{"id":19822,"date":"2025-01-10T23:08:54","date_gmt":"2025-01-10T15:08:54","guid":{"rendered":"https:\/\/www.syfe.com\/magazine\/?p=19822"},"modified":"2025-01-10T23:08:55","modified_gmt":"2025-01-10T15:08:55","slug":"2024-core-portfolios-outperform","status":"publish","type":"post","link":"https:\/\/www.syfe.com\/magazine\/2024-core-portfolios-outperform\/","title":{"rendered":"2024: Core Portfolios All Outperform Benchmarks and Peers following Strategic Enhancements"},"content":{"rendered":"
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As we step into 2025, I\u2019d like to wish you and your loved ones a very Happy New Year. I hope you had a wonderful holiday season filled with joy and relaxation. I personally enjoyed a restful week in Phuket with my family \u2013 the perfect way to recharge and reflect on the successes of the past year. Thank you for trusting us with your investments, and we look forward to another successful year together.<\/p>\n\n\n\n

2024 was an exceptional year for Syfe\u2019s Core Portfolios, with every portfolio delivering returns that outpaced their respective benchmarks. Earlier in the year, we introduced several enhancements<\/a> to the portfolios, and we\u2019re thrilled to see these changes already making a positive impact for our clients.<\/p>\n\n\n\n

The Core Equity100<\/strong> portfolio delivered a remarkable 21.74% return in SGD for 2024, outperforming the benchmark MSCI All Country World Index. It also outpaced our peers by 2\u20134% during the year.<\/p>\n\n\n\n

Additionally, the multi-asset portfolios \u2013 Core Growth<\/strong>, Core Balanced<\/strong>, and Core Defensive<\/strong> \u2013 generated strong returns of 17.49%, 13.44%, and 10.34%, respectively, all exceeding their benchmarks.<\/p>\n\n\n\n

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Source: Syfe Research, Bloomberg. Data accurate as of 31 December 2024. Returns are in SGD and gross of management fees. Past performance is not indicative of future results.<\/em><\/figcaption><\/figure>\n\n\n\n

Key Drivers of Performance<\/strong><\/h2>\n\n\n\n

The portfolios benefitted from the global market rally in 2024, with strong contributions from US equities. Meanwhile, a stellar year for gold added further gains to the multi-asset portfolios.<\/p>\n\n\n\n

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Source: Syfe Research, Bloomberg. Data accurate as of 31 December 2024. Returns are in SGD and gross of management fees. Past performance is not indicative of future results.<\/em><\/figcaption><\/figure>\n\n\n\n

The October 2024 portfolio rebalancing also played a significant role in driving outperformance. Here\u2019s how:<\/p>\n\n\n\n