What do you think about VBAL/XBAL Canada domiciled multi-asset funds given that the withholding tax between Canada and Singapore is 15℅ which is the same as Irish domiciled ETFs?

There could still be problems with bonds (discussion of 'default risk' of corporate bonds)

but I'm no expert on that

anyway, wait a bit with investing, givenn the current Corona crisis

If you want a hands-off approach towards investing, VBAL/XBAL are both pretty decent choices. They are cheap and they get the job done. Asset allocation is at 60% equity and 40% fixed income. Note that the country allocation as of 31 July in VBAL seems to be skewed towards Canada (29.6%), and China (2.4%) seems to be underweighted for some reason. Considering the influence of China and its growing economic prowess, underweighting China does not seem like a brilliant idea.

If you are looking for a “truly” global diversified portfolio, VBAL seems to be lacking enough exposure to China. You might want to add 2801.HK in your portfolio. Alternatively, you can construct your own globally diversified portfolio consisting of ETFs. For example, see below;

1. 55% IWDA iShares Core MSCI World UCITS “World” equity market ~ approx. 60% US market
2. 25% 2801.HK iShares Core MSCI China Index ETF China equity market
3. 20% AGGG iShares Core Global Aggregate Bond UCITS ETF World Bond market

Asset allocation is at 80% equity and 20% fixed income. Feel free to make adjustments to the underlying allocation that is in accordance with your risk tolerance. In general, the lower your risk tolerance, the higher the bond allocation.

If constructing your own portfolio is too cumbersome for you, you can always go for VBAL.

As always, do your own due diligence.

On a side note, I am starting a financial blog. Do check it out.

https://theinvestmentblueprint.home.blog