With the increase in COVID cases once again, it seems we will go back to having stricter measures again. On the bright side, there might be opportunities to accumulate more REITs given that we are unlikely to go back to the CB phase with almost half the population fully vaccinated. We have both taken our first dose and will be getting our second dose next month. Have you taken them?
Risk Profile
Goal type: General wealth accumulation
Risk tolerance: Maximise returns (loss tolerance -60%)
Monthly investment using SRS: $638
Goal type: General wealth accumulation
Risk tolerance: Maximise returns (loss tolerance -60%)
Monthly investment using SRS: $638
I have modified my monthly investment in order to max out my SRS contribution for the year.
Account Summary
Current: $28,840.67 (27.53%)
There are quite a few differences as compared to StashAway. Firstly, all the cash has been invested while StashAway keeps 1% of the portfolio in cash. Secondly, the fees are not deducted on a monthly basis. The Access Fee charged by Endowus will be deducted at the end of each quarter as stated in their FAQ.
As of 18 July 2021, the portfolio value is $29,220.38. The return shown in percentage is just a simple return (P&L divided by capital) and with the $10k investment from CPF OA, it dropped significantly compared to the previous month.
There are quite a few differences as compared to StashAway. Firstly, all the cash has been invested while StashAway keeps 1% of the portfolio in cash. Secondly, the fees are not deducted on a monthly basis. The Access Fee charged by Endowus will be deducted at the end of each quarter as stated in their FAQ.
As of 18 July 2021, the portfolio value is $29,220.38. The return shown in percentage is just a simple return (P&L divided by capital) and with the $10k investment from CPF OA, it dropped significantly compared to the previous month.
It will be clearer/more accurate if we look at the respective portfolio.
Anyway, Endowus is still performing better as compared with StashAway given that both portfolios had the same capital/deposit.
Asset Allocation
This shows that the number of shares for each fund that I owned:
CPF
- LionGlobal Infinity US 500 Stock Index Fund (4,017.6700)
SRS
- Dimensional Global Core Equity Fund (224.1120)
- LionGlobal Infinity US 500 Stock Index Fund (2,652.3200)
- Dimensional Emerging Markets Large Cap Core Equity Fund (90.2810)
- Dimensional Pacific Basin Small Companies Fund (87.1820)
Transactions
- Dimensional Global Core Equity Fund (224.1120)
- LionGlobal Infinity US 500 Stock Index Fund (2,652.3200)
- Dimensional Emerging Markets Large Cap Core Equity Fund (90.2810)
- Dimensional Pacific Basin Small Companies Fund (87.1820)
Transactions
That's all! Overall, I think the statement is pretty straightforward and easy to read. On a side note, StocksCafe does not has the ability to track funds, hence unable to do any form of comparison/benchmark.
If you are interested in Endowus, do use our referral link for our readers! You will get S$10,000 managed free for 6 months ($20 equivalent) and we will get $20 too!
On a side note, Futu's moomoo app has made their sign-up bonus even more attractive (one free Apple share + one free Nio share with 5 trades + other benefits) and it has been extended to 2nd August 2021! Take a look at the latest benefits here.
You might be interested in the previous monthly update too:
- Endowus - December 2020 - $12,466.20
- Endowus - January 2021 - $13,080.35
- Endowus - February 2021 - $13,549.30
- Endowus - March 2021 - $15,484.29
- Endowus - April 2021 - $16,570.37
- Endowus - May 2021 - $17,325.44
- Endowus - June 2021 - $28,840.67
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.)
No comments:
Post a Comment