income+
Generate dependable and steady dividends with capital appreciation.
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Monthly dividends automatically reinvested to maximise returns.
Exclusive access unlocks up to 60% savings on fund level fees for retail investors, maximising returns.
Invest with full flexibility - 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.
ELIGIBLE
Preservation of capital and the generation of regular income slightly above inflation or short-term money market rates.
Preservation of capital and the generation of regular income slightly above inflation or short-term money market rates.
preservation
Monthly payout ranges are computed based on the weighted average of the annualised historical distribution amount or dividend/distribution yield of the constituent funds from the latest three months. The upper and lower bounds of the range are rounded up to the higher 0.5% and down to the lower 0.5% respectively. The dividend amount or dividend yield of the constituent funds is not guaranteed. 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
Monthly payout ranges are computed based on the weighted average of the annualised historical distribution amount or dividend/distribution yield of the constituent funds from the latest three months. The upper and lower bounds of the range are rounded up to the higher 0.5% and down to the lower 0.5% respectively. The dividend amount or dividend yield of the constituent funds is not guaranteed. 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
Estimated 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. Estimated YTM of the portfolio is the weighted average of the YTM of the bonds held in the constituent funds in the portfolio. Estimated YTM is reported gross of fees, the deduction of which will reduce the yield. It does not represent the portfolio's return. For instruments such as SSBs, T-Bills and FDs, the yields are fixed at the onset and represent the total return if held to maturity.
LEARN MORE
Estimated 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. Estimated YTM of the portfolio is the weighted average of the YTM of the bonds held in the constituent funds in the portfolio. Estimated YTM is reported gross of fees, the deduction of which will reduce the yield. It does not represent the portfolio's return. For instruments such as SSBs, T-Bills and FDs, the yields are fixed at the onset and represent the total return if held to maturity.
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ELIGIBLE
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.
appreciation
Monthly payout ranges are computed based on the weighted average of the annualised historical distribution amount or dividend/distribution yield of the constituent funds from the latest three months. The upper and lower bounds of the range are rounded up to the higher 0.5% and down to the lower 0.5% respectively. The dividend amount or dividend yield of the constituent funds is not guaranteed. 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
Monthly payout ranges are computed based on the weighted average of the annualised historical distribution amount or dividend/distribution yield of the constituent funds from the latest three months. The upper and lower bounds of the range are rounded up to the higher 0.5% and down to the lower 0.5% respectively. The dividend amount or dividend yield of the constituent funds is not guaranteed. 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
Estimated 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. Estimated YTM of the portfolio is the weighted average of the YTM of the bonds held in the constituent funds in the portfolio. Estimated YTM is reported gross of fees, the deduction of which will reduce the yield. It does not represent the portfolio's return. For instruments such as SSBs, T-Bills and FDs, the yields are fixed at the onset and represent the total return if held to maturity.
LEARN MORE
Estimated 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. Estimated YTM of the portfolio is the weighted average of the YTM of the bonds held in the constituent funds in the portfolio. Estimated YTM is reported gross of fees, the deduction of which will reduce the yield. It does not represent the portfolio's return. For instruments such as SSBs, T-Bills and FDs, the yields are fixed at the onset and represent the total return if held to maturity.
LEARN MORE
Composition
Designed for diversified income with PIMCO's
best-in-class active funds.
monthly DIVIDENDS
Monthly payout ranges are computed based on the weighted average of the annualised historical distribution amount or dividend/distribution yield of the constituent funds from the latest three months. The upper and lower bounds of the range are rounded up to the higher 0.5% and down to the lower 0.5% respectively. The dividend amount or dividend yield of the constituent funds is not guaranteed. 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
Monthly payout ranges are computed based on the weighted average of the annualised historical distribution amount or dividend/distribution yield of the constituent funds from the latest three months. The upper and lower bounds of the range are rounded up to the higher 0.5% and down to the lower 0.5% respectively. The dividend amount or dividend yield of the constituent funds is not guaranteed. 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
5.0 - 5.5
yield to maturity
Estimated 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. Estimated YTM of the portfolio is the weighted average of the YTM of the bonds held in the constituent funds in the portfolio. Estimated YTM is reported gross of fees, the deduction of which will reduce the yield. It does not represent the portfolio's return. For instruments such as SSBs, T-Bills and FDs, the yields are fixed at the onset and represent the total return if held to maturity.
