Bento is a robo advisor with a human interface. It uses fundamental research and an asset allocation methodology very similar to that used by large sovereign wealth funds and pension funds to generate unconflicted portfolios for its customers.
Research has shown that asset allocation determines around 90% of investment returns. At Bento you get personalised asset allocation advice linked to your objectives and risk profile, and your portfolio is likely to be very different from any other Bento customer. The portfolio can also be tailored to include (or exclude) your existing assets and specific knowledge of certain markets (e.g. your home market). Bento’s low overheads, zero retrocession and use of low-cost ETFs mean that our service is offered to you at a cost that is a fraction of what is offered by the incumbents.
Bento’s robo investment engine aids and doesn’t replace the human advisor.
You portfolio manager will walk you through the process, customise to your specific investment needs and touch base with you for quarterly portfolio updates. While the robo algorithm dispassionately allocates your assets in an efficient portfolio and rebalances on a quarterly basis, you also have access to your portfolio any day and time with advanced analytics and visualization to monitor on your own.
Bento Invest Pte Ltd – the company running Bento – is registered with the Monetary Authority of Singapore (MAS) as a Registered Fund Management Company.
Bento offers white labelled solutions for institutions such as wealth managers, independent asset managers and private banks. Talk to us for details.
We encourage you to invest at least USD1,000,000 or its equivalent through Bento, as long as you are an Accredited Investor. In addition we recommend you average this investment amount over a few months.
We recommend building long-term core portfolios over time to benefit from dollar cost averaging and holding portfolios over multiple investment cycles.
Bento brings an institutional approach to investing in the High Networth space. Portfolios are constructed for the long term using Strategic Asset Allocation. On a quarterly basis we overlay with Dynamic Asset Allocation that caters to short-term dislocations in valuations.
Bento partners with Mercer, one of the leading investment consultants to sovereign wealth funds, pension funds and endowments. Mercer provides Bento with fundamental research on likely movements and correlations of various asset classes and sub-asset classes.
Bento then uses its proprietary optimization engine to combine the fundamental research with the investor’s objectives, risk appetite, existing assets and specific knowledge to come up with an optimized asset allocation plan. This plan is then executed using ETFs, which are selected on the basis of low cost, liquidity and tax treatment.
Bento does not keep custody of your assets.
You can continue to keep custody of your assets with your existing bank or we can help you open an account in your name with one of the largest global custodians.
Research has indicated that ETFs are the cheapest and most efficient way to build diversified portfolios. Our portfolios are made up of only large, liquid ETFs with low expense ratios. For asset classes that pay sizeable dividends, we choose tax-efficient options so that you are not subject to US domestic withholding tax.
However our investment philosophy evolves in line with the market and your needs. Bento is continuously monitoring various types of instruments such as single bonds, active funds, equities, etc. These may be incorporated in the portfolio construction process in the future, for certain sub-asset classes, where they are expected to outperform the relevant ETFs.
We charge an all-inclusive 0.3% of assets under management for individual customers. Institutional customers may contact us for bespoke pricing. This fee structure ensures alignment of interests between the customer and Bento.
We get no commissions, retrocessions or kickbacks – absolutely none. Only you – the customer – pay us.
There are no additional charges if you custodize with Bento’s partner custodian. However, your costs may differ if you choose to maintain custody with your existing bank.