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OPINIONS
An update to my Robo War Experiment performance for May 2024.
Tan Choong Hwee
Edited 05 Jun 2024
Solutions Specialist at Providend
This Opinion post first appeared in my blog here: https://pwlcm.wordpress.com/2024/06/06/robo-war-experiment-rwe-update-may-2024/
This is a performance update to my Robo War Experiment (RWE) posted here:
https://pwlcm.wordpress.com/2024/05/04/robo-war-experiment-rwe-update-april-2024/
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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Here is the May 2024 Performance Update:
All 5 robo advisors' portfolios and the 3 benchmark indices returned to black in May 2024. While the former suffered smaller losses as a group than the latter the previous month, they also made smaller gains in this month.
Comparing their YTD performance, most of them clocked in comparable 10.x%, except SqSave lower at 8.47 and S&P 500 higher at 12.72%. In terms of XIRR since inception, all except SqSave were in the black and StashAway returned to positive territory.
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
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Tan Choong Hwee
Edited 05 Jun 2024
Solutions Specialist at Providend
Solutions Specialist
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