income+
Designed for capital preservation and appreciation, outpace inflation with a steady stream of income.
REGULATED BY
PLATFORM PARTNERS
PRODUCT PARTNERS
Receive dividends monthly, paid directly to your bank account or automatically reinvested.
Unlock up to 60% savings on
investment-grade funds as a retail investor.
No lock-in, no withdrawal penalties, no minimum balance.
Portfolios at a glance
Purpose-built solutions for all your income needs in any market condition.
Investments that typically aim to provide a balance of income and capital appreciation.
Investments that typically aim to provide a balance of income and capital appreciation.
Income+ portfolio is built with an objective to achieve a Target monthly payout range, in current market environment. Target monthly payout is not guaranteed, and is subject to market movements. Past distributions are not necessarily indicative of future trends, which may be lower. A positive monthly payout or distribution yield does not imply a positive return.
LEARN MORE
Income+ portfolio is built with an objective to achieve a Target monthly payout range, in current market environment. Target monthly payout is not guaranteed, and is subject to market movements. Past distributions are not necessarily indicative of future trends, which may be lower. A positive monthly payout or distribution yield does not imply a positive return.
LEARN MORE
Yield to Maturity (YTM) of a bond is the total return that an investor stands to receive if all scheduled payments are made on time and the bond is held until maturity. Yield to Maturity (YTM) of the portfolio is the weighted average of the YTM of the bonds held in the constituent funds in the portfolio. YTM is reported gross of fees, the deduction of which will reduce the yield. It does not represent the portfolio’s return.
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Yield to Maturity (YTM) of a bond is the total return that an investor stands to receive if all scheduled payments are made on time and the bond is held until maturity. Yield to Maturity (YTM) of the portfolio is the weighted average of the YTM of the bonds held in the constituent funds in the portfolio. YTM is reported gross of fees, the deduction of which will reduce the yield. It does not represent the portfolio’s return.
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Investments with greater allocation to equities or higher yielding assets that typically aim to provide mostly capital appreciation and/or high income potential.
Investments with greater allocation to equities or higher yielding assets that typically aim to provide mostly capital appreciation and/or high income potential.
appreciation
Income+ portfolio is built with an objective to achieve a Target monthly payout range, in current market environment. Target monthly payout is not guaranteed, and is subject to market movements. Past distributions are not necessarily indicative of future trends, which may be lower. A positive monthly payout or distribution yield does not imply a positive return.
LEARN MORE
Yield to Maturity (YTM) of a bond is the total return that an investor stands to receive if all scheduled payments are made on time and the bond is held until maturity. Yield to Maturity (YTM) of the portfolio is the weighted average of the YTM of the bonds held in the constituent funds in the portfolio. YTM is reported gross of fees, the deduction of which will reduce the yield. It does not represent the portfolio’s return.
LEARN MORE
Yield to Maturity (YTM) of a bond is the total return that an investor stands to receive if all scheduled payments are made on time and the bond is held until maturity. Yield to Maturity (YTM) of the portfolio is the weighted average of the YTM of the bonds held in the constituent funds in the portfolio. YTM is reported gross of fees, the deduction of which will reduce the yield. It does not represent the portfolio’s return.
LEARN MORE
Yield to Maturity (YTM) of a bond is the total return that an investor stands to receive if all scheduled payments are made on time and the bond is held until maturity. Yield to Maturity (YTM) of the portfolio is the weighted average of the YTM of the bonds held in the constituent funds in the portfolio. YTM is reported gross of fees, the deduction of which will reduce the yield. It does not represent the portfolio’s return.
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Composition
Designed for diversified income with best-in-class active funds.
Target monthly payout
Income+ portfolio is built with an objective to achieve a Target monthly payout range, in current market environment. Target monthly payout is not guaranteed, and is subject to market movements. Past distributions are not necessarily indicative of future trends, which may be lower. A positive monthly payout or distribution yield does not imply a positive return.
LEARN MORE
Income+ portfolio is built with an objective to achieve a Target monthly payout range, in current market environment. Target monthly payout is not guaranteed, and is subject to market movements. Past distributions are not necessarily indicative of future trends, which may be lower. A positive monthly payout or distribution yield does not imply a positive return.
