Roboadvisor: Stashaway vs Syfe

[xtwis7]

Stashaway’s SRS selection is more restricted?

 

[assiak71]

Updated!
Stashaway now in the lead

I think just update every end of month will do

 

[tutonic]

Stashaway’s SRS selection is more restricted?

Nope. You can invest in whatever portfolio risk profile you wish in stashaway via SRS.

 

[assiak71]

Any syfe users can comment if the exact etf holdings and % of each can be seen for your portfolio? Thks

 

[jeezycheezy]

Yes, it can be seen under the Asset composition statement!

Any syfe users can comment if the exact etf holdings and % of each can be seen for your portfolio? Thks

 

[duststorm]

Yes, can be seen

Any syfe users can comment if the exact etf holdings and % of each can be seen for your portfolio? Thks

 

[spiritGate]

I want. PM me the referral link please and your hp no. They need it for some reasons

Paiseh just saw the msg, guess you already have the referral link. Anyone else need do let me know. I will check here again tmr

 

[assiak71]

Syfe updated their portfolio returns till 31 Dec 2019

These are the 2019 returns in USD before fees (includes backtested result as they didn't start from the beginning of 2019):

5% DR - 9.95%
7% DR - 13.39%
9% DR - 15.81%
11% DR - 17.43%
13% DR - 18.82%
15% DR - 21%
17% DR - 22.26%
19% DR - 23.37%
21% DR - 24.75%
23% DR - 24%
25% DR - 24.47%

Any 2019 figures for StashAway?

 

[WoShiPro]

Stashaway high gold portion seems to help when US equities is now down due to US-Iran issues.

 

[tutonic]

Stashaway high gold portion seems to help when equities is now down.

That's the purpose of gold, since it's generally counter-cyclical mah. When stocks are doing well, gold tends to suffer, but it helps insulate some of the downside when stocks tank since gold will help carry a bit (which is why I prefer stashaway's makeup instead of syfe, even though syfe might give higher returns on average). I'm more on the risk-averse side of things.

 

[WoShiPro]

That's the purpose of gold, since it's generally counter-cyclical mah. When stocks are doing well, gold tends to suffer, but it helps insulate some of the downside when stocks tank since gold will help carry a bit (which is why I prefer stashaway's makeup instead of syfe, even though syfe might give higher returns on average). I'm more on the risk-averse side of things.

Yeah. Few days ago I was very tempted to change my risk level as my portfolio gold portion was -5% while equities was +5-10%

After the gold rally last week. Now gold has break even and is currently bullish trend.

 

[assiak71]

Bogleheads seem to prefer to keep gold to around 5% though.

 

[remoir]

I am doing some research on estate tax for roboadvisor. Saw a question posted at seedly on estate tax for us assets.

The U.S. imposes a 40% estate tax rate on U.S. assets above a $60,000 exemption threshold on assets of the deceased nonresidents.

Is this true for US listed ETF?

 

[CaptainWu]

I believe should be the same for ETF. This is always a question I can't get a definite answer, not only Robot but also other similar investment invokes US tax. I asked SCB before as understand what their cash account shares brought are not under our name, still they couldn't answer but direct me to my own Tax specialist.

I am doing some research on estate tax for roboadvisor. Saw a question posted at seedly on estate tax for us assets.

The U.S. imposes a 40% estate tax rate on U.S. assets above a $60,000 exemption threshold on assets of the deceased nonresidents.

Is this true for US listed ETF?

 

[2474265]

You are not facing any issues with estate tax in the case of Syfe and Stashaway. Due to their fund management license they are operating with an omnibus structure, therefore US estate tax are not applicable.

US estate tax will only be applicable for companies such as Autowealth who work with a Financial Advisor license.

I am doing some research on estate tax for roboadvisor. Saw a question posted at seedly on estate tax for us assets.

The U.S. imposes a 40% estate tax rate on U.S. assets above a $60,000 exemption threshold on assets of the deceased nonresidents.

Is this true for US listed ETF?

 

[Han Shot First]

You are not facing any issues with estate tax in the case of Syfe and Stashaway. Due to their fund management license they are operating with an omnibus structure, therefore US estate tax are not applicable.

US estate tax will only be applicable for companies such as Autowealth who work with a Financial Advisor license.

What about US estate tax (i.e. does it apply?) for US stock or US-domiciled ETF bought through a broker such as FSMOne, SCB or Interactive Brokers?

 

[tutonic]

What about US estate tax (i.e. does it apply?) for US stock or US-domiciled ETF bought through a broker such as FSMOne, SCB or Interactive Brokers?

It only takes a minute to search for their license type on MAS website, then you can know already..

 

[remoir]

How is the mas license held by the companies related to the question of US Estate Tax? I am confused.

 

[2474265]

Syfe and Stashaway are fund management companies. It's similar to the setup of a ultra-high-net-worth individual who would hold her/his US equities through a legal entity, the legal entity is alive even when s/he passes on and therefore no US estate tax.

How is the mas license held by the companies related to the question of US Estate Tax? I am confused.

 

[jacqlow396]

Collection of NRIC

Hi All,

Can anyone advise about the rationale and safety with SYFE and Stashaway asking for copies of my NRIC?

Is it safe for me to provide the copy to them? Sorry about being mountain tortoise for asking this.