Final Preparations for Launch and Investment Screen Updates

As the Dr Wealth website makes final preparations for open beta launch, we are excited to give present further updates on the investment screens.

Auto Categorization For Portfolio Allocation

The stocks on Singapore Stock Exchange are automatically classified into Domestic Large Caps, Domestic Small-Mid Caps, DomesticREITs, Global Developed Markets, Global Emerging Markets, Global REITs. It also takes into account ETFs and classify them accordingly to either Domestic, Global Developed or Global Emerging.

This way, Dr Wealth takes out the manual work of classifying the stocks and focus on the bigger picture instead.

When it comes to investments, Dr Wealth believes that portfolio allocation is more important than stock picking. As such, the allocation screen is to provide a quick overview of your overall allocation.

Upcoming Features Index Benchmarking and Dividend Tracking

The development team is now working on Index Benchmarking and Dividend Tracking to provide more information on how your portfolio is performing. Benchmarking will currently be based on STI ETF for SGX, allowing you to see how your portfolio performs relative to the market benchmark.

Do let us know if you there are any features you would like to see!

Dr Wealth Team

Ref:drwealth