LEARN MORE
6.0-7.0
yield to maturity
Yield to Maturity (YTM) of a bond is the total return that an investor stands to receive if all scheduled payments are made on time and the bond is held until maturity. Yield to Maturity (YTM) of the portfolio is the weighted average of the YTM of the bonds held in the constituent funds in the portfolio. YTM is reported gross of fees, the deduction of which will reduce the yield. It does not represent the portfolio’s return.
LEARN MORE
Yield to Maturity (YTM) of a bond is the total return that an investor stands to receive if all scheduled payments are made on time and the bond is held until maturity. Yield to Maturity (YTM) of the portfolio is the weighted average of the YTM of the bonds held in the constituent funds in the portfolio. YTM is reported gross of fees, the deduction of which will reduce the yield. It does not represent the portfolio’s return.
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5.7
TOP 5 Assets
US GOVT RELATED
100%
SECURITISED
100%
INVESTMENT-GRADE
100%
NON-usd developed
100%
emerging markets
100%
Last update: 31 May 2023 14:30 SGT
TARGET monthly payout
Income+ portfolio is built with an objective to achieve a Target monthly payout range, in current market environment. Target monthly payout is not guaranteed, and is subject to market movements. Past distributions are not necessarily indicative of future trends, which may be lower. A positive monthly payout or distribution yield does not imply a positive return.
LEARN MORE
Income+ portfolio is built with an objective to achieve a Target monthly payout range, in current market environment. Target monthly payout is not guaranteed, and is subject to market movements. Past distributions are not necessarily indicative of future trends, which may be lower. A positive monthly payout or distribution yield does not imply a positive return.
LEARN MORE
7.6 - 8.6
yield to maturity
Yield to Maturity (YTM) of a bond is the total return that an investor stands to receive if all scheduled payments are made on time and the bond is held until maturity. Yield to Maturity (YTM) of the portfolio is the weighted average of the YTM of the bonds held in the constituent funds in the portfolio. YTM is reported gross of fees, the deduction of which will reduce the yield. It does not represent the portfolio’s return.
LEARN MORE
Yield to Maturity (YTM) of a bond is the total return that an investor stands to receive if all scheduled payments are made on time and the bond is held until maturity. Yield to Maturity (YTM) of the portfolio is the weighted average of the YTM of the bonds held in the constituent funds in the portfolio. YTM is reported gross of fees, the deduction of which will reduce the yield. It does not represent the portfolio’s return.
LEARN MORE
6.4
TOP 5 Assets
US GOVT RELATED
100%
SECURITISED
100%
INVESTMENT-GRADE
100%
NON-usd developed
100%
emerging markets
100%
Last update: 31 May 2023 14:30 SGT
Stocks in US-listed technology companies such as Microsoft, Apple, Visa, Cisco, Intel etc
Stocks in US-listed technology companies such as Microsoft, Apple, Visa, Cisco, Intel etc
Stocks in US-listed technology companies such as Microsoft, Apple, Visa, Cisco, Intel etc
Stocks in US-listed technology companies such as Microsoft, Apple, Visa, Cisco, Intel etc
Stocks in US-listed technology companies such as Microsoft, Apple, Visa, Cisco, Intel etc
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Bringing you best-in-class fixed income strategies
The Income+ portfolio construction process includes HSBC's, Alliance Bernstein's, and Franklin Templeton's forward-looking views and time-tested investment approach.
We take care of all your advisory needs while our fund partners provide insights and asset allocation guidance to Syfe.
Comparing portfolios
Get started with a portfolio that best suits your income needs.
INCOME+
PURE
INCOME+
enhance
objective
Investors should consider the investment objectives, risks, charges and expenses of the constituent funds carefully before investing. This and other information is contained in the constituent funds’ prospectus. Please read the constituent funds’ prospectus carefully before you invest or send money. Past performance is not a guarantee or a reliable indicator of future results and no guarantee is being made that similar returns will be achieved in the future.
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Investors should consider the investment objectives, risks, charges and expenses of the constituent funds carefully before investing. This and other information is contained in the constituent funds’ prospectus. Please read the constituent funds’ prospectus carefully before you invest or send money. Past performance is not a guarantee or a reliable indicator of future results and no guarantee is being made that similar returns will be achieved in the future.
