Now for Autowealth! Different robo advisor really does things differently. They concept, the drive and the unique selling point are all different. Some just have more marketing power than others while some just like to lay low. Here to the portfolio performance in April 2021
Why Autowealth Again?
Every month, I’ll just to just remind myself why was I a friend of Autowealth. My two reasons for doing so is really just (a) try out one more robo advisor/segregate a portfolio to find out how they invest and what their model is and (b) Diversify my investment assets through different companies and see what works for them.
In good times, everything is rosy. What I want to see is the bad times in the market – That’s how you can see the character of a person. That translate to how the company treat their customers.
As Usual, every market goes through peaks and troughs. Every 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.
So far, no change in asset allocation, it is indeed a tough year. Quiet and stagnant.
Performance – Apr 2021
My investment horizon would be estimated to be 15-20 years for this portfolio. This is a portfolio which is set at 40% equities and 60% bonds. The investment vehicles will be through ETFs. 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. I’m still not sure how will USD perform over the long term. I am caught in between – With such a big amount of debt, USD will likely be in a hyper inflation mode. At the same time, US markets will be better for investing.
Overall, since funding to date (in SGD currency) performance is +10.85% and I like this. (compared to Mar 2021, it is up +0.19%) The impact of USD on SGD is about -3.90% and by referencing the portfolio in USD, absolute return would be at +14.54%.
Looking into the details if I were to look at the portfolio value at S$5334 (end Dec 2020) versus today at S$5558. Some simple and manual YTD calculations below
YTD Performance[(S$5558-S$5334)/S$5334] x 100% = +4.20% (YTD 11 May 2021 and +0.80% as compared to 11 May 2021)
Adding the USD version of the YTD for reference. It would be the same impact as the exchange rate.
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 Referral and Recommendations
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.