We are planning to do something most would not even think of (at our age) and will be making some changes to our investment for StashAway. Hint hint: we will stop contributing to CZM's SRS account and her StashAway from this month onwards. Make a guess?
I am also going to simplify the monthly update going forward because it is becoming more time consuming and considering that StocksCafe can do most of the work/tracking now.
Anyway, we have 3 portfolios on 2 accounts now due to our new strategy - New Strategy: StashAway + Supplementary Retirement Scheme (SRS):
KPO and CZM Cash - StashAway Risk Index 20%
1. PORTFOLIO SUMMARY (as of the last day of the month)
Based on the statement (31 May 2019), KPO made $796.63 and CZM made $26.46.
As of 8 June 2019, these are our portfolio performance:
2. PORTFOLIO DETAILS
Note that these are reported in USD.
Our StashAway SRS accounts are showing a slight difference now due to fees being deducted from my account previously.
StashAway VS STI ETF
Since there is no way to compare the performances among the robo-advisors, I came out with a spreadsheet to track our StashAway portfolio performance (General Investing - Risk Level 28) against that of STI ETF which I will be updating on a monthly basis. For simplicity, I shall assume that one can either invest in Nikko STI ETF using POSB Invest-Saver or invest in Nikko STI ETF/SPDR STI ETF using SCB Priority Online Trading (no minimum commission). These would be the opportunity costs while we continue to invest in StashAway.
Apart from the absolute P&L, we should also look at the Reward-to-Risk Ratio where risk/volatility is taken into account. For more information, do read StashAway Clarifications - Reward-to-Risk Ratio. StashAway has the highest ratio of 1.25 which is significantly higher than the other 2 STI ETFs (< 0.4). Let me quote Freddy Lim (Co-Founder & Chief Investment Officer of StashAway), "for every dollar of risk taken, StashAway P28 is producing 1.25 times the return".
This is updated on 14th June 2019 and is based on only 1 of our portfolio - KPO and CZM Cash - StashAway Risk Index 20%.
This month commentary:
StashAway has a much higher return as compared to the other STI ETF portfolios. Interestingly, we can also see the effect of fees when you look at the investment on Nikko STI ETF on the different platform. Going forward it will be even more interesting when the commissions/fees incurred by StashAway exceed that of POSB Invest-Saver. This will be a battle between cheaper/lesser fees and asset allocation/diversification...
StocksCafe
We know that StashAway is outperforming STI ETFs but what about the US index - SPDR S&P 500 ETF? StocksCafe introduced new/not so new feature that allows one to change the benchmark.
Looking at the time-weighted return, we can see that StashAway is underperforming the SPY (excluding fees). This is expected and to take note of its lower volatility and max drawdown too.
Which is the best? Only time will tell :)
This is the link to our spreadsheet - KPO & CZM StashAway Portfolio VS STI ETF which I have also added to Our Portfolio page.
Here you go: StashAway Referral Link for Our Readers
You might be interested in previous months update too:
StashAway - December 2018
StashAway - January 2019 - $16,051.10
StashAway - February 2019 - $17,397.81
StashAway - March 2019 - $18,780.96
StashAway - April 2019 - $19,702.85
StashAway - May 2019 - $20,823.09
Do like any of the following for the latest update/post!
1. FB Page - KPO and CZM
2. Twitter - KPO and CZM
3. Click here to subscribe using email :)
4. Instagram - KPO_and_CZM (Did you see those delicious food photos to the right --> Unfortunately, you can't see it on mobile.)
I am also going to simplify the monthly update going forward because it is becoming more time consuming and considering that StocksCafe can do most of the work/tracking now.
