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%.
Equity 100 (highest risk)
Highest ATH return: 10%
Max drawdown: -5%
Current returns: -11%%
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!
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Stashaway – First $10,000 SGD fee’s waived for 6 months after you deposit. Sign up here!
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