Syfe Robo advisor thread

[dappermen]

 

[endlssorrow]

One way is to transfer the profit gain , transfer to fixed and then re transfer back to the portfolio

 

[proton_cannon]

one good thing about syfe, it also break down the currency impact (gain/loss) for your portfolio. However I sweat at the huge amount of currency loss at the core portfolio, and also now the equity 100 portfolio currency impact also looking very bad (overall still gain). Is this large currency losses due to their "China" allocation?

 

[dappermen]

break down the currency impact (gain/loss) for your portfolio

where? didnt see it

 

[proton_cannon]

where? didnt see it

its when you go to your portfolio which shows the time weighted return, asset impact etc

below is an example screenshot from policypal site, there is an currency impact -1.744k. It did not give details on each asset win/loss, but at least it tells you the win loss due to currency. I don't think other robos give that info? or maybe I am wrong

 

[dappermen]

oh mine dont hve it! i think ie cos yours is quoted in SGD!

mine is set as USD in my SYFE

 

[CrashWire]

one good thing about syfe, it also break down the currency impact (gain/loss) for your portfolio. However I sweat at the huge amount of currency loss at the core portfolio, and also now the equity 100 portfolio currency impact also looking very bad (overall still gain). Is this large currency losses due to their "China" allocation?

Core and Equity100 are denominated in USD, so the losses are because USD is now around 1.322.

 

[CloudHaze]

I'm thinking whether to withdraw my funds from Syfe and invest it myself in diversified, low cost ETF - the common ones (e.g SWRD + EIMI, or ISAC / VWRA).
However, it seems like past 10 years according to Syfe - it has outperformed the MSCI World Index (i.e Developed markets index)

 

[Rong626]

Which portfolio has the least allocation in China?

 

[dappermen]

Which portfolio has the least allocation in China?

U dislike china?

are u ref to which pf in the robos?

 

[xiaosinsinful]

I'm thinking whether to withdraw my funds from Syfe and invest it myself in diversified, low cost ETF - the common ones (e.g SWRD + EIMI, or ISAC / VWRA).
However, it seems like past 10 years according to Syfe - it has outperformed the MSCI World Index (i.e Developed markets index)

Good question. I’m wondering the same too. I think robos are not the best option for long term investment as the fees adds up really quickly as our investment amount increases. Hence eating into our returns.

on the other hand like you mention , if somehow SYFE manages to outperform the market or at least match the market after fees then I guess it’s as good as a general market ETF. What makes me skeptical about SYFE published results is that its backtesting it’s algorithm AKA its gains in theory. I take testing results with benefits of hindsight with a pinch of salt

 

[zkwonz]

My syfe portfolio return has been negative for a while, hoping to see it level out by end of the year!

 

[dappermen]

most robos r similar except SA putting its highest risk ie Equity-based w SO MUCH gold & claimed it is gd to diversify or to dissipate risks?!!!!!!
Also syfe tried to greed by putting in too much stks into their Core pf

read -
esp 7m30s & 8m15

 

[CloudHaze]

Good question. I’m wondering the same too. I think robos are not the best option for long term investment as the fees adds up really quickly as our investment amount increases. Hence eating into our returns.

on the other hand like you mention , if somehow SYFE manages to outperform the market or at least match the market after fees then I guess it’s as good as a general market ETF. What makes me skeptical about SYFE published results is that its backtesting it’s algorithm AKA its gains in theory. I take testing results with benefits of hindsight with a pinch of salt

Yes exactly on your first point.
I liquidated my holdings in Syfe - going to try investing it directly myself. Let's watch this space haha

 

[proton_cannon]

most robos r similar except SA putting its highest risk ie Equity-based w SO MUCH gold & claimed it is gd to diversify or to dissipate risks?!!!!!!
Also syfe tried to greed by putting in too much stks into their Core pf

esp 7m30s & 8m15

Syfe have 3 types of Core PF (core defensive, balanced and growth), you should select core defensive if you want a more fixed income focus portfolio.

 

[siamdiu]

I wanted to do that too, but thing is it's hard to DCA into ETFs when you're not allowed to buy fractional shares with most brokers.. So it's hard to set a fixed amount say $500 every month to DCA into $VTI for example - you'll only be able to buy 1 share probably.

Wondering if there're any brokers out there that allows fractional shares for ETFs?

 

[dappermen]

Which is why there r robos around!!!!!!!

Else, etf qns pls ask at etf thread

 

[twosix]

I wanted to do that too, but thing is it's hard to DCA into ETFs when you're not allowed to buy fractional shares with most brokers.. So it's hard to set a fixed amount say $500 every month to DCA into $VTI for example - you'll only be able to buy 1 share probably.

Wondering if there're any brokers out there that allows fractional shares for ETFs?

FSMOne allows monthly DCA to ETFs.

 

[grandza]

New Video! For those interested in Syfe Core Growth portfolio!

 

[haikallp]

https://www.syfe.com/magazine/syfe-select-build-wealth-your-way-with-custom-portfolios/