Any idea why the money-weighted returns plunged recently for Stashaway and Syfe?

This is due to the COVID-19 virus. As robo advisor invest in global etfs, any bad global news are bound to have an effect on the returns. But do not wory, the virus will be gone eventually and your returns will improve.

Hello there! I'm Eliezer from Syfe. Markets worldwide have been affected by fears that COVID-19 could spread further and impact the global economy. This has caused a sell-off in equities as investors seek safe haven assets like bonds and gold during this period.

With markets under pressure, investors are currently seeing a dip in portfolio returns. While the recent volatility is no doubt worrying for investors, our advice is to take this time to review your portfolio risk and financial plan; stay invested; and don’t panic.

In this current market, our proprietary ARI algorithm is also continuously managing the risk in your portfolio to defend against rising market volatility. ARI has been rebalancing portfolios and reducing the allocation to higher-risk asset classes to keep portfolio risk aligned to our clients’ chosen risk level.

If you’re interested to know more, I definitely recommend having a chat with our financial advisors about how to deal with the current volatility. You can schedule a free call here: https://www.syfe.com/financial-advisors to speak with them.