Tag: results

AutoWealth Performance – March 2021

On By RistrettzIn Performance, Personal Finance Series, Robo AdvisorsLeave a comment

Here we go for March 2021 performance for another Robo Advisor. 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. It is a little like a new acquaintance to a friend and eventually to a close friend. Wondering if you made the right choice? I guess only time will tell.

Why Autowealth?

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.

Against all odds, the costs of robo have set a bar in the local scene that they are one of the lowest cost solutions to build a portfolio. These options used to be only available to people who have access to unique solutions like private banks or high networth individuals. Then again, the manager takes a big cut from their investments by taking risks.

As Usual, overall 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. I like it that they have already breakeven into their third year so something is working right for them.

So far, no change in asset allocation. I think I have been rebalanced two times now. It’s a little like locking in gains due to the rising market.

 

Performance – Mar 2021

Looking at the portfolio, the last few months have been stagnant and I still feel that it will continue to do so through 2021. My 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. USD has been steadily increasing versus the SGD.

 

Overall, since funding to date (in SGD currency) performance is +10.66% and I like this. (compared to Feb 2021, it is up +1.2%) The impact of USD on SGD is about -2.69% and by referencing the portfolio in USD, absolute return would be at +13.14%. No complaints thus far.

 

Looking into the details if I were to look at the portfolio value at $5334 (end Dec 2020) versus today at $5533. Some simple and manual YTD calculations below

YTD Performance[($5533-$5334)/$5334] x 100% = +3.73% (YTD 8 Apr 2021 and +1.4% as compared to 10 Mar 2021)

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 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.

Autowealth Robo Advisors – Performance Dec 2020

On By RistrettzIn Performance, Personal Finance Series, Robo AdvisorsLeave a comment

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 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.