Syfe and Stashaway Roboadvisors performance update for Oct 2022
This week has seen a further drop in Hong Kong stocks as Hang Seng Index (HSI) sees a drop by 6% as investors lose confidence in the Chinese market due to a lack of positive news from the Communist Party Congress. My Roboadvisor portfolios were not spared from this either as both portfolios drop a further 2-3%.
Syfe
Equity 100 (highest risk)
Highest ATH return: 10%
Max drawdown: -5%
Current returns: -11%%
Stashaway
36% portfolio (highest risk)
Highest Returns: 2%
Max drawdown: -21%
Current Returns: -24%
Let’s not be dishearten, for there is always a storm before the rainbow!
If you have not signed up for any of the Robos, do use my referrals below and get your management fees waived for the first few months!
Stashaway – First $10,000 SGD fee’s waived for 6 months after you deposit. Sign up here!
Syfe- Get a fee waiver on first $30,000 investment using my referral code and link : SRPRDR9KS
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