LEARN MORE
Monthly income with lower risk
Higher income with capital appreciation
COMPOSITION
Focus on investment grade quality bonds
Focus on higher yielding fixed income asset classes
yield to maturity
Yield to Maturity (YTM) of a bond is the total return that an investor stands to receive if all scheduled payments are made on time and the bond is held until maturity. Yield to Maturity (YTM) of the portfolio is the weighted average of the YTM of the bonds held in the constituent funds in the portfolio. YTM is reported gross of fees, the deduction of which will reduce the yield. It does not represent the portfolio’s return.
LEARN MORE
Yield to Maturity (YTM) of a bond is the total return that an investor stands to receive if all scheduled payments are made on time and the bond is held until maturity. Yield to Maturity (YTM) of the portfolio is the weighted average of the YTM of the bonds held in the constituent funds in the portfolio. YTM is reported gross of fees, the deduction of which will reduce the yield. It does not represent the portfolio’s return.
LEARN MORE
Target monthly payout
Income+ portfolio is built with an objective to achieve a Target monthly payout range, in current market environment. Target monthly payout is not guaranteed, and is subject to market movements. Past distributions are not necessarily indicative of future trends, which may be lower. A positive monthly payout or distribution yield does not imply a positive return.
LEARN MORE
Income+ portfolio is built with an objective to achieve a Target monthly payout range, in current market environment. Target monthly payout is not guaranteed, and is subject to market movements. Past distributions are not necessarily indicative of future trends, which may be lower. A positive monthly payout or distribution yield does not imply a positive return.
LEARN MORE
duration
Duration is a measure of the sensitivity of the price of a bond to a change in interest rates. Generally, the higher a bond’s duration, the more its value will fall as interest rates rise, because when rates go up, bond values fall and vice versa. Duration of the portfolio is the weighted average of the duration of the individual bonds held in the constituent funds of the portfolio.
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Duration is a measure of the sensitivity of the price of a bond to a change in interest rates. Generally, the higher a bond’s duration, the more its value will fall as interest rates rise, because when rates go up, bond values fall and vice versa. Duration of the portfolio is the weighted average of the duration of the individual bonds held in the constituent funds of the portfolio.
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4.4 yrs
4.3 yrs
credit quality
Credit quality gives a snapshot of the portfolio's overall credit quality. It is an average of each bond's credit rating held in the constituent funds, adjusted for its relative weighting in the portfolio.
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Credit quality gives a snapshot of the portfolio's overall credit quality. It is an average of each bond's credit rating held in the constituent funds, adjusted for its relative weighting in the portfolio.
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A-
BBB+
BETA
Beta vs MSCI World Index measures the volatility of the returns of the portfolio against the broader market (MSCI World). It is a measure of risk and allows investors to gauge how sensitive the portfolio might be to macro market risks. For positive equity beta below 1, lower equity beta value implies lesser risk as it denotes lesser positive correlation to the broader market while a higher value implies greater risk.
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Source: Syfe, Bloomberg, fund factsheets. As of 30th Sep 2023 14:30 SGT. Statistics are based on the weighted fund allocation within each model portfolio.
Beta vs MSCI World Index measures the volatility of the returns of the portfolio against the broader market (MSCI World). It is a measure of risk and allows investors to gauge how sensitive the portfolio might be to macro market risks. For positive equity beta below 1, lower equity beta value implies lesser risk as it denotes lesser positive correlation to the broader market while a higher value implies greater risk.
LEARN MORE
Source: Syfe, Bloomberg, fund factsheets. As of 30th Sep 2023 14:30 SGT. Statistics are based on the weighted fund allocation within each model portfolio.
0.08
0.25
risk rating
Moderately high risk
Investments that typically aim to provide a balance of income and capital appreciation.
Moderately low risk
Preservation of capital and the generation of regular income slightly above inflation or short-term money market rates.
Moderately high risk
Investments that typically aim to provide a balance of income and capital appreciation.
Moderately low risk
Preservation of capital and the generation of regular income slightly above inflation or short-term money market rates.
Moderately low
Moderately high
Why invest with Syfe?
Save as much as 60% on fees compared to traditional investing.
Income+ PURE
Income+ Enhance
DIY
Fund Level Fee*
0.47%
Institutional
0.56%
Institutional
1.12%
Individual Investor
Trailer Fee Rebate
Trailer Fee Rebate is a fee that a fund manager pays intermediaries. The rebate is usually applicable when the fund’s share class is retail. Currently, Syfe passes on to clients any trailer fee rebates it receives for any of the constituent funds of Income+ portfolios. Please refer to our Investment Strategy to see which funds are rebated.
