Autowealth Robo Advisors – Performance Dec 2020

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In my previous post, I introduced Autowealth to supplement my portfolio. This is newly setup for my child’s account. Hopefully, over the long term this will turn out great as well. To repeat on why I chose Autowealth:

Why Autowealth?

My two reasons for doing so is really just (a) try out one more robo advisor and (b) segregate this fund for any other purpose other than the kid’s investment journey.

My take about the investing journey has been the same since day one. Don’t sweat the small things, the costs of robo are so low. We are talking about a 15-20 year horizon here so heck those low costs. You need to pay them to keep their lights running.

Perhaps Auto Wealth is in a different segment all together but they are the ones I see positively after the other two. After signing up in June I finally got to funding the account in September and October when markets were on the downside. The idea of doing this over the long term is to really to buy in when markets drop.

Markets will go up and each time it drops, just pick some up and let the robots do the work on balancing and re-balancing. As long as fees remains low, the portfolio will grow over time and over a longer period. It should remain in the black based on some back testing.

I would say I wouldn’t rate them as aggressive on the marketing front but at 100 million AUM and in the black since 3 years of inception does bode well for them. Looks like they are one of those companies who keep things lean, mean and transparent for others. Many times, I do not mind paying slightly more for better service or better app/products. I speak for myself though as I do know many who penny pinch and I shall not comment more on this. My philosophy is to never sweat the small stuff – To have bigger dreams, you will have to let go of the small things.

Performance – Dec 2020

Looking at the portfolio, it looks pretty nice again in December. The investment horizon would be estimated to be 15-20 years. This is a portfolio which is set at roughly 40% equities and 60% bonds. The investment vehicles will be through ETFs. It does look like it can withstand long term peaks and troughs. What i really like is that i can switch between the SGD and USD currency performance portfolio as well as the impact on USD SGD forex on performance. Again, as time goes by, I would like to deploy funds out into the market in tranches over time.

+7.65% absolute return (SGD currency) is pretty good in my view and this is as at 18 Jan 2021. The impact of USD on SGD is about -3.43% and by referencing the portfolio in USD, absolute return would be at +10.87%. Wow, okay that’s pretty nice for not doing anything after investing.

 

Disclaimer

This is not a sponsored post. This is purely my own opinion after using their service and/or products. If you like what you are seeing, do remember to check they out and do your diligence. There is no one size fits all investment strategy.

If you like what I am sharing or if it resonates with you, do use my referral codes here at https://lifejourney.blog/contact/ for the services.

The pictures were taken from Auto Wealth website for this article. If you need a referral code, drop me a message and you can indicate my full name during registration. From there, both of us will  get $20 each to supplement the fees.

StashAway – Performance Dec 2020

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Here comes the late performance report in December 2020 for StashAway. I am still on the risk index of below 20%, split all the risk portion for 3 different portfolio let me understand how I want to do this portfolio going forward. I still maintain that having calculated risk per $ makes more sense in my opinion. It doesn’t mean high risk high rewards although it can give you high rewards.

As I have always preached, the important thing is that I am not left on the sidelines. If Mr Market decides to go either way, it would matter that much to me in my opinion. If Mr Market drops, then I will add on more to the portfolios.

Retirement Portfolio A (risk-14%)

The SRS account since deposit is currently at +3.06% as on 18 Jan 2021 (Time-weighted return). I think this is quite okay as I entered the market at a high before it dropped in March 2020. Performance wise, I think it is decent and also this is a super long term portfolio – I would say close to 25 years horizon so I’ll just leave it there to monitor on the progress.

Education Portfolio B (risk-16%)

This portfolio is set out to be on a 15-18 year investment horizon. It is at 7.61% on 18 Jan 2021 and I think that this is pretty good. I have been averaging in whenever there are market dips. The risk index is at 16% and I will adjust from time to time but try not to touch any of those if you don’t quite understand how that works.

