What currency and is there a minimum deposit for Income portfolio?
We accept Singaporean Dollars for the Income Portfolio. Like any other of our portfolios, there’s no minimum deposit amount.
To receive the dividends to your bank account, your Income Portfolio needs to generate a minimum of $20 SGD in dividend payouts on a monthly basis. Anything your Income Portfolio earns below this amount during a calendar month will automatically be reinvested. Because the dividend yields and payout schedule is determined by fund managers and are subject to change, you might experience months with dividend payouts above the $20 SGD minimum and below or none on other months.