For investors looking to balance risk and returns with a diversified portfolio over a medium term.
Invest in an optimal mix of equities, bonds and gold to build steady, long-term wealth.
% p.a. returns (8Y). Strike a balance between capital preservation and growth.
Compound returns with automatic dividend reinvesting and recurring transfer plans.
Access diversified, institutional-grade solutions in one portfolio.
Last update: 31 May 2023 14:30 SGT
Stocks in US-listed technology companies such as Microsoft, Apple, Visa, Cisco, Intel etc
Our Smart Beta strategy optimises your portfolio’s equity component to outperform the markets over time.
core balanced avg ann return (8y)
S&P TARGET RISK moderate (SPTGMU) avg ann return (8y)
Past returns are shown for illustrative purposes only. They are calculated before fees and in USD terms unless otherwise specified. The past returns since inception (31 March 2022) are based on model portfolios returns which may not fully account for trading costs, tax implications and timing impacts. Past returns prior to portfolio inception date are based on our internal backtested data with information obtained from underlying fund managers. Past returns are not a guarantee for future performance.
Get started with or diversify your investments with a portfolio that best suits your needs.
annualised returns (8Y)
recommended investment horizon
Learn how our Core portfolios stack against other strategies like traditional ETF investing.
cdp and brokerage account
Systematic, 3-factor investing
Dependent on individual skill and experience
automatic dividend reinvestment
biannual rebalancing
All-inclusive fee at 0.35% to 0.65% p.a.
Usually payable per trade
Portfolio aims to balance an optimal mix of global equity ETFs with broadly diversified bond and gold ETFs. Optimised by incorporating Smart Beta factors that enhances long term returns, reduces volatility, and improves diversification.
Real estate and real estate-related assets which are income-producing and predominantly used, as serviced residences, rental housing properties, and other hospitality assets.
The Core portfolios comprises stock, bond, and gold ETFs that aim to provide global diversification and better risk-adjusted returns.
The portfolios are constructed using an Asset Class Risk Budgeting approach to achieve a relatively stable asset allocation making them ideal for passive investing.
The equity component of the Core portfolios are further optimized using Smart Beta factors namely growth, large-cap and low-volatility factors. To improve risk-adjusted returns, the Core portfolio also holds an increased exposure to technology and Chinese stocks.
Clients can choose from three different Core portfolio types depending on their investment goals, time horizon and risk appetite: Core Defensive, Core Balanced, Core Growth
The Core Balanced portfolio is a medium-risk portfolio with an optimal mix of stock, bond and gold ETFs. The asset allocation focuses on better risk-adjusted returns, with the ETFs collectively invested in over 3,500 stocks of the world’s top companies.
The portfolio is designed for investors seeking moderate long-term growth while still having an exposure to bonds and gold to cushion their portfolio during market declines.
First let’s consider the various investment options available to us. At one extreme we have passive index funds, which have low fees and track the performance of indices like the S&P 500 and MSCI World. At the other extreme you could invest in an active fund, where individual stocks are chosen with the aim of outperforming their benchmark (typically the most appropriate index, e.g. MSCI World Index if selecting stocks globally). These have higher fees and can have larger swings in performance. In fact, the vast majority of the time, 87.98% (Source: S&P Global, as of Dec 31st 2023), these funds underperform their respective benchmarks. Factor investing sits in between, but what is a factor I hear you ask… well, a factor is a characteristic that can help explain why certain groups of securities may perform the way they do in terms of risk and return. The following are examples of factors; value (for under-valued companies), size (companies with smaller market capitalisations) and quality (companies with strong profitability, stable earnings etc.). Academic research (notably Fama-French) shows that these characteristics explain significant amounts of stock performance over time. One can use factors to seek better risk-adjusted returns than simply following an index or trying to hand-pick stocks. We find analogies often help, so let’s imagine we’re purchasing a car…. 1. The passive approach would be to buy the standard model, which will be cost-efficient and gets us from point A to B. 2. The active approach would be to heavily modify the car, swapping out most of the parts. Whilst we may get a faster car, it could be more dangerous or we may significantly impact the reliability and long term durability. 3. The factor-based approach would be to add a few key upgrades which will most improve the car. We could invest in better tyres, fuel and brakes to enhance our mileage and safety, without sacrificing reliability.