Robo War Experiment (RWE) Update – April 2023

This Opinion post first appeared in my blog here: https://pwlcm.wordpress.com/2023/05/05/robo-war-experiment-rwe-update-april-2023/

This is a performance update to my Robo War Experiment (RWE) posted here: https://pwlcm.wordpress.com/2023/04/07/robo-war-experiment-rwe-update-march-2023/

Disclaimer: This post is just for educational sharing purposes. Please do your own due diligence on any products mentioned in this post.

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Performance Update

Here is the April 2023 Performance Update:

Market continued its recovery in April 2023, all 3 benchmark indices and 5 robo advisors were in the black. Their XIRR since inception also continued to improve, with the MSCI World portfolio turned positive.

Key Observations

1. All 3 benchmark indices and 5 robo advisors continued to deliver positive monthly returns in April 2023.
2. StashAway took the best performer title in monthly return, but still couldn't beat the returns in the 3 benchmark indices.
3. In terms of XIRR since inception, all robo advisors remain in the red, while MSCI World Index and S&P 500 are in the positive territory.

Referral Links

Endowus: https://endowus.com/invite?code=J6YV3 Syfe: https://www.syfe.com/invite/wealth/SRPTRJTFQ StashAway: https://www.stashaway.sg/referrals/choonght43 MoneyOwl: https://moneyowl.com.sg/app/accounts/sign-up?referral_code=5FZY-58AG SquirrelSave: https://app.squirrelsave.com.sg/Start/Referralcode?referralid=2996