Syfe Robo advisor thread

[assiak71]

Using both stashaway and syfe. I would say both are comparable in terms of turn around. Maybe stashaway just a little faster. Stashaway AUM is quite a bit higher.
Chose stashaway first because of the app UI, but now that syfe have it's own App, the gap for closer

Posted from PCWX using Redmi K20 Pro

What are the AUM figures and how do you know?

 

[Han Shot First]

Read more on stashaway and syfe. They have been out for some time, especially stashaway which is the most popular currently

Already have. Thanks.

My understanding is that StashAway's methodology is to do Tactical Asset Allocation. They gave their TAA a fancy name: ERRA - Economic Regime-based Asset Allocation. Most popular does not mean StashAway will provide good returns (relative to other investment alternatives). Most popular does mean that StashAway's marketing is awesome .

Syfe reit+ should give stashaway a run for their money though

Why do you say that Syfe REIT+ should give StashAway a run for their money?

 

[assiak71]

Already have. Thanks.

My understanding is that StashAway's methodology is to do Tactical Asset Allocation. They gave their TAA a fancy name: ERRA - Economic Regime-based Asset Allocation. Most popular does not mean StashAway will provide good returns (relative to other investment alternatives). Most popular does mean that StashAway's marketing is awesome .



Why do you say that Syfe REIT+ should give StashAway a run for their money?

Singaporeans are just crazy over real estate / reits

Syfe is smart to prey on this to grow aum

 

[silverbomb]

Syfe has already done once rebalancing for me last week as it was 'overperforming' so it went to rebalance it to keep within std deviation range of my downside risk of 19%.

 

[Han Shot First]

Singaporeans are just crazy over real estate / reits

Syfe is smart to prey on this to grow aum

True, true. At least Syfe knows its target audience / market well .

 

[Han Shot First]

Syfe has already done once rebalancing for me last week as it was 'overperforming' so it went to rebalance it to keep within std deviation range of my downside risk of 19%.

Could you post the asset class ETFs and asset allocation for downside risk of 19% portfolio?

So when you say rebalance, you mean Syfe sold off equity ETFs to buy bond ETFs?

 

[s0crates]

Well we should run a poll to see if people view stashaway as trading or investing...

Already have. Thanks.

My understanding is that StashAway's methodology is to do Tactical Asset Allocation. They gave their TAA a fancy name: ERRA - Economic Regime-based Asset Allocation. Most popular does not mean StashAway will provide good returns (relative to other investment alternatives). Most popular does mean that StashAway's marketing is awesome .



Why do you say that Syfe REIT+ should give StashAway a run for their money?

 

[assiak71]

Could you post the asset class ETFs and asset allocation for downside risk of 19% portfolio?

Its available on their website to see. Go to the risk analyzer then next until enter any email address to see it

 

[Han Shot First]

In the comparison of graphs of Syfe Portfolio and Morningstar benchmark, Syfe states in light gray print on a white background (which makes it difficult to read):
"Does not exclude management fees for easy comparison with benchmark."
(Bold text are mine.)

So if one eliminates Syfe's use of double negatives, this disclaimer actually means:
"Does include management fees for easy comparison with benchmark."

For example, for Syfe Portfolio - 19% Downside Risk, the Ann. 15Y Return is stated as 8.3%. This still includes Syfe management fees, right?

So by deduction, the Net or Real Ann. 15Y Return is actually 7.5% (= 8.3% - 0.65% - 0.15%), right? Because one needs to deduct Syfe management fees (of 0.65%) and the weighted TER of the ETFs (estimated as 0.15% by Syfe).

If one takes into account the fees, then it seems that all Syfe Portfolios underperform their respective Morningstar benchmarks. So the obvious next question would be: Is there any way to buy or invest in the Morningstar benchmarks directly instead of going through Syfe because Syfe portfolios underperform the benchmarks anyway after accounting for fees? Makes no sense to pay the middleman .

