Thursday 11 March 2021

Comparing Syfe Core Growth and Equity100 Portfolios

Having identified robo advisors as a tool to invest in the US market which is one of the aims I've set for myself earlier this year, I recently looked through the various options available and eventually decided on Syfe due to its:
- No minimum investment sum requirement
- Portfolios offered
- Relatively low management fee
- Historical returns (back-tested)
Hence I began to delve deeper into Syfe's offerings and also corresponded with them couple of times for more information.
In terms of investment portfolio, I am looking for something which is predominantly in the US market yet with some exposure to the Chinese market as well.

Therefore the Core Growth and Equity100 portfolios from Syfe are a good fit for me I feel.
As the information found are bits and pieces around the Syfe's website, I decided to tabulate the findings side by side to make it easier for me to compare.
If you are deciding between these two portfolios as well, I believe the following sharing will be helpful to you too. 

Details are garnered from Syfe's website and from my email correspondences with Syfe customer support.
Key Comparisons between Syfe Core Growth & Syfe Equity100 Portfolios
Some additional notes for reference
1) Historical returns published by Syfe are based on back-tested data and are by no means an indication for future returns.
2) Monies invested and assets are held in a custodian account through Saxo Capital Markets. Syfe holds all securities in an omnibus manner in separate trust / custody accounts on behalf of clients and each client's positions are individually tagged to the amount they are holding for each counter.

In short, the investments in your Syfe account are not held under an individual account of your name but in a common account with other investors.
3) Apart from the 0.4% - 0.65% annual portfolio management fee charged by Syfe, there is the ETF management fees charged by the individual ETFs as well.
4) Difference in ETF management fees between the two portfolios are negligible so I didn't include it in the comparison.
This post is written purely based on my own views and is not in collaboration with Syfe or any robo advisors.

No comments:

Post a Comment