Syfe REIT+

[ekardo]

Time-weighted is for the advanced user. Default view should be based on simple return.

too bad there's no option to set as basic or advance view..

 

[gacl212004]

Hi guys, just to seek some comments / views from you guys. Appended underneath is the reply from Syfe customer support to my questions. Key concern is the "average price" of all units on hold, which I reckon is the wrong valuation method aginst NAV or portfolio return. Thanks

+++++++++++++++++++++++++++++++++++++++++++++
Thank you for your patience.

1)From your reply I understand there is NO first-in-first-out principle applicable on units to be transact when I opt for partial withdrawal
Yes that is correct because the units are held together based on the average purchase price.

2)Based on your earlier reply, am I correct to say that the Current Market Value (or NAV) is simply NOT an aggregation of respective unit in its most up-to-date trading price(s). Instead, based on the current most up to date trading price, it is computed as average price of all units held / acquired over time

Allow me to clarify the Current Market Value is based on the most recent price of the units. The Syfe dashboard will reflect the previous day's market closing price of the units invested.

When the withdrawal request is received, it will be:
Current Market Value - Average purchase price
= Returns on the investment that will be included in the withdrawal amount.

We hope this was able to provide more clarity.
If you have further queries, please feel free to contact us through Live Chat from Mondays to Fridays, 9 am to 6 pm or email us at support@syfe.com. For more information, please visit our Help Centre at https://help.syfe.com/hc/en-us.

Thank you.

Best regards,
Syfe Support Team

Hi all forum members, personally I think their calculation is wrong. According to them, the porfolio return is based on average price of all units on hold and subtract from current market value. The NAV of my portfolio should be an aggregation of all respective unit held in its most up-to-date trading price(s), not average price. If they are correct, then is it still worth to invest more units when market price flunctuate downward? The difference would then be very very negligble whenever I add fund to acquire more units. Looking forward to any comment. Thanks

 

[dappermen]

nt 4the Syfe Reits

 

[direbmem]

Hi all forum members, personally I think their calculation is wrong. According to them, the porfolio return is based on average price of all units on hold and subtract from current market value. The NAV of my portfolio should be an aggregation of all respective unit held in its most up-to-date trading price(s), not average price. If they are correct, then is it still worth to invest more units when market price flunctuate downward? The difference would then be very very negligble whenever I add fund to acquire more units. Looking forward to any comment. Thanks

I think Syfe is correct? Are u talking Abt NAV or return? Return = NAV - average price. Not correct?

 

[2474265]

thinking of buying more reit because this year was poor and i'm confident next year will finally overcome covid and recover

i already have reit+, but now there's also csop
csop is more expensive, or is there any reason why i should buy csop?

thanks

 

[dappermen]

gd move!!!!!!!!!

 

[dappermen]

discuss ov here @slapshocked (Wat a name)
i trust u didnt start w 35k but lesser in jan'21" since u been using dca method....total invested is now at 35k ...div i ve received to date is 700++ "
On ave assuming u lump sum 4 a yr u shd knw wat is the div yield per yr by Syfe right? ans pls

General S-REITs Discussion Thread

DBS didn't mention MCT Last financial reports with 3 mapletree reits, MCT got the 2nd best. :D

forums.hardwarezone.com.sg

Reits is abt dividends mainly the yield returns
then capital rets (Dont expect much in Short run esp 4 Sgx stks - b it blue chip or nt)

r u holding it 4 speculative or LT??

see its highest pt in Feb 2020 , how long will it take to reach such high? https://www.sgx.com/indices/products/sreitlsp#Product Information






Do u use your OA 4 invesmts? or planning to?

i dont thk ur qns r answrd too @ https://forums.hardwarezone.com.sg/threads/help-on-growing-wealth.6637235/#post-137823627 regd "benefits and disadvatanges of transfering OA to SA"

SA higher interests (higher by 1.5%) but irreversible - u sure u wanna

Many seem to recommend transferring money from CPF OA to SA for higher interest rates, what kind of people should do that?

I am still young and just started working, have not bought a house or anything yet. Can I move the money back from SA to OA if I need to use it?

seedly.sg

it cannot be used for other purposes such as education, hsing & some high risk invesmts etc

CPFB | CPF Investment Scheme options

Discover a range of investment options such as stocks and gold for your CPF savings so you can enhance your retirement savings.

www.cpf.gov.sg

The Pros and Cons of Transferring Your CPF OA to Your SA

Would this strategy of transferring money from your OA to your SA makes sense for your retirement plan?

www.dollarsandsense.sg

Here's Why I Chose To Transfer My CPF From OA To SA as a Young Adult

Should you transfer your CPF from our Ordinary Account (OA) to Special Account (SA) as a working adult? Here are some options to consider, and what are the things to take note of.

