App update is available for Android.

Performance Review: October 2020

Our thoughts
Uncertainty over the US presidential election, failed Brexit deals and the re-emergence of COVID-19 in the US and Europe have caused the market sell-off in October.

However, the market in Asia fared much better as there were no political events in this region. The pandemic remains a threat, but the number of new cases did not rise sporadically like in the US or Europe. Hence, investors saw fewer risks and bought more assets in Asia. That's why the Asian market, notably China, had outperformed the US and European markets in October.

By investing in MYTHEO, investors will have a share of benefits from the positive performance in China and the Asian market. MYTHEO's Growth portfolio invests in China through Large Cap China ETFs (FXI) and Hong Kong shares (EWH), which consist of companies that operate in China. Besides, MYTHEO also holds the Pacific ETF (VPL) that give not just additional exposure in China but also exposure to other pacific countries such as Japan, South Korea, Australia, Singapore and New Zealand. In MYTHEO, all these are made possible because of the geographical diversification that is spread across more than 80 countries.

On US politics, Joe Biden of Democrat was declared a winner in the US presidential election. As highlighted in our previous article, ‘Does the US Presidential Election Affect Your Investment?’, whether the President is a Democrat or Republican matters the least to the financial market. The US economy is huge and complex and government policies are just part of it. All monetary policies are taken care of by the Federal Reserve, which is independent from the President's office.

https://www.mytheo.my/mytheo/blog-app/73-pe...ew-october-2020

Not yet.

Yes but the problem is that don't what is being adjusted.

I did feedback this in their survey form.

Return to date in term of USD has breaches 10%!

Simpel from their app.
TWR or MWR info is available?

Got it. Thanks for the tips.
It's around 5% only.

tsutsugami86 still holding?

Good that you still have faith over it.

I believe SAMY cash allocation is fixed at 1%.

That why MyTheo will adjust your portfolio (sell I believe) to offset the monthly management fee.

This post has been edited by GrumpyNooby: Dec 9 2020, 12:19 PM

The management is fixed formula based on valuation of your portfolio.
Cheap is rather subjective and relative.

Based on the initial hiccups experience, truth answer is YES.
Just hands are itchy when seeing positive return now.

The problem is that I feel is overdiversification.

Performance Review: November 2020

November was a good month for most investors who were skewed towards higher risk portfolio strategies. Global equity markets recovered spectacularly after two months of consecutive losses. Money poured into risky assets including equities, commodities and high yield bonds after the US election concluded with Joe Biden thriving against Donald Trump.

Adding to the bullish sentiment was a series of positive news on the development of COVID-19 vaccines. In November, COVID-19 vaccine projects by Pfizer, Moderna and a collaboration between AstraZeneca and Oxford University all reported encouraging test results. The upbeat market sentiment pushed the US Dow Jones Index up by 11.84% to hit a new key milestone on 24 November 2020, surpassing the 30,000 points level for the first time in history.

While we see some happy faces from investors, some are concerned over the performance of Gold, the US Treasury and the US Dollar. It is just not possible to have different assets perform well all at the same time. Even though November was a good month for many, investors who invested in safe-haven assets took a bite.

A distinguishing feature of MYTHEO when compared to other platforms in the market is that MYTHEO invests across different assets by grouping them separately in three functional portfolios: Growth, Income and Inflation Hedge. More importantly, each functional portfolio has an algorithm of its own to manage and allocate the assets efficiently. Besides that, MYTHEO is equipped with an algorithm that rebalances and reallocates automatically to ensure that your investments are optimized across all market cycles.

https://www.mytheo.my/mytheo/blog/74-perfor...w-november-2020

App update available for Android.

31/12/2020: App update available for Android.

My portfolio has been adjusted.

The only difference that I can remember/notice is addition of iSHARES MSCI USA ESG SELECT ETF (SUSA)

Time in the Market vs Timing the Market

There were comments relating to investments on the news and social media as a result of the US Presidential Elections. Some of these comments in investing forums were about general themes such as:

1. How will the market react after the US Presidential Elections?
2. Is it better to sell off my investments and wait until after the elections to begin reinvesting?
3. What are other investors doing to prepare for a potential market sell down after the elections?

Time in the Market is key
Sam and Jack each invested $30,000 every year on January 1 for 10 years—regardless of whether the market was up or down. But Sam started 20 years ago, whereas Jack started only 10 years ago. Although they each invested a total of $30,000, by 2017 Sam had about $30,000 more because he was in the market longer. This is not rocket science, as Sam’s end value would have been a result of having the benefit of time to allow his returns to compound over a 20-year period.

Predicting Market Highs and Market Lows
To quote Peter Lynch, an American investor, mutual fund manager and philanthropist: Far more money has been lost by investors preparing for corrections, or trying to anticipate corrections, than has been lost in corrections themselves. This describes the investor behaviour that was mentioned above, with some investors trying to advocate for others to hold cash and to try and time the market.

Conclusion
We hope that the two points presented above will help present a different view and approach to all investors as well as provide information on the benefits of having ‘Time in the Market’ vs trying to ‘Time the Market’. While timing the market may have certain benefits as well, we hope our investors will make informed investment decisions at all times.

MYTHEO, as a digital investment management service, takes a disciplined investment approach by investing for the long term, implementing passive management, avoiding market timing and diversifying across multiple asset classes. In addition, MYTHEO’s regular savings plan enables investors to increase ‘Time in the Market’ by investing consistently.

So do take advantage of MYTHEO’s features to achieve your investment goals. Till then, happy investing.

https://www.mytheo.my/mytheo/blog-app/75-ti...ming-the-market

Market Rallies On in December 2020

The market has been rising strongly since April 2020 and last month was no exception as the equity market still produced decent gains. The S&P 500 Index gained by 3.7%, and the NASDAQ Composite Index gained even higher by 5.7%. There was plenty of good news that supported the market rally during the month.

The rally first started when the US Congress finally struck a deal for an additional second stimulus package of US$900 billion that includes a weekly payment of US$600 to individuals with annual incomes of less than USD75,000 to support the economy. The news got better after an intervention by President Trump, in which the U.S. House of Representatives passed a bill called the CASH Act on 28 December 2020, that could substantially raise the payment from US$600 to US$2,000.

The biggest news of the month was from Europe when the United Kingdom (UK) and the European Union (EU) had finally clinched a long-negotiated Brexit deal. The UK is free to set its own trade policy and negotiate trade deals directly with other countries. The UK stock market and British pound (GBP) rallied higher after the news broke out as it marked the end of uncertainties over Brexit after more than four and a half years.

2020 is the year to remember for being the year of the worst market correction and the best market rebound put together in a pot. Nobody would have anticipated that they would have faced the fastest market meltdown in history just to be reversed by the fastest ever market melt-up. The vaccination program will be the game-changer for the economy and market to return to normal. In spite of this, investors may still have to brace volatility in the first part of the year and expect a few countries to continue imposing lockdowns to contain the virus as we expect the program's impact to only be seen and felt in the second half of the year.

Wish to read MYTHEO’s December performance?
https://www.mytheo.my/mytheo/blog/76-perfor...w-december-2020