LEARN MORE
Estimated 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. Estimated YTM of the portfolio is the weighted average of the YTM of the bonds held in the constituent funds in the portfolio. Estimated YTM is reported gross of fees, the deduction of which will reduce the yield. It does not represent the portfolio's return. For instruments such as SSBs, T-Bills and FDs, the yields are fixed at the onset and represent the total return if held to maturity.
LEARN MORE
6.3
TOP 5 sectors
US GOVT RELATED
100%
SECURITISED
100%
INVESTMENT-GRADE
100%
NON-usd developed
100%
emerging markets
100%
Last update: 31 May 2023 14:30 SGT
monthly payout
Monthly payout ranges are computed based on the weighted average of the annualised historical distribution amount or dividend/distribution yield of the constituent funds from the latest three months. The upper and lower bounds of the range are rounded up to the higher 0.5% and down to the lower 0.5% respectively. The dividend amount or dividend yield of the constituent funds is not guaranteed. 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
Monthly payout ranges are computed based on the weighted average of the annualised historical distribution amount or dividend/distribution yield of the constituent funds from the latest three months. The upper and lower bounds of the range are rounded up to the higher 0.5% and down to the lower 0.5% respectively. The dividend amount or dividend yield of the constituent funds is not guaranteed. 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
5.5 - 6.0
yield to maturity
Estimated 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. Estimated YTM of the portfolio is the weighted average of the YTM of the bonds held in the constituent funds in the portfolio. Estimated YTM is reported gross of fees, the deduction of which will reduce the yield. It does not represent the portfolio's return. For instruments such as SSBs, T-Bills and FDs, the yields are fixed at the onset and represent the total return if held to maturity.
LEARN MORE
Estimated 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. Estimated YTM of the portfolio is the weighted average of the YTM of the bonds held in the constituent funds in the portfolio. Estimated YTM is reported gross of fees, the deduction of which will reduce the yield. It does not represent the portfolio's return. For instruments such as SSBs, T-Bills and FDs, the yields are fixed at the onset and represent the total return if held to maturity.
LEARN MORE
6.8
TOP 5 sectors
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 PIMCO's
best-in-class fixed
income strategies
The Income+ portfolio construction process includes PIMCO's forward-looking views and time-tested investment approach.
We take care of all your servicing and advisory needs while PIMCO provides insights and asset allocation guidance to Syfe.
Comparing portfolios
Get started with a portfolio that best suits your income needs.
INCOME+
preserve
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.
LEARN MORE
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
Steady income with capital preservation
Higher income with capital appreciation
COMPOSITION
Focus on investment grade quality bonds
Focus on higher yielding fixed income asset classes
yield to maturity
Estimated 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. Estimated YTM of the portfolio is the weighted average of the YTM of the bonds held in the constituent funds in the portfolio. Estimated YTM is reported gross of fees, the deduction of which will reduce the yield. It does not represent the portfolio's return. For instruments such as SSBs, T-Bills and FDs, the yields are fixed at the onset and represent the total return if held to maturity.
LEARN MORE
Estimated 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. Estimated YTM of the portfolio is the weighted average of the YTM of the bonds held in the constituent funds in the portfolio. Estimated YTM is reported gross of fees, the deduction of which will reduce the yield. It does not represent the portfolio's return. For instruments such as SSBs, T-Bills and FDs, the yields are fixed at the onset and represent the total return if held to maturity.
LEARN MORE
monthly DIVIDENDS
Monthly payout ranges are computed based on the weighted average of the annualised historical distribution amount or dividend/distribution yield of the constituent funds from the latest three months. The upper and lower bounds of the range are rounded up to the higher 0.5% and down to the lower 0.5% respectively. The dividend amount or dividend yield of the constituent funds is not guaranteed. 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
Monthly payout ranges are computed based on the weighted average of the annualised historical distribution amount or dividend/distribution yield of the constituent funds from the latest three months. The upper and lower bounds of the range are rounded up to the higher 0.5% and down to the lower 0.5% respectively. The dividend amount or dividend yield of the constituent funds is not guaranteed. 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.