Trailer Fee Rebate is a fee that a fund manager pays intermediaries. The rebate is usually applicable when the fund’s share class is retail. Currently, Syfe passes on to clients any trailer fee rebates it receives for any of the constituent funds of Income+ portfolios. Please refer to our Investment Strategy to see which funds are rebated.
100%
100%
0%
Sales Charges
0
0
Subject to broker
How is Income+ different from other income solutions?
Enjoy higher yields and more regular payouts with no lock-in or penalties.
Income+
monthly payout
4.0–6.0% p.a.
payout frequency
Monthly
tenor
Flexible
withdrawal time
4-5 business days
withdrawal penalty
None
INVESTMENT VALUE VOLATILITY
Moderately low
Moderately high
TIME DEPOSIT ACCOUNT
Government Bond (iBOND)
2.4 - 3.5% p.a.*
(Payout at maturity only)
Minimum interest rate of 2% p.a.
(Semi-annual payout)
At maturity
Semi-annual
3-12 months
Up to 3 years
End of term or will incur penalty
None
Fees & loss of accrued interest
(for premature withdrawals)
None
None
Low
Payout
calculator
Receive monthly payouts directly to your bank account or reinvest into the portfolio.
income+ Pure
Composition
funds
%
PIMCO GIS Income Fund
IE00BSTL7535
Global multi-sector strategy with an objective of generating high current income and long-term capital appreciation
30%
global
high yield
yield to
maturity
6.87%
6.87%
duration
(YEARS)
AVG. CREDIT
QUALITY
6.87%
PIMCO GIS Income Fund
IE00BSTL7535
Global multi-sector strategy with an objective of generating high current income and long-term capital appreciation
30%
global
high yield
yield to
maturity
6.87%
duration
(YEARS)
6.87%
AVG. CREDIT
QUALITY
6.87%
Factsheet
Prospectus
Annual report
PHS
PIMCO GIS Income Fund
IE00BSTL7535
Global multi-sector strategy with an objective of generating high current income and long-term capital appreciation
30%
global
high yield
yield to
maturity
6.87%
duration
(YEARS)
6.87%
AVG. CREDIT
QUALITY
6.87%
Factsheet
Prospectus
Annual report
PHS
PIMCO GIS Income Fund
IE00BSTL7535
Global multi-sector strategy with an objective of generating high current income and long-term capital appreciation
30%
global
high yield
yield to
maturity
6.87%
duration
(YEARS)
6.87%
AVG. CREDIT
QUALITY
6.87%
Factsheet
Prospectus
Annual report
PHS
country
%
Country 1
4.25%
Country 1
4.25%
Country 1
4.25%
Country 1
4.25%
Country 1
4.25%
Country 1
4.25%
Country 1
4.25%
Country 1
4.25%
Country 1
4.25%
sector
%
Information Technology
21.96%
Information Technology
21.96%
Information Technology
21.96%
Information Technology
21.96%
Information Technology
21.96%
Information Technology
21.96%
Information Technology
21.96%
Information Technology
21.96%
Information Technology
21.96%
income+ ENHANCE
Composition
funds
%
PIMCO GIS Income Fund
IE00BSTL7535
Global multi-sector strategy with an objective of generating high current income and long-term capital appreciation
30%
global
high yield
yield to
maturity
6.87%
duration
(YEARS)
6.87%
AVG. CREDIT
QUALITY
6.87%
PIMCO GIS Income Fund
IE00BSTL7535
Global multi-sector strategy with an objective of generating high current income and long-term capital appreciation
30%
global
high yield
yield to
maturity
6.87%
duration
(YEARS)
6.87%
AVG. CREDIT
QUALITY
6.87%
Factsheet
Prospectus
Annual report
PHS
PIMCO GIS Income Fund
IE00BSTL7535
Global multi-sector strategy with an objective of generating high current income and long-term capital appreciation
30%
global
high yield
yield to
maturity
6.87%
duration
(YEARS)
6.87%
AVG. CREDIT
QUALITY
6.87%
Factsheet
Prospectus
Annual report
PHS
PIMCO GIS Income Fund
IE00BSTL7535
Global multi-sector strategy with an objective of generating high current income and long-term capital appreciation
30%
global
high yield
yield to
maturity
6.87%
duration
(YEARS)
6.87%
AVG. CREDIT
QUALITY
6.87%
Factsheet
Prospectus
Annual report
PHS
country
%
Country 1
4.25%
Country 1
4.25%
Country 1
4.25%
Country 1
4.25%
Country 1
4.25%
Country 1
4.25%
Country 1
4.25%
Country 1
4.25%
Country 1
4.25%
sector
%
Information Technology
21.96%
Information Technology
21.96%
Information Technology
21.96%
Information Technology
21.96%
Information Technology
21.96%
Information Technology
21.96%
Information Technology
21.96%
Information Technology
21.96%
Information Technology
21.96%
Login or create account
Create or login to your Syfe account to view the full list of constituent funds.