Education Portfolio C (risk-20%)

For this portfolio, I look at this at shorter horizon of 12-15 years so I feel that I need to take on some risk to achieve my goals. This SA risk index is currently at 20% and will take on to be one of my riskiest portfolio. Return is at 14.92% at inception but as  I didn’t take a screen shot on 18 Jan, this is on 22 Jan 2021, Not much of it has changed or rather it has dropped slightly but this is just a note to self and measure the monthly performance. Over time, more funds will be added to achieve the targeted invested goals.

 

Conclusion

So far StashAway has been a great supplement as a robo advisor. I will try to do more regular updates. I’m not sure if I can do that given things have been rather difficult of late and it has been quite busy at work.

2021 should be a test of time for most portfolios. I believe have rebalancing regularly will be the key.

To sign up or try out Stash Away, visit the website and use my referral code at Stash Away Referral

We’ll both get up to $10,000 SGD managed for free for 6 months which is a good deal.

Disclaimer

If you like what I am sharing or if it resonates with you, do use my referral codes for other services at https://lifejourney.blog/contact/

The pictures were taken from the Stash Away website for this article.

Endowus – Performance Dec 2020

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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.

SRS Portfolio

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.

CPF Portfolio

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.

Disclaimer

If you decide to sign up with Endowus, do remember to use my referral code: https://endowus.com/invite?code=EDZ8M

If you like what I am sharing or if it resonates with you, do use my referral codes for other services at https://lifejourney.blog/contact/

These pictures were taken off Endowus website for reference.

StashAway – Performance Nov 2020

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Here comes another Robo-advisor experience from my end. To re-iterate the risk level, I am still at the risk index to below 20% as I felt that there isn’t a need to go all out Risk On going into November. I still think that having calculated risk per $ makes more sense in my opinion as news and information goes on a random rampage.

As I have always preached, the important thing is that I am not left on the sidelines. If Mr Market decides to go either way, it would matter that much to me in my opinion.

Retirement Portfolio A (risk-14%)

The SRS account since deposit is currently at +2.07% as on 11 Dec 2020. Pretty stagnant I would say but I’m not too worried about this long term portfolio. Performance wise, I went into this knowing it was pretty high end of Jan 2020.

 

Education Portfolio B (risk-16%)

This is something I set on a 15-18 year horizon. It is at 5.78% on 11 Dec 2020 and I think that is okay going at around 6-7%p.a. that I assume going into the end of 2020. I have been averaging in whenever there are market dips. The risk index is at 16% and I will adjust from time to time but try not to touch any of those if you don’t quite understand how that works.

 

Education Portfolio C (risk-20%)

This portfolio has a shorter horizon of 12-15 years so I feel that I need to take on some risk to achieve my goals. This SA risk index is currently at 20% and will take on to be one of my riskiest portfolio. Return is at 10.14% at inception which I find it fantastic to reach double digits. More funds will be added over time to achieve my targeted invested goals.

 

Conclusion

So far StashAway has not failed me in a sense that it fits in to my investing style and logic. I wish to put more into the accounts but I can’t bring myself to invest when prices are going higher. However, this is a pretty good supplement in my opinion.

I shall re-look into how I present the performance. Perhaps a more systematic approach so that it is more of a reference instead of just a monthly update.

a. Month on Month

b. Quarter on Quarter

c. Year on Year

To sign up or try out Stash Away, visit the website and use my referral code at Stash Away Referral

We’ll both get up to $10,000 SGD managed for free for 6 months which is a good deal.

Disclaimer

If you like what I am sharing or if it resonates with you, do use my referral codes for other services at https://lifejourney.blog/contact/

The pictures were taken from the Stash Away website for this article.

Endowus – Performance Nov 2020

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It is the time of the month again. I must say I have been really satisfied with the way it Endowus has been working out well for me thus far.

November has been a quiet month. The portfolio makes diversification much more important. As I have always said, being systematic about investing is quite important. Month on month and it still fulfills what I am seeing so far. This is going to be one of my core robo-advisors that I would like to be on for the long term.

SRS Portfolio

Overall, portfolio is up 4-5% month on month in terms of SGD. 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 11 Dec 2020, it is a 11.30% increase in absolute terms.

 

CPF Portfolio

For the CPF portfolio, it does not come with the Dimension Funds due to the restrictive nature in what you can invest in but I think this is excellent performance compared with the 2.5% in CPF.