LEARN MORE
4.4 yrs
4.2 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.
LEARN MORE
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.
LEARN MORE
A+
A
BETA
Beta vs S&P 500 measures the volatility of the returns of the portfolio against the broader market (S&P 500). 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, a 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, PIMCO, fund factsheets. As of 30th Sep 2023 14:30 SGT. Statistics are based on the weighted fund allocation within each model portfolio.
Beta vs S&P 500 measures the volatility of the returns of the portfolio against the broader market (S&P 500). 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, a 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, PIMCO, fund factsheets. As of 30th Sep 2023 14:30 SGT. Statistics are based on the weighted fund allocation within each model portfolio.
0.13
0.20
risk rating
Moderately low risk
Investments that typically aim to provide a balance of income and capital appreciation.
Low risk
Preservation of capital and the generation of regular income slightly above inflation or short-term money market rates.
Moderately low risk
Investments that typically aim to provide a balance of income and capital appreciation.
Low risk
Preservation of capital and the generation of regular income slightly above inflation or short-term money market rates.
Low
Moderately low
Why invest with Syfe?
Save as much as 60% on fees and taxes compared to traditional investing.
Income+
DIRECT Unit Trusts
Yield to maturity (%)
6.6% - 7.8% p.a.
6.1% p.a. (Average)
Dividend Taxes
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.
Optimised to minimise
dividend
withholding taxes
Depends on fund domicile
FX Risk
SGD Hedged
Depends on fund denomination
Fund Level fees
0.65%*
(Institutional funds)
1.5%+
(Retail funds)
Management / Access fees
0.25% to 0.65%
0.3 - 1.0% (Access fees) +
3.0 - 5.0% (Sales charges)
Portfolio and fund management
The portfolio is managed and advised by Syfe informed by PIMCO's forward looking views. Funds composed in the portfolio are actively managed by PIMCO.
Fund is managed by a single fund manager with a set objective. Fund managers seek to outperform market or benchmark.
Returns calculator
See how dividends can be automatically reinvested into your SRS portfolio, helping you grow your savings effortlessly.
Which SRS portfolio is best suited for you?
Core Equity100
Investments focused on equity markets that seek to provide high levels of capital appreciation over time.
Investments focused on equity markets that seek to provide high levels of capital appreciation over time.
100% Global Equities
Best-in-class INDEX FUNDS
Expertly Managed
comparison TABLE
CORE equity100 SRS
Returns p.a. (last 8 years)
Portfolio Management
Passively managed with factor based enhancements
Fund Level Fees
0.15%*
MSCI ACWI
Active Funds based Equity Portfolio
10.44%
6.0-8.0%
Passive Index
Actively managed
Not possible to invest in the index
1.0-2.0%
*Active funds based equity portfolio returns range assumes lower returns due to higher fees and active management underperformance.
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 2020) 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.
Source: Syfe’s Research as of 31 August 2024
Income+
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.
Monthly Dividends
INSTITUTIONAL FUND ACCESS
No-lock ins
comparison TABLE
Income+ SRS
DIRECT Unit Trusts
Yield to maturity (%)
-
% p.a.
6.1% p.a. (Average)
Dividend Taxes
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.
Optimised to minimise
dividend
withholding taxes
Depends on fund domicile
FX Risk
SGD Hedged
Depends on fund denomination
Fund Level fees
0.65%*
(Institutional funds)
1.5%+
(Retail funds)
Management / Access fees
0.25% to 0.65%
0.3 - 1.0% (Access fees) +
3.0 - 5.0% (Sales charges)
Portfolio and fund management
The portfolio is managed and advised by Syfe informed by PIMCO's forward looking views. Funds composed in the portfolio are actively managed by PIMCO.
Fund is managed by a single fund manager with a set objective. Fund managers seek to outperform market or benchmark.
Cash+ Flexi (SGD)
Preservation / relative safety of invested capital with returns in line with short-term money market rates.
