This is a performance update to my Robo War Experiment (RWE) posted here:
https://pwlcm.wordpress.com/2023/03/03/robo-war-experiment-rwe-update-february-2023/
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 March 2023 Performance Update:
Market recovered in March 2023, all 3 benchmark indices and 4 robo advisors returned to positive territory in their monthly returns. Only MoneyOwl portfolio suffered a slight drop, but still ending the first quarter with almost 5% return.
Key Observations
- All 3 benchmark indices and 4 robo advisors returned to positive monthly returns.
- Only MoneyOwl portfolio suffered a slight decline of less than 0.1% loss.
- Syfe being the worst performer in February 2023 bounced back to become the best performer with a 2.58% monthly return in March 2023.
- Endowus continued to take the crown of best XIRR performer since inception.
- S&P 500 remained the only index showing positive XIRR since inception.
Referral Links
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
Personal Wealth Life Cycle Management (PWLCM) 