Roboadvisor: Stashaway vs Syfe

[twosix]

 

[ekardo]

Hi guys, if I have 200k cash and 200k CPF, which robo advisor would you recommend?

would you advise to do DCA and invest like 2k per month instead of lump sum?

What is the lag time for sales/withdrawal and $ to be credited back to my bank?

 

[Mr. Wood]

Hi guys, if I have 200k cash and 200k CPF, which robo advisor would you recommend?

would you advise to do DCA and invest like 2k per month instead of lump sum?

What is the lag time for sales/withdrawal and $ to be credited back to my bank?

if robos only, CPF only endowus can. to minimise CPF transaction fees, i wud prefer lumpsum.
heard it takes abt 1 wk after giv a sell instruction to credit back to the CPF agent bank.

for cash endowus, syfe, stashaway all can. personally hav both syfe and stashaway. both v fast 2-3 days credit back to bank. for cash, i prefer DCA to smooth out the price fluctuations. somemore it is automated, i juz set standing instructions and forget abt it.

i think all 3 the robos are decent. depends whether u hav any preference in investing philosophy or mechanism. personally i dun like endowus for some reason other than their investments.

 

[ekardo]

are they trading in USD or SGD?

 

[gold_eagle36]

Endowus invests in Sgd based funds

Stashaway syfe global portfolio mainly usd based etf. But when u deposit Sgd it gets converted to usd automatically for investment at good fx rate. Thus not a problem.

 

[duhduhduh]

My 6 months journey in SA SRI 36% ended with very pathetic returns. Though I understand the importance of long term investment, but I can't find a reason to convince me to continue with SA. Furthermore, the fee is higher than Syfe too.

Those who started investing with SA months after the market has recovered from the market crash in March 2020 probably won't see such high returns at all. Just like my case.

Surprised to see that the reoptimisation SRI 36% portfolio still has 20% invested in KWEB and has added in 10% for iShares MSCI Australia ETF (EWA).

How much returns are you getting from SA now?

 

[duhduhduh]

KWEB is getting a bit hit because of the underlying ADR

 

[ekardo]

Endowus invests in Sgd based funds

Stashaway syfe global portfolio mainly usd based etf. But when u deposit Sgd it gets converted to usd automatically for investment at good fx rate. Thus not a problem.

no matter how good the fx rate is, there is still another factor of variation...there are times where stock perform well but US$ are super strong too, dampening the profit..

 

[imbecilelight]

How much returns are you getting from SA now?

I've already closed my SA SRI 36%. My return is only 1.2% only.

For the past couple of months, KWEB is a falling knife and its 20% allocation certainly doesn't help. 20% allocation on Gold is hopeless as well.

 

[dappermen]

My 6 months journey in SA SRI 36% ended with very pathetic returns. Though I understand the importance of long term investment, but I can't find a reason to convince me to continue with SA. Furthermore, the fee is higher than Syfe too.

Those who started investing with SA months after the market has recovered from the market crash in March 2020 probably won't see such high returns at all. Just like my case.

Surprised to see that the reoptimisation SRI 36% portfolio still has 20% invested in KWEB and has added in 10% for iShares MSCI Australia ETF (EWA).

u made a gd choice, m cashg out Mine soon!!! Somehw they dont feel ashamed or oblivious w wat is happeng or is It More pumping into SA

Some see it the best time to buy / Dca into Kweb though! but i thk it is how SA who mgt the FUnds makes me re ponder

 

[twosix]

It is obvious china will continue to clamp down on china companies listing in usa, even SA CIO acknowledged it, so dunno why they still want to hold on to kweb so dearly. i dun see any growth in kweb for the near future. sigh...

but at least they have reduced the gold exposure in the re-opt.

 

[gold_eagle36]

Well it's long term vs short term. Only time will tell. Haha

 

[twosix]

Continue to lose while waiting for kweb to recover or invest kweb when it is recovering? I already know the answer. Haha.

 

[imbecilelight]

Their reoptimisation kinda go against my interpretation of investing for the long term as the changes that they have made to the assets in the portfolio are a little too drastic.

Imagine that for the next reoptimisation, they are also going to remove a few existing assets and add in a few new ones. And if this keeps repeating, then it's more like they have consistently selected the wrong assets to invest in and have no long term confidence in the growth of the assets that they have picked.

 

[imbecilelight]

Some see it the best time to buy / Dca into Kweb though! but i thk it is how SA who mgt the FUnds makes me re ponder

I do believe that China tech will eventually do well in the longer term, but would prefer SA to lower their allocation on KWEB to 10% for now rather than maintaining the same 20% allocation. The 10% could be split and allocated to other assets to tap on their potential growth rather than still so heavily weighted on China tech.

 

[dappermen]

Imagine that for the next reoptimisation, they are also going to remove a few existing assets and add in a few new ones. And if this keeps repeating, then it's more like they have consistently selected the wrong assets to invest in and have no long term confidence in the growth of the assets that they have picked.

agree... SYfe did tt too!!!!!!!

 

[dappermen]

Here is a breakdown of the asset allocation of the 36% SRI portfolio - Where is the promised ESG?

iShares MSCI Australia ETF (EWA US): 10% (this allocation to Australian equities came as part of a broader inflation-protection measure.

Sa’ve maintained our portfolios’ previous level of protection against the dilution of fiat money with Gold. But now, also broadened our inflation-protection assets beyond just Gold. Specifically, Sa ’ve increased our allocation to assets that can both seize the growth opportunities in the new economic regime and maintain inflation protection. To do this, Sa made new equity allocations to commodity-exporting countries, such as Australia that could benefit and protect your portfolio in a high inflation environment. )


iShares Core S&P Small-Cap ETF (IJR US): 10%

Consumer Staples Select Sector (XLP US): 16%

SPDR Energy Select Sector ETF (XLE US): 10%

KraneShares CSI China Internet ETF (KWEB US): 20%

iShares Core U.S. Aggregate Bond ETF (AGG US): 8.5%

Vanguard Real Estate ETF (VNQ US): 7.7%

Vanguard Global ex-U.S. Real Estate ETF (VNQI US): 12.3%

SPDR Gold Trust (GLD US): 4.5%

Cash allocation: 1%

 

[ekardo]

how come when I am reading this post, it's more like anti robo investment...seems like the return is bad? or only those with bad performance are commenting here?

 

[dappermen]

it is all in your mind

 

[Kojo0403]

how come when I am reading this post, it's more like anti robo investment...seems like the return is bad? or only those with bad performance are commenting here?

actually couple of comments here are dissecting into the asset allocation of SA. I guess it’s a good development with individual having own thoughts on their preference towards asset allocation.

End of the day be it Syfe, SA or Endowus, they have different approaches towards asset allocation and most likely when they started their business, they have done some back testing over the past few financial crisis to make sure that they are able to show above market returns i.e 1 broad base equities ETf + 1 broad base bond ETF (from 100%:0% to 0%:100% allocation)

There is no way to predict which of these 3 can do better in 10, 20 or 30 years. End of the day it’s still a leap of faith or common belief when your choose to invest into one or more of them.

If your prefer not to invest based on faith or do not share common belief, just DIY. Buy one or couple of broad-based index etf yourself.