SRS Portfolio

[assiak71]

Hi, would like to ask the experts here. How is your SRS portfolio like and why?

First of all is it 100% invested (i.e. no cash) or some cash, and why?

Secondly for the invested, what do you invest in? Individual stocks? ETFs? Unit trustd?

For example, if you invest in individual stocks/reits, do you hold some cash in case of rights issue?

Finally mentally do you treat your srs portfolio as a standalone portfolio isolated from your cash portfolio, or do you sum it together when considering the asset allocation?

Thats it for now. Thanks.

 

[tangent314]

IMO there are only two things worth investing in with SRS.

1. STI ETF
2. Lion Global All Seasons Fund (Growth), or Lion Global Infinity Global Stock Index Fund

What I currently do is to purchase STI ETF in lump sums, then use the leftover balance to purchase the UT. Whenever I receive dividends from STI ETF I use that to purchase the UT. The idea is to avoid having any balance in the SRS account.

My portfolio considerations always include everything together - cash, srs and cpf

 

[JuniorLion]

IMO there are only two things worth investing in with SRS.

1. STI ETF
2. Lion Global All Seasons Fund (Growth), or Lion Global Infinity Global Stock Index Fund

What I currently do is to purchase STI ETF in lump sums, then use the leftover balance to purchase the UT. Whenever I receive dividends from STI ETF I use that to purchase the UT. The idea is to avoid having any balance in the SRS account.

My portfolio considerations always include everything together - cash, srs and cpf

I did the Lion Global Infinity S&P500 fund.

 

[BBCWatcher]

Singapore Government Securities (SGSes), including SSBs, are occasionally useful within a Supplementary Retirement Scheme account. For example, if you’re getting near your first withdrawal, a government bond might be a good fit. MBH could also be handy.

Life annuities are sometimes useful, too.

 

[limster]

2. Lion Global All Seasons Fund (Growth),

When it first launched it looked good. I am planning to invest but I also don't want to be an early adopter. If a fund can't even hit $100m size, its at risk of closing down....

(1) Fund size - small and also unable to grow? I've been monitoring the monthly factsheets, the fund is too small and if unable to grow, might be shut down.

(2) Ability of their Fixed income fund managers - study the fixed income funds carefully. I have serious doubts.

 

[sunbox]

OCBC is promoting great eastern endowment plan 5 using SRS. I went for single premium purchase of it last year which has locked the money for 15 years. SSB seems to be the safest and best option today.

 

[badsector]

For those on DBS, which UT purchased using SRS fund?

 

[compro_1975]

i am on ocbc, any good advise? for now my srs treasure is ready to burst.... any good ideas?

 

[naro]

https://finance4uandme.com/2018/12/04/idea-for-long-term-investment-your-srs-money/

I wrote about this at the end of last year.

Lion Global UTs can be considered.

Personally, i use OCBC BCIP to buy G3B.

 

[foozgarden]

IMO there are only two things worth investing in with SRS.

1. STI ETF
2. Lion Global All Seasons Fund (Growth), or Lion Global Infinity Global Stock Index Fund

What I currently do is to purchase STI ETF in lump sums, then use the leftover balance to purchase the UT. Whenever I receive dividends from STI ETF I use that to purchase the UT. The idea is to avoid having any balance in the SRS account.

My portfolio considerations always include everything together - cash, srs and cpf

2. Lion Global All Seasons Fund (Growth), or Lion Global Infinity Global Stock Index Fund
whats the reason for choosing this?

 

[JuniorLion]

2. Lion Global All Seasons Fund (Growth), or Lion Global Infinity Global Stock Index Fund
whats the reason for choosing this?

His rationale:
Low cost, well-diversified.

 

[assiak71]

So far seems like the concensus is dont do individual stocks. Meaning use etf and UT. Or even stashaway.

For most people in 30s and 40s, should go for growth? So just 100% equities in srs?