 

[assiak71]

I have asked syfe before. The performance figures do not include management fee. So just minus 0.40%. Can just assume you have at least 100k, why use 0.65%

Dont need to minus etf ter again because the performance figures are surely from the performance of the etfs. Why would they use the performance of the etfs' indices instead

So just minus 0.4%

 

[smoothtalker]

In the comparison of graphs of Syfe Portfolio and Morningstar benchmark, Syfe states in light gray print on a white background (which makes it difficult to read):
"Does not exclude management fees for easy comparison with benchmark."
(Bold text are mine.)

So if one eliminates Syfe's use of double negatives, this disclaimer actually means:
"Does include management fees for easy comparison with benchmark."

For example, for Syfe Portfolio - 19% Downside Risk, the Ann. 15Y Return is stated as 8.3%. This still includes Syfe management fees, right?

So by deduction, the Net or Real Ann. 15Y Return is actually 7.5% (= 8.3% - 0.65% - 0.15%), right? Because one needs to deduct Syfe management fees (of 0.65%) and the weighted TER of the ETFs (estimated as 0.15% by Syfe).

If one takes into account the fees, then it seems that all Syfe Portfolios underperform their respective Morningstar benchmarks. So the obvious next question would be: Is there any way to buy or invest in the Morningstar benchmarks directly instead of going through Syfe because Syfe portfolios underperform the benchmarks anyway after accounting for fees? Makes no sense to pay the middleman .

Still got.. 0.1% x2 for currency conversion and the 1% cash if it matters..

 

[2474265]

In the comparison of graphs of Syfe Portfolio and Morningstar benchmark, Syfe states in light gray print on a white background (which makes it difficult to read):
"Does not exclude management fees for easy comparison with benchmark."
(Bold text are mine.)

So if one eliminates Syfe's use of double negatives, this disclaimer actually means:
"Does include management fees for easy comparison with benchmark."

For example, for Syfe Portfolio - 19% Downside Risk, the Ann. 15Y Return is stated as 8.3%. This still includes Syfe management fees, right?

So by deduction, the Net or Real Ann. 15Y Return is actually 7.5% (= 8.3% - 0.65% - 0.15%), right? Because one needs to deduct Syfe management fees (of 0.65%) and the weighted TER of the ETFs (estimated as 0.15% by Syfe).

If one takes into account the fees, then it seems that all Syfe Portfolios underperform their respective Morningstar benchmarks. So the obvious next question would be: Is there any way to buy or invest in the Morningstar benchmarks directly instead of going through Syfe because Syfe portfolios underperform the benchmarks anyway after accounting for fees? Makes no sense to pay the middleman .

Show me one way to track that index at the cost of Syfe (you probably can with some private bank who will charge you 1.5-2%).

If you DIY, it will rather cost more than less and therefore Syfe's performance will look better compared to you than how it does vs the benchmark (just the FX will already be 5x)

 

[len555]

My REIT portfolio has 5.4% cash composition and global portfolio 7.8%.

Are these normal??

 

[2474265]

My REIT portfolio has 5.4% cash composition and global portfolio 7.8%.

Are these normal??

No, usually it's only about 2%. When did you invest? They buy the securities always in 2 steps (most on day 1 and then again on day 2), not sure why.

 

[len555]

Thanks. I'll give it some time then. Both early this week (Mon) sent both Paynow and bank transfer to see which is faster (paynow processed faster). Now, it stands as REIT cash 3.1%, global portfolio cash 4.4%.

No, usually it's only about 2%. When did you invest? They buy the securities always in 2 steps (most on day 1 and then again on day 2), not sure why.

 

[huiseh]

Is it me or is the Syfe app super buggy and unresponsive a lot of the time (for example when adjusting the risk slider, tapping on Composition to view the ETFs etc)?

Posted from PCWX using Pixel 2 XL

 

[lemonko]

major drop today..
hmm usa not doing well?

Sent from somewhere in your heart using GAGT

 

[S1mpleGuy]

good time to see which robo is resilient in downturn

 

[assiak71]

good time to see which robo is resilient in downturn

Possible to be stashaway due to gold

 

[JetStorm]

Stopping my invest saver and going in both stashaway and syfe next month with monthly dca. I think its a great time to start amidst all this chaos.

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