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 |
I have alrdy pm ustashaway 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)
it’s hard to give a call based on 1-2 yr performance.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???
Thank you.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.
https://www.ft.com/content/792e3e98-5848-4a6c-bdff-07bb2cc660f6
actually my core investment are in ETFs. mixture of US (mainly for growth) and SGX ones (mainly for reits/bonds or some china).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.
what platform do you use for etf investments?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.
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.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.
ifast.. but been tempted to switch to moomoo.what platform do you use for etf investments?
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.
it is not bad3. Holding on to cash balance leading to smaller investment amount
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.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
https://endowus.com/insights/recommended-portfolio-change-service/
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.
this is trueYou can buy same/similar unit trusts on FSM, Dollardex or Poems and be CPF eligible.
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
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.
b it Endowus or FSM, u can buy in 500sgd at least
depends on the funds too
Most shd be ok