 

[tangent314]

(1) Fund size - small and also unable to grow? I've been monitoring the monthly factsheets, the fund is too small and if unable to grow, might be shut down.

If there are more adopters, then it will grow. But really, funds close down for various reasons, and I don't think there's an arbitrary 'minimum NAV' of $100M where they will close down, it depends on what they spend the underlying on, and generally there's a higher chance of closing down if underlying is non diversified and made up of smaller caps.

If it closes down, it's no big deal. You will get your money back or it will be merged. Just pick the next better investment if that happens.

For those on DBS, which UT purchased using SRS fund?

Open a Poems or a DollarDex account and use that for UTs.

i am on ocbc, any good advise? for now my srs treasure is ready to burst.... any good ideas?

If you have an OCBC securities account, you can use that to purchase ES3. Otherwise, open an account with any online broker (compare them first) to purchase ES3. Or open an account with Poems or DollarDex if you want to purchase the UTs I have mentioned.

2. Lion Global All Seasons Fund (Growth), or Lion Global Infinity Global Stock Index Fund
whats the reason for choosing this?

These funds invest in passive managed products that are globally diversified, so have much lower costs than the usual actively managed UTs that usually don't outperform passive funds.

So far seems like the concensus is dont do individual stocks. Meaning use etf and UT. Or even stashaway.

For most people in 30s and 40s, should go for growth? So just 100% equities in srs?

Yes. If you are using SRS, your CPF accounts should be fairly fat which gives you a healthy bond percentage of your portfolio so you can concentrate your SRS on equities.

 

[warr]

A question on the index fund or broad market ETF available to SRS:
besides SPDR STI ETF, Lion Global Infinity series (3 of them for SRS),
are there other Index Fund or Index ETF available for SRS?

my search showed me it is very limited, and I didn't find others, since those USD-based ETFs or those in foreign markets are out of touch for SRS.

thanks.

 

[tangent314]

I believe most, if not all, the SGD ETFs listed on SGX should be available for SRS.

For UTs, you can filter for SRS purchasable ones on Poems or DollarDex. Many of the foreign currency ones have SGD equivalents.

 

[bullshitregister]

Rather than letting cash sit in the bank idling (or earning a super low rate), thought it's a good idea to put it into a money market fund to earn at least some interest. Fullerton SGD Cash Fund A SGD is open to SRS monies.

 

[w1rbelw1nd]

I am waiting for some of the new robo advisors to come up with something. Yes Sgx stuff is rubbish.

A question on the index fund or broad market ETF available to SRS:
besides SPDR STI ETF, Lion Global Infinity series (3 of them for SRS),
are there other Index Fund or Index ETF available for SRS?

my search showed me it is very limited, and I didn't find others, since those USD-based ETFs or those in foreign markets are out of touch for SRS.

thanks.

 

[BBCWatcher]

Rather than letting cash sit in the bank idling (or earning a super low rate), thought it's a good idea to put it into a money market fund to earn at least some interest. Fullerton SGD Cash Fund A SGD is open to SRS monies.

Singapore Government Securities (SGSes) such as SSBs and T-bills are probably better in this role. Yes, you can buy T-bills and other SGSes using SRS funds. It typically requires a trip to a bank branch and pestering a senior bank employee or manager to find the right paper form (which exists, at all three SRS custodians), but it can be done and has been done. SSBs are easier lately.

 

[assiak71]

Interested to hear more what people allocate in their srs portfolio, in consideration with their cash portfolio.

Eg do you do 80/20 in srs, same as 80/20 in cash portfolio,
Or do you do 80/20 for (cash + srs) portfolio, and then within srs its 100% equities?
Next how do you slice within srs ? Same/different % as cash portfolio? Same/different funds/stocks/bonds as cash portfolio?

Thanks.

 

[assiak71]

I am waiting for some of the new robo advisors to come up with something. Yes Sgx stuff is rubbish.

Stashaway not good enough for you? I wonder if autowealth and smartly are doing anything to be included in srs