Hi everyone!

Following our monthly updates on our financial goals and expenses, we have also been keeping a record on our Syfe investments.

As we’ve probably mentioned a lot of times before, we view Syfe as our “professionally managed” portion of our portfolio. Syfe, as a roboadvisor, is also an affordable way for us to invest in multiple baskets of ETFs globally, hence gives us more diversification to our overall portfolio.

As we’ve mentioned last month too, both Mrs Budget and myself contribute a combined total of S$2,000 (S$1,000 each) to Syfe. Of this S$2,000, we are now dollar cost averaging (DCA) in the following ratio:

• Global equity – S$500
• REIT+ – S$500
• Equity100 – S$1,000

Here’s our monthly Syfe portfolio summary.

July 2020

Global Equity Portfolio
Total invested: S$8,072.12
Total Contribution this month: S$500
Current Value: S$9,357.11
Portfolio Return: 15.92%
Downside Risk: 25%

REIT Portfolio
Total invested: S$8,170.01
Total Contribution this month: S$500
Current Value: S$8,648.01
Portfolio Return: 5.85%

Equity100
Total invested: S$2000
Total Contribution this month: S$1000
Current Value: S$2,034.27
Portfolio Return: 1.71%

Our new Equity100 portfolio continued to grow in line with the growth of the US market. In July, our REIT+ portfolio was a bit lackluster in performance compared to the other two portfolio as the Singapore economy continue to worsen.

We are not too concerned about the returns as we will continue to put in regular contribution to Syfe monthly, and hopefully 5 to 10 years later we will be able to see the returns. 

Will Syfe give us a good return, better than what CPF SA is giving us? Only time will tell. 🙂

You might be interested in previous months update too:

Global Equity:
January 2020: S$2009.00 (-0.25%)
February 2020: S$4248.60 (-6%)
March 2020: S$4918.86 (-11.09%)
April 2020: N/A
May 2020: S$5,497.84 (-1.33%)
June 2020: S$8134.20 (7.42%)
July 2020: S$9,357.11 (15.92%)

REIT+
February 2020: S$3075.90 (-2.35%)
March 2020: S$4333.10 (-6.82%)
April 2020: N/A
May 2020: S$6,903.46 (3.5%)
June 2020: S$8,202.90 (6.95%)
July 2020: S$8,648.01 (5.85%)

Equity100
June 2020: S$0
July 2020: S$2,034.27 (1.71%)

Looking to invest via Syfe? You can use our referral code: SRP6X8B8Y when you create an account.

We would both get $10 to $100 depending on your first deposit amount, and you’d receive your bonus within 5 business days.