This is a performance update to my Robo War Experiment (RWE) posted here:
https://pwlcm.wordpress.com/2022/07/03/robo-war-experiment-rwe-update-june-2022/
Disclaimer: This post is just for educational sharing purposes. Please do your own due diligence on any products mentioned in this post.
Performance Update
Here is the July 2022 Performance Update:
All 5 robo advisors’ portfolios staged a strong rebound in July 2022, so are the 3 benchmark indices.
Key Observations
- All 5 robo advisors rebounded with +3% ~ +6.25% returns in July 2022.
- Endowus clocked in the highest monthly +6.25% returns since January 2021, with MoneyOwl followed closely behind with +6.15%.
- With the rebound, Endowus XIRR since inception had returned to positive territory.
- Syfe’s rebound was the lowest with +3% return, but they also had the lowest monthly drawdown during the 19-month period.
- Seems like Syfe’s risk management strategy was working well.
Referral Links/Codes
Endowus: https://endowus.com/invite?code=J6YV3
Syfe: https://www.syfe.com/invite/wealth/SRPTRJTFQ
StashAway: https://www.stashaway.sg/referrals/choonght43
MoneyOwl: https://moneyowl.com.sg/app/accounts/sign-up?referral_code=5FZY-58AG
SquirrelSave: https://app.squirrelsave.com.sg/Start/Referralcode?referralid=2996