership with TenjinAI, leaders in the application of advanced AI and Quant Finance techniques.

Tenjin enables smarter decisions to be made with its multi-dimensional research and proprietary scoring mechanism. 

Tenjin works just like your personal investment advisor, by efficiently selecting the best stocks / ETFs among thousands of available choices. Tenjin takes your risk preferences into consideration before it recommends an asset or a portfolio along with recommendations for optimal number of units of each asset to hold to achieve a high return with low risk.

What is the difference between TenjinAI Basic and Advanced

Both products are ETF only portfolios however they differ in terms of the frequency of updating that they have with Basic updated annually and Advanced quarterly.

What are the costs?

Fees are based upon the total of Assets Under Management (“AUM”) for each individual Unifimoney client.

For Basic which is the default service level the fee is 15 bps of AUM or 0.15%

For Advanced the fee is 30 bps or 0.30%
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Model calculation for fees is as follows:

An account with an average monthly balance of $100K under the Basic model will have a monthly advisory fee of $12.33.
Assuming 30 days in the month and 365 days in the year, the math is as follows: $100,000 * 0.0015 * (30/365) = $12.33

How can I withdraw funds from my Robo fund?

You can sell all or part of your Robo fund and withdraw the funds to your Unifimoney High Yield Checking Account. Navigate to the Investment page and then Robo Investing. Scroll down to Account Management and select the second link Withdraw Fund.