Finally someone open a thread. Just made a small deposit, like really small to test water.

My completely uncle uneducated guess is that because Mytheo is in part founded by many Japanese, the underlying "algorithm" may be also Japan market biased.

Of course, $$ speaks so we need to see how well it will do in the long run, especially seeing as their own back test says it works...

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Darn, now that I look at it, 2016 to 2019 like nett gain zero....??
Somehow I would say not investing in SP500 is missing out hugely.

many unit trusts require minimum balance too...we don't call them scams.

The true scam is when they collect 5.5% entry fee and 1% per annum and deliver worst than their benchmarks for more than 3 years in a row.