Month comparison from Oct to 11 Dec 2020, that is 9.32% in absolute returns ever since investments were made in May 2020. and comparing the previous month, that is estimated to be around 3% higher.

This is very good in my own opinion that I have not been doing anything to this portfolio.

Recently they came up with a SmartFund DIY portfolio which looks really interesting. I would definitely be looking this up when there is a market pullback like i mentioned last month.

A quick review once more:

  • Endowus is the first and only robo-advisor to be approved by the CPF board to use your CPF OA excess funds to invest.
  • 100% trailer fees back to the consumer, not the fund management fee.
  • Content and education still remains relevant at least in my opinion.
  • At least they are one of the robo I trust that wants to help retail investors.

Thank you for using my referral code.

Disclaimer

If you decide to sign up with Endowus, do remember to use my referral code: https://endowus.com/invite?code=EDZ8M

If you like what I am sharing or if it resonates with you, do use my referral codes for other services at https://lifejourney.blog/contact/

These pictures were taken off Endowus website for reference.

Stash Away (Sep & Oct 2020)

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I’ve not been diligent in posting my performance that i invest into Stash Away. It has been positive so far (the experience) and I’ll say it is on par with what Endowus is providing. In my own words, I’ll say that they complement each other and offer different perspective. I do trust and believe their views on certain aspects of investing and hence, SA shall be the second robo advisor that I will build a long term goal with over time.

I have since adjusted the risk index to below 20% as I felt that there isn’t a need to go all out Risk On. Having calculated risk per $ makes more sense in my opinion as news and information goes on a random rampage. Most importantly, I am invested – So if Mr Market decides to go up that is fine too. If Mr Market decides to go down, then it will be time to put more funds in. After all, it is a long game.

Retirement Portfolio A (risk-14%)

The SRS account since deposit is currently at +2.46% as on 5 Nov 2020. It’s one of those that I went in February 2020 before the crash came in March 2020. Nonetheless, I believe in the long term strategy that S&P 500 or index generally rises over the longer term so I have a super long horizon on this. I haven’t decide if I should fund more SRS monies into SA or Endowus. We shall see how things turn out.

Education Portfolio B (risk-16%)

This is something I set on a 15-18 year horizon. It is at +5.06% as at 5 Nov 2020 and I think that is a good return in my view. I have been averaging in whenever there are market dips. The risk index is at 16% and I will adjust from time to time as I do believer that by doing so, you sell some assets while buying into a new asset class based on the risk you set so in a certain sense, I can take profit while increasing or reducing my risk. Try not to touch any of those if you don’t quite understand how that works. There is some level of punting involved.

Education Portfolio C (risk-20%)

This portfolio has a shorter horizon of 12-15 years so I feel that I need to take on some risk to achieve my goals. This SA risk index is currently at 20% and will take on to be one of my riskiest portfolio. More funds will be added over time to achieve my targeted invested goals.

Conclusion

So far StashAway has not failed me in a sense that it fits in to my investing style and logic. I wish to put more into the accounts but I cant bring myself to invest when prices are going higher and higher. Instead, when things come down I find it easier to put money in.

To sign up or try out Stash Away, visit the website and use my referral code at Stash Away Referral

We’ll both get up to $10,000 SGD managed for free for 6 months which is a good deal.

Disclaimer

If you like what I am sharing or if it resonates with you, do use my referral codes for other services at https://lifejourney.blog/contact/

The pictures were taken from the Stash Away website for this article.

Endowus – Performance Sep & Oct 2020

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I should actually do this regularly on the monthly updates to reflect how effective this portfolio can be. I missed one month of record in Sep 2020 and hence this jumped forward to the Oct 2020 portfolio.

As you can see, the last period of Oct has been a pretty volatile US market which makes diversification much more important. I am beginning to see the benefits of using Endowus as it is a systematic approach. When i initially signed up for this in May 2020, I wanted to see how the CPF portfolio and SRS/Cash portfolio performs. Truth behold, there wasn’t any worries about market dropping off and if I should sell any tickers.

