Roboadvisor: Stashaway vs Syfe

[dappermen]

Syfe updating our portfolio allocation as part of periodic rebalancing for Equity100.

This rebalancing will be carried out over the next few days. Once it is complete, the equity component of Core portfolios will track the allocation of Equity100 as well.

Why are the MCHI and KWEB ETFs being added?

These ETFs are being included to provide an enhanced exposure to China and Chinese tech stocks. We selected these sector and geographical factors using econometric and graphical screens, then validated their selection by back-testing these factors using our point-in-time algorithms.

With the Chinese market outperforming since last year, we believe the China and Chinese tech factors will not only provide additional diversification benefits but will continue to outperform going forward.

https://ci4.googleusercontent.com/p...sfinal/newe100allocation-990000079e04513c.PNG

 

[kurt111494]

I realised Syfe Core portfolios have exposure to Asia (mainly China), but the proportion of the portfolio is still quite small zzz.

Guess I'll have to look for an online brokerage account instead of a roboadvisor.

Syfe updating our portfolio allocation as part of periodic rebalancing for Equity100.

This rebalancing will be carried out over the next few days. Once it is complete, the equity component of Core portfolios will track the allocation of Equity100 as well.

Why are the MCHI and KWEB ETFs being added?

These ETFs are being included to provide an enhanced exposure to China and Chinese tech stocks. We selected these sector and geographical factors using econometric and graphical screens, then validated their selection by back-testing these factors using our point-in-time algorithms.

With the Chinese market outperforming since last year, we believe the China and Chinese tech factors will not only provide additional diversification benefits but will continue to outperform going forward.

https://ci4.googleusercontent.com/p...sfinal/newe100allocation-990000079e04513c.PNG

Just when I was about to look for some brokerage account for Asian exposure, Syfe squeezes it in here lol. Guess I'll continue focusing on Syfe then.

Was hoping for the Asian ones to be a separate portfolio by itself though...ohwells.

 

[JetStorm]

If you looking for China funds only I think Endowus has a FSSA Regional China Fund?

 

[dappermen]

Just when I was about to look for some brokerage account for Asian exposure, Syfe squeezes it in here lol. Guess I'll continue focusing on Syfe then.

Was hoping for the Asian ones to be a separate portfolio by itself though...ohwells.

If to sep asian ones then it is very high risk + volatility le, endowus is never cheap even w what rebates refunded!
I customised my own asian eg jp and indian funds w Esg focus funds w endowus just for fun, the flux is great and volatile ! Nevertheless the returns is 3%+ for abt 2mth+ by now

If you looking for China funds only I think Endowus has a FSSA Regional China Fund?

 

[Okenba]

Considering it says they update every six months, who knows if they will remove the China exposure in six months time.

 

[dappermen]

Considering it says they update every six months, who knows if they will remove the China exposure in six months time.

I dont thk so leh....

there is only two strong force to stay aside from the usual usa stocks: ie Esg and china!

 

[Okenba]

I dont thk so leh....

there is only two strong force to stay aside from the usual usa stocks: ie Esg and china!

Unfortunately, you're not Syfe's chief of investment leh.
They have touted equity100 as factor investing, and yet are changing their factors so frequently. It is basically now another unit trust with greater accessibility due to well developed software.

Like other unit trusts, the key thing as a buyer is that we trust the fund manager and believe in the direction that the fund is taking. Unfortunately, equity100 doesn't seem very settled on what direction it is taking right now...

 

[dappermen]

The robos will learn the hardway that the fans called the shot 1 day! (I recalled there is a robo closed shop in sg too, sorry i cannot rem its name, was quite famous too at one time)

fanbase of stashaway are squeezed when syfe came out w many fanciful portfolios! Lol!
My syfe eqtyis doing better than my eqty in SA btw
While it is stoopiak for syfe to be greedy to incld both kweb and msci china now (too much correlatn is not a gd news as they hve similarities) so like u say by half yr later, they might drop one (currently stashawy only has kweb but will be adding on new but impt trends of 2 new Esg etfs too) of the china-related etf! May or may nt be a gd thing , still too soon to concld....

so long syfe eqty100 will not squeeze in so many etfs at one go (in contrast w their core now greedily has so many stuff, less is more, more doesnt mean gd)

there will not be a perfect robo portfolio but so long they r not overly crafted with the redundant moves, i think i m still tolerable

Unfortunately, you're not Syfe's chief of investment leh.They have touted equity100 as factor investing, and yet are changing their factors so frequently. It is basically now another unit trust with greater accessibility due to well developed software.

Like other unit trusts, the key thing as a buyer is that we trust the fund manager and believe in the direction that the fund is taking. Unfortunately, equity100 doesn't seem very settled on what direction it is taking right now...

 

[alph4tang0]

Just to share, I invested in SYFE a few months ago and adopting DCA strategy.

