Endowus - September 2021

If you have read my previous update (Portfolio - September 2021), you would have seen a small section on NFT (Non-Fungible Token). Long story short, I minted/bought 3 NFTs for 9 LUNA in total (3 LUNA each) which was around US$369 at the point of minting and sold the least rare one for 118 LUNA (~US$4,838) in just 5 days which translate to 3,933% return (not annualized). Crazy! I was also able to participate in a token issue/launch (IPO equivalent) where my initial investment of US$1,500 is now valued at US$16,500 at the point of writing (Pylon Swap for Nexus Protocol. Psi current price - US$0.11). Essentially, I made ~US$20k in just 2 weeks. How to go back to stocks/ETF? lol. Anyway, I will blog in detail about the above especially on Pylon Protocol. Imagine a fixed deposit equivalent (capital guaranteed) but with hundreds % of yield/interest, it is just mind-blowing.

Risk Profile
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

Capital: $26,892.00 (SRS $16,892 and CPF $10,000.00)

Current: $30,827.27 (19.08%)

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 15 October 2021, the portfolio value is $30,987.30. The return shown in percentage is just a simple return (P&L divided by capital) including the $10k investment from CPF OA.

It will be clearer/more accurate if we look at the respective portfolio.

I blogged about using Fund Smart to invest my CPF here. On a side note, Endowus is performing much better as compared with StashAway given that both portfolios had the same capital/deposit and started around the same time (StashAway had a few months of headstart).

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 (245.7770)
- LionGlobal Infinity US 500 Stock Index Fund (2,861.2100)
- Dimensional Emerging Markets Large Cap Core Equity Fund (107.7860)
- Dimensional Pacific Basin Small Companies Fund (95.4100)

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 sign-up promotion is slightly different for this month (from SGD 200 stock cash bundle to iPhone and AAPL shares. Do read the T&C here for more information). If you have yet to open an account, you can do so using our referral link :)

You might be interested in the previous monthly update too:

- Endowus CPF/SRS Review

- 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

- Endowus - July 2021 - $30,013.78

- Endowus - August 2021 - $31,198.92 

- Endowus - September 2021 - $30,827.27

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