IN­VEST SMARTER

In­vest­ing just got faster and eas­ier with on­line wealth man­age­ment app Lu Global.

The Peak (Singapore) - - Art & Design View -

If hu­mans are spend­ing an ever-in­creas­ing amount of time on their smart­phones in this dig­i­tal age, they might as well be putting that screen time to good use and turn­ing it into some­thing with a tan­gi­ble re­ward. To this end, there are tools like Lu Global, a new on­line wealth and in­vest­ment man­age­ment plat­form. The app pro­vides a new gen­er­a­tion of tech-savvy in­vestors a sim­ple and se­cure way of in­vest­ing – right from their mo­bile phones.

A WIN­NING FOR­MULA

Flex­i­bil­ity is a key ad­van­tage. Be­sides of­fer­ing 24/ 7 on­line ac­cess, the LU Global app also pro­vides ac­cess to a global suite of spe­cially cu­rated open- and closedended funds from part­ners such as J.P. Morgan As­set Man­age­ment, KKR and Black­Rock - some of which were typ­i­cally made avail­able to in­sti­tu­tional cus­tomers due to the large min­i­mum in­vest­ment sums and long lock in pe­ri­ods needed. With LU Global, in­vest­ing in some of these fixedterm prod­ucts can go as low as US$1 (S$1.40), with com­mit­ment pe­ri­ods as short as three months.

With­out re­la­tion­ship man­agers and phys­i­cal branches in op­er­a­tion, the op­er­a­tional cost sav­ings are passed on to the cus­tomers through an at­trac­tive fee struc­ture that cur­rently prom­ises zero sub­scrip­tion fees for all xed term prod­ucts. All of these help lower the bar­ri­ers of en­try when in­vest­ing with Lu Global. That said, the app is cur­rently avail­able to ac­cred­ited in­vestors in Sin­ga­pore and in­vestors in Asia.

BACKED BY TRUSTED TECH­NOL­OGY

Op­er­at­ing out of Sin­ga­pore, Lu Global is a mem­ber of the Ping An Group, the largest in­sur­ance com­pany glob­ally that’s also ranked 10th on Forbes’ 2018 Global 2000 list. The app utilises Ping An’s plat­form of cut­ting- edge tech­nol­ogy, of­fer­ing its cus­tomers con­fi­dence and an as­sur­ance of re­li­a­bil­ity when it comes to cy­ber se­cu­rity and data pro­tec­tion.

Lu Global is also li­censed and reg­u­lated by the Mon­e­tary Au­thor­ity of Sin­ga­pore, which has strin­gent cri­te­ria for busi­nesses within the nan­cial sec­tor. Since its launch late last year, the app has ac­quired 150,000 reg­is­tered users – and this gure is grow­ing.

A SMOOTH-SAIL­ING JOUR­NEY

At Lu Global, the cus­tomer ex­pe­ri­ence is de­signed to be in­tu­itive from start to nish. Join­ing the plat­form is easy and con­ve­nient be­cause the en­tire process takes place on­line via the app. There’s no need to phys­i­cally wait in line with a queue num­ber - sim­ply down­load the app and pro­ceed to com­plete your ac­count open­ing process in as lit­tle as ve min­utes with all the doc­u­ments ready for sub­mis­sion. Once your ac­count is ap­proved, your rst US$100 in­vest­ment is on Lu Global. Terms and con­di­tions ap­ply.

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