Overall Yield is 3.15%

Breakdown as below
Equity100: 4.45%
REIT+: 2.01%.

This is so much better than putting the $$$ in the bank. Cheers and huat huat

 

[greythorne]

You

Just to share, I invested in SYFE a few months ago and adopting DCA strategy.

Overall Yield is 3.15%

Breakdown as below
Equity100: 4.45%
REIT+: 2.01%.

This is so much better than putting the $$$ in the bank. Cheers and huat huat

you didn’t put in Syfe Cash+?

 

[dappermen]

Just to share, I invested in SYFE a few months ago and adopting DCA strategy.

Overall Yield is 3.15%

Breakdown as below
Equity100: 4.45%
REIT+: 2.01%.

This is so much better than putting the $$$ in the bank. Cheers and huat huat

tks 4 sharing: but gd to place in a rough date or mth & may i confirm is the % stated time-wt return or just cumulatv return/ pf ret. (as they meant diff thg esp u DCA)?
Equity100: 4.45% (mth/time?)
REIT+: 2.01% (mth/time?)
u dca mthly?


Indeed it is definitely wld be better than FDs or bonds/bks or SYFE Core or cash+ !!!!!!!
Do note tht the % is inclusive of the dividends

 

[alph4tang0]

You

you didn’t put in Syfe Cash+?

Just saw on forum the rates dropped to 1.5% (from 1.75%)

https://forums.hardwarezone.com.sg/threads/syfe-cash-1-75-p-a.6433227/page-18
So I guess Equity & REIT still perform better

 

[alph4tang0]

tks 4 sharing: but gd to place in a rough date or mth & may i confirm is the % stated time-wt return or just cumulatv return/ pf ret. (as they meant diff thg esp u DCA)?
Equity100: 4.45% (mth/time?)
REIT+: 2.01% (mth/time?)
u dca mthly?


Indeed it is definitely wld be better than FDs or bonds/bks or SYFE Core or cash+ !!!!!!!
Do note tht the % is inclusive of the dividends

time-wt return, since 2021/Feb

yea, DCA monthly, 200 to each

 

[dappermen]

Just saw on forum the rates dropped to 1.5% (from 1.75%)



So I guess Equity & REIT still perform better

it is norml to drop !

just in a fw mth x, when i deposited w Singlife it dropped fr 2.5 to 2 to 1.5% now!

tht applies to SA Simple too - fr 1.9% to .... to 1.2% p.a . now

 

[kurt111494]

Unfortunately, you're not Syfe's chief of investment leh.
They have touted equity100 as factor investing, and yet are changing their factors so frequently. It is basically now another unit trust with greater accessibility due to well developed software.

Like other unit trusts, the key thing as a buyer is that we trust the fund manager and believe in the direction that the fund is taking. Unfortunately, equity100 doesn't seem very settled on what direction it is taking right now...

Ya bro you might be right...

Seems like overdiversifying a little hmmmm. Well, can only hang on for a few more months and see how it turns out

 

[rottingapple]

just an update.

stashaway started since dec 2020
2k in 22% risk - gain $104
2k in 18% risk - gain $57

syfe started since early Jan 2021
4k in eq100 - gain $290

 

[dappermen]

just an update.

stashaway started since dec 2020
2k in 22% - gain $104
2k in 18% - gain $57

syfe started since early Jan 2021
4k in eq100 - gain $290

Morning just to be consistent

is the $ sign in usd or sgd?
U didnt quote a % for syf
Are the returns quoted time-wt ret.?

 

[rottingapple]

Morning just to be consistent

is the $ sign in usd or sgd?
U didnt quote a % for syf
Are the returns quoted time-wt ret.?

both are in sgd.
the syfe is equity 100, what percentage u mean ah?
i dont calculate time weighted return cos i dunno how to calculate. all i know is... for the same amount i placed in syfe and stash within similar period, syfe gains twice as much.

 

[Okenba]

both are in sgd.
the syfe is equity 100, what percentage u mean ah?
i dont calculate time weighted return cos i dunno how to calculate. all i know is... for the same amount i placed in syfe and stash within similar period, syfe gains twice as much.

Portfolios are not equivalent. SA has a 36% risk I believe. That is probably closest to eqty100.
Bonds have been a drag so far this year.

 

[dappermen]

both are in sgd.
the syfe is equity 100, what percentage u mean ah?
i dont calculate time weighted return cos i dunno how to calculate. all i know is... for the same amount i placed in syfe and stash within similar period, syfe gains twice as much.

U dont hve to compute at all

syfe app provides u w the time wt return and the “portfolio return” in %...... too
Just copy them....

As of the diff risk level in stashwy , if u invested in its 36%, your returns might be comparable w the returns in syfe, as syfe is 100% eqty..... just that stashawy wasted so much in gold!