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Temasek Trust-backed MoneyOwl stirs up funds space

Jovi Ho and Douglas Toh
Jovi Ho and Douglas Toh • 6 min read
Temasek Trust-backed MoneyOwl stirs up funds space
MoneyOwl CEO and CIO Chuin Ting Weber speaking to the media on Feb 12. MoneyOwl has partnered Phillip Securities to offer four Amundi index funds at no fees. Photo: MoneyOwl
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MoneyOwl has shifted away from direct sales and will instead focus on providing online financial advice and recommending insurance and investment products by third parties.

The latter refers to four passive Amundi index funds offered via Phillip Securities’ Poems platform. Users can start with a $1 investment with cash, or funds from their Central Provident Fund (CPF) Ordinary Account or Supplementary Retirement Scheme.

The four funds, which track the performance of global equities, US equities, emerging market equities and global bonds, are available to the public via a Poems account. No MoneyOwl account is required.

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