Robo War Experiment (RWE) Update – June 2022

This Opinion post first appeared in my blog here: https://pwlcm.wordpress.com/2022/07/03/robo-war-experiment-rwe-update-june-2022/

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

Another sea of red for robo advisors and benchmark indices in June 2022.

Key Observations

1. All 5 robo advisors suffered an average of -6% losses in June 2022.
2. Syfe suffered the lowest loss, and MoneyOwl the worst.
3. In terms of XIRR since inception, even Endowus had lost its positive return.

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