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Anonymous

30 Mar 2021

Robo-Advisors

Should I transfer funds from my Syfe Global ARI to my equity 100 profile?

I started out lump sum into Global ARTI portfolio in August 20 and it is still currently in red (-4%), while I started DCA into equity 100 in Dec 20. Under what circumstances should I consider transferring funds?

Discussion (1)

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Chris

30 Mar 2021

Owner and Writer at Tortoisemoney.com

Personally, I would say that gauging performance over a 7-month period (Aug to Mar) is hardly a fair gauge of a fund's performance as short-term volatility is often unpredictable. A more accurate representation of its performance would likely be at least a few years for a full picture.

Which is why I like your second question, which is, under what circumstances is it right to switch funds?

I think you should switch when you decide that the investment approach of the fund is not what you desire. This can be based on the returns you desire and your risk appetite.

Global ARI is more conservative of the two, with exposure to bonds as well as gold whereas Equity100 is 100% equity, as the name would imply.

If you can handle a higher risk level, then by all means switch to Equity100. But if your portfolio going into the red a little bothers you a lot, then perhaps Equity100 is not the best choice for you.

Hope this helps!​​​

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