SRS Portfolio

This is definitely up my alley in terms of overall portfolio management as well as long term Core portfolio. Without more talk, let’s take a look at both portfolio. This is the SRS/Cash portfolio which consists of my favourite Dimension Funds in a 40% bonds/60% equity. Overall from May 2020 to 5 Nov 2020, it is a 6.86% increase in absolute terms.

 

CPF Portfolio

For the CPF portfolio, it does not come with the Dimension Funds due to the restrictive nature in what you can invest in but I think this is excellent performance compared with the 2.5% in CPF.

Just simply, 6.66% in absolute returns ever since investments were made in May 2020.

Frankly, initially when I got to know about Endowus it felt like oh gosh another robo-advisor but when I started to listen and understand what they are trying to do, I am beginning to trust that what they are doing is for the good of the community and retail investors. Their fees are arguably one of the lowest in terms of value from the way i see see.

Recently they came up with a SmartFund DIY portfolio which looks really interesting. I would definitely be looking this up when there is a market pullback.

A quick review again:

  • Endowus is the first and only robo-advisor to be approved by the CPF board to use your CPF OA excess funds to invest.
  • 100% trailer fees back to the consumer.
  • Over the months, investment content and market overview has been valuable.

Disclaimer

If you decide to sign up with Endowus, do remember to use my referral code: https://endowus.com/invite?code=EDZ8M

If you like what I am sharing or if it resonates with you, do use my referral codes for other services at https://lifejourney.blog/contact/

These pictures were taken off Endowus website for reference.

Endowus – August 2020 performance

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Endowus

Roughly about three months ago, I made the call to go with Endowus to try out the Robo-advisor. I must say that I did and still having a good experience with them. I guess it is time to let people know that they are a dependable and competent group of people whom you can trust your money with. They also have a bunch of good content, the only thing is that their video content always over run but it just means that they have too much to talk about.

They are also one of the first robo-advisors to allow CPF investments into the funds and that tells a lot about this company. Of course, the investment funds that they use to build the portfolio is different for the Cash or SRS options which uses the competent Dimension Funds which used to be only available to institution clients (Meaning big corporate and deep pockets could only access to these funds)

Fund Fees

Now, Dimension Funds are available to retailer clients like anyone else on the street. The problem is that most places actually charge you a trailer fee, platform fee, recurring fee on top of the management fee and upfront fund fees. Yes, it is the financial industry. Endowus actually rebate those fees so that they only charge what they should be charging – the Fund level fees.

Something that  really like – Endowus will only charge you fees at the end of the quarter. Comparing an upfront fee or taking a fee after your portfolio actually returns something. I would choose the latter. Don’t get me wrong, i am agreeable to paying fees and it is necessary to keep good companies running. In general, fees are the ones which keep your investment returns compounded at a lower rate.

When to Invest?

In my previous articles, i discussed about the best time to invest and frankly there isn’t any. To get a head start, the best time is really to plonk in some money to a diversified asset class when the markets have come off. Simplifying things, if you only invest 10% of your Networth each time there is a correction. Doubling the portfolio just means roughly about 9% of your portfolio. (assuming it doubles)  So, it is something worthwhile to think about the risk and rewards. It also doesn’t mean that higher risk will eventually give you a higher return. In all conditions, the nature of things is that by taking a higher risk, you should get a higher return.

Portfolio

I had split up my portfolio into two parts. The first – A S$5000 SRS portfolio invested since May 2020. The second – A S$5500 CPF OA portfolio invested since May 2020 and YTD the returns have been pretty decent.

Figure one below is the SRS portfolio:

Figure two below is the CPF OA portfolio:

If you use my referral code to sign up and invest minimum S$10k, we both get $20 each which can be used to offset the management fees to keep their lights running: https://endowus.com/invite?code=EDZ8M

Disclaimer

This is not a sponsored post. I will still add on more of my CPF OA money regularly. I will definitely pick up more when markets come off to add on to my portfolio.

If you like what I am sharing or if it resonates with you, do use my referral codes for other services at https://lifejourney.blog/contact/

These pictures were taken off Endowus website for reference.