BTW another direct competitor to Smartly has surfaced, https://www.stashaway.sg/

For FSM MAPS subscribers, the aforementioned portfolio rebalancing *could* be underway.

Your Portfolio Manager is conducting portfolio action on your FSM MAPS Balanced (Growth) portfolio. It will take approximately 7 working days from the day you receive this notice for the process to be completed.

Yes exactly the same as you, total gain/loss is in red while all funds are green. I suppose that's rebalancing exercise too.

P/S: Will be going to their office on Monday again for another closed-door MAPS review session.

Lolwut? I am very content with MAPS already la, SYTs always welcomed tho

BTW I think my port rebalancing has finished.

Oh one more thing! Just received an email from Smartly saying they are finally ready for launch, will start the member onboarding on June. Although personally I prefer StashAway just by looking at their tech (occupational hazard)

This post has been edited by Steven7: May 15 2017, 07:45 PM

Ikr? Its really worth the 0.5% fee huh I bought 2 different MAPS portfolio so you can imagine the number of funds I have in FSM SG.

On that note tho, during the quarterly review session the portfolio manager did mention things will start to slow down soon, in fact he will be afraid and start taking defensive measures if the market continues to rally (a sign of bubble popping). During the talks and even Q&A session he is quite insightful tho.

Yeah personally I do feel tech is important, but I only had the chance to peek into both platforms' tech stack on the surface level since its not officially launched yet. For instance, on https://www.smartly.sg/fees the $ slider don't even work, font inconsistencies here and there. Even though I am not a front-end coder but still I couldn't stand it. But who knows, Smartly might have a better "algorithm" in determining allocation.

BTW I don't see a planned launch date for StashAway yet anyway

I agree on you on the rebalancing part, but still, the damage is quite severe on my Aggressive port, gains that took months to accumulate disappeared in 2 days (>50% drop in gains compared to 2 days ago)

Yeah, Brazil market is really freefalling but that's due to Temer scandal, and I guess your port also have some exposure on Brazil too?

Hope the number of scandal/crisis would just stop

This post has been edited by Steven7: May 19 2017, 02:49 PM

Another round of portfolio rebalancing for FSM MAPS holder.

Yeah, I thought FSM used to publish articles like this https://www.fundsupermart.com.my/main/resea...lio-Returns-566 saying frequent rebalancing may not be the best solution but somehow its happening again, makes me wonder are they anticipating any massive market fluctuations.

All in all, yes I am also very satisfied with MAPS returns thus far, I know you subscribed to FSM MY "MAPS" but too bad I don't have 10K MYR to join the fun with you

That's weird. You subscribed for MAPS way earlier than me right, I already got my first-time MAPS investment reward as well as MAPS top-up rewards awhile back. Yeah the points can't really do much

dasecret Both Smartly and Stashaway are open for business, you interested?

Nah not really, at least not for now. Smartly tech in not convincing to me and StashAway bets too heavily on US/European market. Quick sharing, you can find a lot of insights on investing/finance in a thread called Official Shiny Things Club in HWZ forum. (It'll worth your time, trust me )

This post has been edited by Steven7: Jul 18 2017, 01:20 PM