I reckon it’s a good time for me to do a quick review of our StashAway and Smartly Singapore robo-advisor accounts as well as the investing strategy with them so far. After all, it has been more than half a year since we started opening these accounts. We now have 1 x StashAway and 1x Smartly robo-advisor accounts each between my wife and I.

Account Balances and Returns

My wife’s robo-advisor accounts have higher balances since they were opened earlier and the monthly value of automatic funds transfers into her accounts is greater. Given the drop in equity markets and depreciation of US$, my wife’s robo-advisor accounts have small positive returns and mine have small negative returns. Given that we have the highest risk profiles portfolios, it seems like Smartly has a slightly more aggressive ETFs allocations. I have noticed that the Smartly positive and negative returns tend to be a bit bigger than StashAway. ......