I’ve been late in updating my report so that I can look back in future to see what are the lessons that I’ve learned. December 2020 ended on like probably an even better annualised return. It is extremely satisfying – the way Endowus has been working out well for me thus far. Notably, no timing of the market whatsoever.
December has been interesting with Senate Elections, Market news on Covid Vaccines being implemented or going to be implemented globally. As I have always said, being systematic about investing is quite important. Month on month, diversification has been really important. Slowly but surely, I’m actually feeling that Endowus and my investment goals do align pretty nicely.
Overall, portfolio is up another 2-3% month on month in terms of SGD. As usual, in USD terms, due to no FX impact as the portfolio is USD ETFs, the performance will definitely be better. We are spending Singapore dollars so this is our reference currency. This is the SRS/Cash portfolio which consists of my favourite Dimension Funds in a 40% bonds/60% equity. Overall from May 2020 to 18 Jan 2021, it is a 14.03% increase in absolute terms – Fantastic. I shall reset to complete a new Year performance and an all time performance going into 2021.
For the CPF portfolio, it is nicely coming up another 1-2% this month and looking strong at 11.42% which is very very good.
All through 2020, the funds performed double digits in total estimated to average around 12% in absolute returns. Both portfolio combined ever since investments were made in May 2020. and comparing the previous month. That is estimated to be around 2-3% higher from November going into December
Also, I would be looking at the new Smart Fund DIY portfolio which looks really interesting. I would definitely be looking this up as interest rates are still pretty low and I got some cash lying around.
Like every month, the pros once more:
- Endowus is the first and only robo-advisor to be approved by the CPF board.
- 100% trailer fees back to the consumer, not the fund management fee. This is really one of a kind I’ve seen so far.
- They do have a decent team who makes sense when introducing their platform.
- I believe all retail investor should try them out because of how they are trying to disrupt investing.
Again, I will shamelessly thank all of you in advance for using my referral code.
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These pictures were taken off Endowus website for reference.