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Old 02-02-2020, 02:15 PM   #16
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I am wondering if the the weights within the bond and REIT portfolio is dynamic as well.

And how is this different from stashaway offering?

It is dynamic
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Old 02-02-2020, 02:39 PM   #17
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I am wondering if the the weights within the bond and REIT portfolio is dynamic as well.

And how is this different from stashaway offering?
The bond is just 1 A35 etf.

I am also interested to know if within the reits is it dynamic

I have sent syfe a list of qns. See what they reply. Or maybe they will address at the workshop
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Old 02-02-2020, 02:43 PM   #18
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Kristal.AI has a “Asia REITs SGD” offering which requires a minimum of $13k.

Not sure how it compares to Syfe’s offering or directly buying REITs from SGX.
https://kristal.ai/kristals/asia-reits-sgd

Info is lacking
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Old 02-02-2020, 02:45 PM   #19
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I dont understand why they have MAGIC in it. No sg properties

Or is it simply due to market cap?
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Old 02-02-2020, 02:52 PM   #20
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I had hoped that REIT+ would follow the rest of their offerings and have different weightings for different risk levels. I would not mind something with a lower percentage of bonds.

Really, with CPF, I think most Singaporeans have more than enough bonds...
This is moderate risk according to their website (same as their global portfolio DR 15%).

See the first link i posted again. It can go 100% reits too. Its dynamic. Now it has 24.5% in A35 probably because it detected increased risk (wuhan?)
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Old 02-02-2020, 02:55 PM   #21
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I made a comparison for REIT+ vs Lion Phillip S REITS vs NIKKO AM REITS.
Seems like Syfe REIT+ is just a subset of Lion Phillip S REITS.
So what is the biggest advantage of REIT+ over Lion S REITS?
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Old 02-02-2020, 03:17 PM   #22
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https://kristal.ai/kristals/asia-reits-sgd

Info is lacking
Does this help :O

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Old 02-02-2020, 03:32 PM   #23
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I made a comparison for REIT+ vs Lion Phillip S REITS vs NIKKO AM REITS.
Seems like Syfe REIT+ is just a subset of Lion Phillip S REITS.
So what is the biggest advantage of REIT+ over Lion S REITS?
if u do the traditional etf buying method you:
you cannot effectively do dollar cost average monthly with small sums
you cannot auto reinvest dividends
everytime you buy/sell , u incur trading fees
fees are higher for etf due to other misc fees embedded within the etf structure
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Old 02-02-2020, 03:41 PM   #24
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if u do the traditional etf buying method you:
you cannot effectively do dollar cost average monthly with small sums
you cannot auto reinvest dividends
everytime you buy/sell , u incur trading fees
fees are higher for etf due to other misc fees embedded within the etf structure
Thanks!

So let me summarize:
Pros:
1) enable DCA with small sum
2) no brokerage fees on buy and sell
3) capable to reinvest dividend
4) slightly lower management fees vs TER of ETF (Depends on which tier)

Cons:
1) Risk of Syfe quit from market for long term investment?
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Old 02-02-2020, 04:05 PM   #25
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This is moderate risk according to their website (same as their global portfolio DR 15%).

See the first link i posted again. It can go 100% reits too. Its dynamic. Now it has 24.5% in A35 probably because it detected increased risk (wuhan?)
I don't think there is different risk levels for the reits portfolio. As in, you can't choose to be more aggressive or defensive. They just have 1 portfolio which dynamically rebalances, whatever that means.

I find it weird as it seems inconsistent with what they offer for global equities. I believe they have 3 risk levels for that. Not just 1 which is dynamically rebalanced.

No account with Syfe though. May just open one to look inside...
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Old 02-02-2020, 04:16 PM   #26
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I don't think there is different risk levels for the reits portfolio. As in, you can't choose to be more aggressive or defensive. They just have 1 portfolio which dynamically rebalances, whatever that means.

I find it weird as it seems inconsistent with what they offer for global equities. I believe they have 3 risk levels for that. Not just 1 which is dynamically rebalanced.

No account with Syfe though. May just open one to look inside...
Yes there is only 1 level for reit+. And i meant to say that 1 level is moderate level, which for the global portfolio is DR 15%. Just saying. See the second link. "Moderate risk"

Global portfolio is not just 3 levels. There are 11. 5% to 25% in 2% steps

I dont have syfe acc (yet). All the info i gathered is from their website. See the second link i posted. Thats the inside of reit+

Last edited by assiak71; 02-02-2020 at 04:21 PM..
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Old 02-02-2020, 05:50 PM   #27
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2 key risks:

1. Risk of increased interest rates.

We all know what happens to reits and bond prices when interest rate rises. These 2 asset classes are very positively correlated.

2. When this REIT+ portfolio crash, everyone want to bail out, you probably will also be forced to bail out.

The reits and bonds are not held by you. If syfe goes out of business or if too many people pull out you will probably be forced to liquidate your position.
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Old 02-02-2020, 10:55 PM   #28
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For Syfe, do they provide monthly statement on what they bought for us? Like what Stashaway have in their monthly statement
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Old 02-02-2020, 11:06 PM   #29
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A lot of REITs have rights issues/ placement shares and individual investors can apply excess that is basically 'free money' because the excess shares are at a lower price than market price. You can check out the various REITs threads to see you can get quite a lot of excess. You can't do that with ETF or Syfe.

Since i'm on SCB PB 0.18% comms and no min comm, its quite easy for me to rebalance my 10 REIT holdings (down from 12 due to mergers...). REIT lovers should consider trying to get SCB PB so that you can manager your own REIT fund.
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Old 03-02-2020, 12:02 AM   #30
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A lot of REITs have rights issues/ placement shares and individual investors can apply excess that is basically 'free money' because the excess shares are at a lower price than market price. You can check out the various REITs threads to see you can get quite a lot of excess. You can't do that with ETF or Syfe.

Since i'm on SCB PB 0.18% comms and no min comm, its quite easy for me to rebalance my 10 REIT holdings (down from 12 due to mergers...). REIT lovers should consider trying to get SCB PB so that you can manager your own REIT fund.
What if theres rights issue after you pass away and your beneficiaries are not financially literate?
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