FSM managed portfolio is just few years old....currently since the last 3 yrs, the markets had been volatile, thus i think the performance depends on when you "entered".

if you know not much about investing and does not want to spend more time to gain hands on emotional experience,...you can opt for FSM managed port or Stashaway
if you had some experience in UT investing with positive results,...you can have a basket of selected UT funds for your DIY UT portfolio.

as explained, it depends when you enter and top up. I have managed portfolio since they started but i just let it sit there without top up. Sometime hovering between negative and positive, i thought it was worst than FD. this year did a major top up after the covid crash, manage to reach +12% for now.

Also started Stashaway this year after covid, also around 14% now. performance wise feel both same same. stashaway is relatively new, just hope they don't gulung tikar like the roboadvisor in SG. but i will stick to monthly DCA now instead of yearly top up.

i think is a nice tool for ppl who don't know which fund to choose.

Well, far from being perfect, but not too bad considering recent covid-related turbulence
mine is about 3 year old balanced