$$$ KPO and CZM $$$: Syfe - October 2020

Tuesday, November 17, 2020

Syfe - October 2020

We just went on another staycation!

The Capitol Kempinski Hotel

Shall blog about it some other time as I have something more interesting to share! Meanwhile, you can read Milelion's Review: The Capitol Kempinski Hotel Singapore Staycation.

Our Syfe Portfolio
Composition: 100% REITs
Dividend: Reinvest
Monthly Investment: $1,000

Composition: 100% Equities
Dividend: Reinvest
Monthly Investment: $500

Account Statement (Lifetime)

Our current tier is Blue (<$20,000). This is determined by the size of the portfolio (currently $9,029.29) which in turn determines the fees to be charged. The statement lifetime return is $829.29 which includes a $1,200 referral bonus. The actual lifetime return would be -$370.71. Thanks to our readers for using our code!

Account Statement (October 2020)

The return for the month is -$490.58 which includes a $20 referral bonus. This means our actual return for the month is -$510.56.

As of 17 November 2020, this is our portfolio performance:

Capital: $6,000.00
Current: $7,083.56 (17.34% - return is skewed due to referrals)

Capital: $2,200.00
Current: $2,709.87 (37.76% - return is skewed due to referrals)

Transaction Breakdown

There are too many so I will just share a snippet. Anyway, if you want to extract the transaction information from Syfe, do take a look at this article - Syfe Transactions Parser. Anyway, the parser will not work for the Equity100 and Global ARI portfolio when there are small transactions (<0.01). You can refer to this for more information - Syfe - July 2020. The parser will work if Syfe is willing to change its UI and display more decimal places...



After parsing them into a csv file, I pivoted the data to get the following view.

Management Fee

The management fee can be obtained by $8,418.88 x 0.65% / 366 * 31 ~ $4.61.

In my opinion, the return captured by StocksCafe will be a more accurate representation of our portfolio return as the referral bonuses are treated as capital. Having said that, I can also understand why Syfe treats them as a return instead of a deposit too. Just a different perspective.

Anyway, looking at the time-weighted return (14.51%) for this year, we can see that Syfe REIT+ 100% is outperforming STI ETF (including fees) but underperforming when compared against SPY or IWDA. In addition, if we were to look at the projected dividends till the end of the year based on the existing investment, we can expect $139.68 of dividends or $12.70 per month. Since the dividends >> fees, this is a pretty sustainable portfolio assuming if there's no capital loss.

New Syfe customers will have their first $30,000 managed free for 6 months when they use our new referral code (KPOCZM). We will be receiving a $10 cash incentive for our portfolio if you invest $500 or more.

If you are interested in the smart portfolio tracker (StocksCafe) which I am using as shown above, sign up using my link for a longer trial period :) Refer to our Referrals page for more information.

You might be interested in previous months update too:
Syfe REIT+ (100%) Review
Syfe - May 2020 - $1,135.43
Syfe - June 2020 - $2,558.58
Syfe - July 2020 - $3,872.68
Syfe - August 2020 - $6,260.30
Syfe - September 2020 - $8,019.86
- Syfe - October 2020 - $9,029.29

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4. Instagram - KPO_and_CZM (Did you see those delicious food photos to the right --> Unfortunately, you can't see it on mobile.)

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