blog.seedly.sg

Investment products included under CPFIS
You can invest using your CPF savings from-	OA	Sa
Unit Trusts (UTs)	Yes	Yes Higher risk UTs are not included
Investment-linked insurance products (ILPs)	Yes	Yes Higher risk UTs are not included
Annuities	Yes	Yes
Endowment policies	Yes	Yes
Singapore Government Bonds (SGBs)	Yes	Yes
Treasury Bills (T-bills)	Yes	Yes
Exchange Traded Funds (ETFs)	Yes	No products currently available Higher risk ETFs are not included
Fund Management Accounts	Yes	No
Fixed Deposits (FDs)	No products currently available
Statutory Board Bonds	No products currently available
Bonds Guaranteed by Singapore Government	No products currently available
Up to 35% of investible savings (PDF, 0.1MB) can be invested in:
Shares	Yes	No
Property Funds	Yes	No
Corporate Bonds	Yes	No
Up to 10% of investible savings (PDF, 0.1MB) can be invested in:
Gold ETFs	Yes	No
Other Gold products (such as Gold certificates, Gold savings accounts, Physical Gold)	Yes	No

 

[slapshocked]

20k lumpsum start of the year. dca monthly. divident so far 700+ and currently negative $100... as my twa is -2.4%

 

[slapshocked]

so what should i do now? shd i stop.dca and reorganize my savings to diff investment instead???

 

[slapshocked]

my stashaway is doing badly now due to kweb, capital around 20k + and now losing around S$1.4. my SRS that i dca weekly $100 also doing badly. i have since stopped dca into stashaway equity since august.

syfe s-reit+ also doing badly so im planning to stop dca into reit and leave my capital there abt $35k and just let it accumulate divident (considering im getting $700 a year)

im planning to invest in endowus...since endowus is the best amongst all platform...

any advice???

 

[dappermen]

Too many qns


Sa if u wish, gave it all up

I gave up after close to 3yrs without loss but highly unsatisfied w it!!!!!! Not cos of returns ….

Reits is now time to dca but dont hve to b alot if u r not comfy
Now is the time!!!!!!

stashaway is doing badly now due to kweb, capital around 20k + and now losing around S$1.4. my SRS that i dca weekly $100 also doing badly. i have since stopped dca into stashaway equity since august.

syfe s-reit+ also doing badly so im planning to stop dca into reit and leave my capital there abt $35k and just let it accumulate divident (considering im getting $700 a year)

I have alrdy pm u

 

[Kojo0403]

my stashaway is doing badly now due to kweb, capital around 20k + and now losing around S$1.4. my SRS that i dca weekly $100 also doing badly. i have since stopped dca into stashaway equity since august.

syfe s-reit+ also doing badly so im planning to stop dca into reit and leave my capital there abt $35k and just let it accumulate divident (considering im getting $700 a year)

im planning to invest in endowus...since endowus is the best amongst all platform...

any advice???

it’s hard to give a call based on 1-2 yr performance.

What happens if Endowus underperform syfe and stashaway over next 3 years? then the same topic will start again and all investors flock to the other side.

The issue is when you invest into a robo advisor, you are entrusting your monies to them. There is no guarantee that their strategy or even methodology won’t change overtime. Neither there is a guarantee that they will outperform a broad base index like S&P500.

But they do need to have a strategy/ pitch and market it as one that is time proven. Again, it’s proven based on past results.

There is why passive investment has grown so fast over last decade and ETFs is now close to $10trillion globally. In fact retail investors make up 40% of ETF market in US.

End of the day it’s a zero sum game between the fund managers. you buy and i sell today, you sell and i buy tomorrow.

It is possible for a fund manager to consistently outperform the market. But it’s hard to know which one and certainly harder if your time horizon is over 30yrs.

Btw i am a client of StashAway and remain as one though they have been under performing major market indices this year. This is because I do agree with their view on inflationary market and their holdings in energy, gold, REIT etc makes sense to me. Their allocation of 20% to KWEB (though i would choose HST if possible) align to what i personally would like to allocate into china tech stocks as well.

Investment advisers surpass retail as biggest holders of US-listed ETFs

Retail ownership slips below 40% as institutional investors begin using products to build portfolios

www.ft.com

 

[slapshocked]

it’s hard to give a call based on 1-2 yr performance.

What happens if Endowus underperform syfe and stashaway over next 3 years? then the same topic will start again and all investors flock to the other side.

The issue is when you invest into a robo advisor, you are entrusting your monies to them. There is no guarantee that their strategy or even methodology won’t change overtime. Neither there is a guarantee that they will outperform a broad base index like S&P500.

But they do need to have a strategy/ pitch and market it as one that is time proven. Again, it’s proven based on past results.

There is why passive investment has grown so fast over last decade and ETFs is now close to $10trillion globally. In fact retail investors make up 40% of ETF market in US.

End of the day it’s a zero sum game between the fund managers. you buy and i sell today, you sell and i buy tomorrow.

It is possible for a fund manager to consistently outperform the market. But it’s hard to know which one and certainly harder if your time horizon is over 30yrs.

Btw i am a client of StashAway and remain as one though they have been under performing major market indices this year. This is because I do agree with their view on inflationary market and their holdings in energy, gold, REIT etc makes sense to me. Their allocation of 20% to KWEB (though i would choose HST if possible) align to what i personally would like to allocate into china tech stocks as well.

Investment advisers surpass retail as biggest holders of US-listed ETFs

Retail ownership slips below 40% as institutional investors begin using products to build portfolios

www.ft.com

Thank you.