Assets
US Gov. Related
May include nominal and inflation-protected Treasuries, Treasury futures and options, agencies, FDIC-guaranteed and government-guaranteed corporate securities, and interest rate swaps.
Learn more
Investment Grade Bonds
Investment Grade bonds are bonds that are believed to have a lower risk of default and receive higher ratings by credit rating agencies, namely bonds rated Baa (by Moody's) or BBB (by S&P and Fitch) or above. These bonds tend to be issued at lower yields than less creditworthy bonds.
Learn more
High Yield Bonds
High Yield bonds are bonds that are believed to have a higher risk of default and receive lower ratings by credit rating agencies, namely bonds rated Ba or below (by Moody's) or BB or below (by S&P and Fitch). These bonds are typically issued at a higher yield (for example, a higher interest rate) than more creditworthy bonds, reflecting the perceived higher risk to investors.
Learn more
Equities & Convertibles
Equities & Convertibles include globally traded common or preferred stocks, convertible bonds or equity linked notes.
Learn more
Source: Syfe, fund factsheets. As of 31st Jul 2024 14:30 HKT. Statistics are based on the weighted fund allocation within each Income+ portfolio
FAQs
How does Syfe Income+ work?
Syfe Income+ is a discretionary managed portfolio service designed to meet the diverse income needs of investors. It consists of two investment portfolios:
Income+ Pure: Tailored for investors seeking regular monthly income with lower risk.
Income+ Enhance: Designed for investors looking for higher monthly income and potential long-term capital appreciation.
The portfolios are actively managed and diversified across various fixed-income assets, including government bonds, corporate bonds, and convertible bonds. This diversification helps reduce the impact of any single bond or asset class on the overall portfolio's performance.
Is there a minimum investment amount to get started?
There is a minimum amount of HK$10,000 to start investing, to ensure that investors can take full advantage of the portfolios' features such as monthly payout of dividends to their bank account. Investors in Income+ portfolios always receive dividends, but the payout to bank feature can be enabled only if you have an invested amount or current portfolio value of at least HK$10,000, otherwise your dividends will be automatically reinvested in your Income+ portfolios.
As per Securities and Futures Commission regulations, we are required to verify your identity by a HK$10,000 or US$1,300 bank transfer from your bank account, in order to open a Syfe account for you.
How is monthly payout handled?
You have the option to switch between monthly payout and automatic dividend reinvestment depending on your immediate income needs. For those selecting monthly payout option, the portfolios will accumulate the dividends from the constituent funds on a monthly basis and payout the proceeds to your bank account within the first 10 days of the following month.
The default option is automatic dividend reinvestment. You can change to monthly payout in the Syfe app after the Income+ portfolio is successfully funded. Select "Income+" in app homepage, select your Income+ portfolio, scroll down to "Dividend option" to make the change.
Is there any lock-in period for my investments?
There is no lock-in period for any Syfe Wealth portfolios, you can withdraw your funds at any time with no withdrawal fees charged.
In what currency can I fund or withdraw for Income+ portfolios, and any associated charges?
Income+ portfolios are Hong Kong dollar (HKD) denominated. Syfe recommends clients to deposit and withdraw funds in HKD for Income+ portfolios to avoid any currency conversion fees.
Syfe does not charge any subscription or withdrawal fee. You can deposit or place a withdrawal request from any of your portfolios whenever you want.