Anyway, we have 3 portfolios on 2 accounts now due to our new strategy - New Strategy: StashAway + Supplementary Retirement Scheme (SRS):
KPO and CZM Cash - StashAway Risk Index 20%
KPO SRS - StashAway Risk Index 13%
CZM SRS - StashAway Risk Index 13%
1. PORTFOLIO SUMMARY (as of the last day of the month)
 |
| KPO |
 |
| CZM |
 |
| KPO |
 |
| CZM |
As of 8 June 2019, these are our portfolio performance:
KPO: $19,738.99 (+10.9% - Capital: $17,500 + $1,250)
CZM: $31.57 (+4.7% - Capital: $1,250)
2. PORTFOLIO DETAILS
Note that these are reported in USD.
 |
| KPO and CZM Cash - StashAway Risk Index 20% |
 |
| KPO SRS - StashAway Risk Index 13% |
 |
| CZM SRS - StashAway Risk Index 13% |
3. FEE CALCULATIONS
The fee stated is based on the monthly-average assets SGD $9,269.66 x 0.8% / 365 days * 31 days = $6.30. Without the referral, it would have been $13.09.
No fee for CZM for the first 6 months.
The fee stated is based on the monthly-average assets SGD $9,269.66 x 0.8% / 365 days * 31 days = $6.30. Without the referral, it would have been $13.09.
StashAway VS STI ETF
Since there is no way to compare the performances among the robo-advisors, I came out with a spreadsheet to track our StashAway portfolio performance (General Investing - Risk Level 28) against that of STI ETF which I will be updating on a monthly basis. For simplicity, I shall assume that one can either invest in Nikko STI ETF using POSB Invest-Saver or invest in Nikko STI ETF/SPDR STI ETF using SCB Priority Online Trading (no minimum commission). These would be the opportunity costs while we continue to invest in StashAway.
Apart from the absolute P&L, we should also look at the Reward-to-Risk Ratio where risk/volatility is taken into account. For more information, do read StashAway Clarifications - Reward-to-Risk Ratio. StashAway has the highest ratio of 1.25 which is significantly higher than the other 2 STI ETFs (< 0.4). Let me quote Freddy Lim (Co-Founder & Chief Investment Officer of StashAway), "for every dollar of risk taken, StashAway P28 is producing 1.25 times the return".
This is updated on 14th June 2019 and is based on only 1 of our portfolio - KPO and CZM Cash - StashAway Risk Index 20%.
This month commentary:
StashAway has a much higher return as compared to the other STI ETF portfolios. Interestingly, we can also see the effect of fees when you look at the investment on Nikko STI ETF on the different platform. Going forward it will be even more interesting when the commissions/fees incurred by StashAway exceed that of POSB Invest-Saver. This will be a battle between cheaper/lesser fees and asset allocation/diversification...
StocksCafe
We know that StashAway is outperforming STI ETFs but what about the US index - SPDR S&P 500 ETF? StocksCafe introduced new/not so new feature that allows one to change the benchmark.
Looking at the time-weighted return, we can see that StashAway is underperforming the SPY (excluding fees). This is expected and to take note of its lower volatility and max drawdown too.
Which is the best? Only time will tell :)
This is the link to our spreadsheet - KPO & CZM StashAway Portfolio VS STI ETF which I have also added to Our Portfolio page.
Here you go: StashAway Referral Link for Our Readers
You might be interested in previous months update too:
StashAway - December 2018
StashAway - January 2019 - $16,051.10
StashAway - February 2019 - $17,397.81
StashAway - March 2019 - $18,780.96
StashAway - April 2019 - $19,702.85
StashAway - May 2019 - $20,823.09
Do like any of the following for the latest update/post!
1. FB Page - KPO and CZM
2. Twitter - KPO and CZM
3. Click here to subscribe using email :)
4. Instagram - KPO_and_CZM (Did you see those delicious food photos to the right --> Unfortunately, you can't see it on mobile.)
Are you planning to get a second property? :)
ReplyDeleteLove the site btw, thanks for writing/sharing!
Hi Shumin,
DeleteNice guess but nope! Was going to reveal it but there were sudden changes... Let's see how it goes.
Thank you! Readers like yourself keep us going :)