Mind to share what are you strategy now?

Continue dca into stashaway despite the returns?

As i mentioned i am currenly dca my SRS weekly $100 and have stop dca in my stashaway which is left untouch about 20k capital and losing around $1.8k.

Reason is i dont want to catch a falling knife so i rebalance my investment to REITS is SYFE and Syfe Equity 100.

 

[Kojo0403]

Thank you.

Mind to share what are you strategy now?

Continue dca into stashaway despite the returns?

As i mentioned i am currenly dca my SRS weekly $100 and have stop dca in my stashaway which is left untouch about 20k capital and losing around $1.8k.

Reason is i dont want to catch a falling knife so i rebalance my investment to REITS is SYFE and Syfe Equity 100.

actually my core investment are in ETFs. mixture of US (mainly for growth) and SGX ones (mainly for reits/bonds or some china).


Just allocate a few hundred to stashaway every month. As much as i am aligned with their strategy- not comfortable to have entire portfolio based on their strategy lol.

 

[slapshocked]

actually my core investment are in ETFs. mixture of US (mainly for growth) and SGX ones (mainly for reits/bonds or some china).


Just allocate a few hundred to stashaway every month. As much as i am aligned with their strategy- not comfortable to have entire portfolio based on their strategy lol.

what platform do you use for etf investments?

 

[Kojo0403]

Thank you.

Mind to share what are you strategy now?

Continue dca into stashaway despite the returns?

As i mentioned i am currenly dca my SRS weekly $100 and have stop dca in my stashaway which is left untouch about 20k capital and losing around $1.8k.

Reason is i dont want to catch a falling knife so i rebalance my investment to REITS is SYFE and Syfe Equity 100.

i feel that your concern is don’t know whether stashaway strategy would work over the long run. in this case you should just buy a passive index fund.

what platform do you use for etf investments?

ifast.. but been tempted to switch to moomoo.
probably will do that soon with all the freebies and low fees.

Just keep ifast for srs and cpfis investmentsx

 

[s0crates]

it’s hard to give a call based on 1-2 yr performance.

What happens if Endowus underperform syfe and stashaway over next 3 years? then the same topic will start again and all investors flock to the other side.

The key difference is that

1. Endowus still largely has an index benchmarking strategy (look at their core/ESG allocation, it's mainly either small cap tilt and geographical/sector agnostic) but stashaway/syfe actively bets on sectors and geographies

2. Stashaway/ Syfe FORCES you to change allocation, while Endowus allows you to reject their proposed changed allocation. You can stick to their current passive approach if you

Portfolio changes recommended for Advised Portfolios & Cash Smart

The Endowus investment office has recommended changes to our advised portfolios, including Cash Smart Ultra. Learn how we execute it.

endowus.com

Also, don't forget stashaway/Syfe usage of US ETFs and fractionalisation lead to many issues

1. Dividend withholding tax inefficiency Vs ucits
2. FX conversion cost
3. Holding on to cash balance leading to smaller investment amount
4. Lower safety/security of assets as everything is held in one custodian account.

Over the long term, I see Endowus handily beating stashaway/syfe because of these efficiency, albeit small over the short term. Also helps that they have CPF so obviously they are doing something right that got indirect endorsement from government.

Seriously idk why anyone who knows abit with investing would want to use other robos lol.

 

[dappermen]

3. Holding on to cash balance leading to smaller investment amount

it is not bad
endowus has to keep nagging at me to ensure there r cash in it to be deducted for mgt fees
So i rather hold

 

[revhappy]

The key difference is that

1. Endowus still largely has an index benchmarking strategy (look at their core/ESG allocation, it's mainly either small cap tilt and geographical/sector agnostic) but stashaway/syfe actively bets on sectors and geographies

2. Stashaway/ Syfe FORCES you to change allocation, while Endowus allows you to reject their proposed changed allocation. You can stick to their current passive approach if you

Portfolio changes recommended for Advised Portfolios & Cash Smart

The Endowus investment office has recommended changes to our advised portfolios, including Cash Smart Ultra. Learn how we execute it.

endowus.com

Also, don't forget stashaway/Syfe usage of US ETFs and fractionalisation lead to many issues

1. Dividend withholding tax inefficiency Vs ucits
2. FX conversion cost
3. Holding on to cash balance leading to smaller investment amount
4. Lower safety/security of assets as everything is held in one custodian account.

Over the long term, I see Endowus handily beating stashaway/syfe because of these efficiency, albeit small over the short term. Also helps that they have CPF so obviously they are doing something right that got indirect endorsement from government.

Seriously idk why anyone who knows abit with investing would want to use other robos lol.

Regarding the CPF eligibility for Endowus, that is mainly because they are unit trusts which are SG domiciled. So the eligibility is mainly due to the instruments and not because it is Endowus. You can buy same/similar unit trusts on FSM, Dollardex or Poems and be CPF eligible.

 

[dappermen]

You can buy same/similar unit trusts on FSM, Dollardex or Poems and be CPF eligible.

this is true
but some of the UTs, r not avail @ FSM

FSM has quarterly fees