- The S&P 500 just experienced its worst two-day drop since March 2020.
- See how Syfe’s managed portfolios held up—and how they’re positioned to navigate the volatility ahead.
Income+: Strong YTD Performance Amid Market Swings
| (Return in HKD) | YTD(as of 3 April) |
| Income Pure | 1.97% |
| Income Enhance | 0.59% |
Source: Syfe Research, Bloomberg. Returns are shown gross of Syfe platform fees. Mutual fund performance is updated with a one-business-day lag. As of 3 April 2025.
Key drivers: Both Income+ portfolios held up well, in stark contrast to the -10.7% sell-off in the S&P 500 over 3 and 4 April.
- Demand for safe-haven assets such as US Treasuries drove bond yields lower, supporting fixed income performance.
- With strong credit quality—A- for Pure and BBB+ for Enhance—the portfolios were well positioned to withstand the risk-off environment.
Portfolio positioning: Income+ portfolios maintain a nimble and active approach to take advantage of market swings.
- Inflation protection is added to hedge against price pressures from potential tariffs.
- The portfolios remain focused on highly liquid, high-quality assets.
- Both portfolios offer attractive yields-to-maturity－6.3% p.a. for Pure and 7.1% p.a. for Enhance—while maintaining strong credit quality. This makes them a strong diversifier for an equity-heavy portfolio, with potential for capital appreciation if the economy slows.
Learn about Syfe Cash and Income+ solutions here.
Core Portfolios: Navigating Markets with Discipline
Key drivers: As the market experienced a broad-based sell-off, Core portfolios were not immune.
- However, their diversified global exposure and balanced approach helped cushion the impact, resulting in significantly smaller drawdowns than the S&P 500.
Portfolio positioning: Syfe Core portfolios maintain a systematic, long-term approach to investing amidst market swings.
- We’ll rebalance portfolios later in April to ensure they remain aligned with their target allocations. This helps manage risk and keeps your investments on track through market volatility.
Several indicators suggest the market is currently in a state of “extreme fear“. For investors with a long-term horizon and risk appetite, this could be an opportunity to dollar-cost average and accumulate quality assets at lower prices.
Feel free to reach out to our Syfe advisory team here or via WhatsApp at +852 5716 2416. We’re here to help you navigate market volatility and make informed investment decisions.
This article is for informational purposes only and should not be viewed as financial advice. It is not meant to market any specific investment, or offer or recommend the purchase or sale of any specific security. All forms of investments carry risks, including the risk of losing all of the invested amount. Such activities may not be suitable for everyone.Past returns are not a guarantee for future performance. Investors should consider his/her own circumstances. The information or advertisement contained herein does not constitute an offer, any solicitation, invitation or recommendation to engage in any investment activities.
