Robo War Experiment (RWE) Update – July 2022

This Opinion post first appeared in my blog here: https://pwlcm.wordpress.com/2022/08/03/robo-war-experiment-rwe-update-july-2022/

This is a performance update to my Robo War Experiment (RWE) posted here: https://seedly.sg/opinions/robo-war-experiment-rwe-update-june-2022/

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

Performance Update

Here is the July 2022 Performance Update:

All 5 robo advisors’ portfolios staged a strong rebound in July 2022, so are the 3 benchmark indices.

Key Observations

1. All 5 robo advisors rebounded with +3% ~ +6.25% returns in July 2022.
2. Endowus clocked in the highest monthly +6.25% returns since January 2021, with MoneyOwl followed closely behind with +6.15%.
3. With the rebound, Endowus XIRR since inception had returned to positive territory.
4. Syfe’s rebound was the lowest with +3% return, but they also had the lowest monthly drawdown during the 19-month period.
5. Seems like Syfe’s risk management strategy was working well.

Referral Links/Codes

Endowus: https://endowus.com/invite?code=J6YV3
Syfe: 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