Preservation / relative safety of invested capital with returns in line with short-term money market rates.
no lock-ins, No Minimums
accelerate your returns
LOW RISK PORTFOLIO
comparison TABLE
Cash+ Flexi (SGD)
Yield / Interest (%)
3.3% - 3.4%*
Term
None
Withdrawal
Risk
Very Low
Bank Savings Account
Fixed Deposits
T-bills
0.05%
2.90%
3.70%
None
6 months
6 - 12 months
Liquid
Early withdrawal penalties apply
No early redemption
Safe
Guaranteed
Guaranteed
*Projected yield as of 30 Apr 2024
Source: Treasury Bills Statistics (mas.gov.sg), DBS 6 month FD rate as of May 2024.
Cash+ is a low risk investment portfolio managed by Syfe. It is not a savings or deposit product at a bank. Investments involve risk and Cash+ does not provide any guarantee or assurance of returns.
income+ PRESERVE
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.
Sectors
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.
Securitised
The Securitised bucket will include Agency MBS, non-Agency MBS, CMBS, ABS, CDO, CLO, and Pooled Funds.
Investment Grade
Consists primarily of creditworthy corporate issuers having a debt rating of BBB-or greater by at least one of the recognised credit rating agencies or, if unrated, determined by PIMCO to be of comparable quality.
High Yield
Are bonds with a credit rating below investment-grade -typically "BB" or lower as rated by S&P or "Ba" or lower by Moody's. They typically offer a higher yield than investment-grade bonds but have higher risk.
Non-USD Developed
Includes developed market securities denominated in a currency other than the US Dollar.
Emerging Markets
Includes an emerging market security or other instrument economically tied to an emerging market country by country of risk. Short duration emerging markets instruments are emerging markets instruments with an effective duration less than one year and rated investment grade or higher or if unrated, determined to be similar quality by PIMCO. Emerging Markets includes the value of short duration emerging markets instruments.
Learn more
Source: Syfe, Bloomberg, fund factsheets. As of 30 June 2023. Statistics are based on the weighted fund allocation within each model portfolio.
FAQs
How can I start investing my SRS funds with Syfe?
Investing your SRS funds with Syfe is quick and easy. You may follow the below steps :
1. Open an SRS bank account with an SRS bank operator (DBS/POSB, OCBC, UOB). Once your SRS bank account is open, you may contribute into your DBS/POSB or OCBC or UOB account.
2. Once your above SRS bank account is ready, log into your Syfe app or website to select the portfolio you would like to invest in.
3. Provide your SRS bank details and deposit instructions (refer to this link to know how to find your SRS bank details). Your SRS bank details will be saved upon this step. In case you need to update your SRS bank account details or personal particulars such as changes to your NRIC/FIN, please reach out to [email protected].
4. Provide some additional personal details, employment & income details to continue onboarding to SRS portfolios.
5. Once the details are submitted, we will work on your instruction to debit funds from your SRS bank account. After debiting, we will invest your funds into your chosen portfolio. Please visit here to understand more about the various stages of investment.
What are the portfolios that I can invest on Syfe with SRS?
Syfe offers various investment options that can help you achieve significantly higher returns compared to the 0.05% annual yield from keeping your SRS funds in your SRS bank account.
By investing in Cash+ Flexi SGD, Income+ Preserve, Income+ Enhance, or Core Equity100, your SRS funds have the potential to grow over 70 times more than if left uninvested in DBS/POSB, OCBC, or UOB accounts.
What are the fees and charges on Syfe SRS portfolios?
Syfe charges a management fee depending on your Syfe pricing tier. Kindly refer to this article to learn more.
Fees applicable
- Cash Management Portfolios, 0.05-0.15% per annum
- Managed Portfolios, 0.25-0.65% per annum
For SRS Portfolios, are there other fees apart from Syfe’s management fee?
No. We strive to ensure SRS investing stays accessible and affordable, in fact, by consolidating your SRS investments into Syfe, you will be able to enjoy greater benefits.
How are my fees debited for SRS portfolios?
It will be same as the cash funded portfolios, fees are accrued daily based on your portfolio value (Net Asset Value) and reported within the app in the “FEES PAID” feature that can be found under the portfolio details page. At the end of the month, fees will be deducted and this will be reflected in the “TRANSACTION” feature.
In your monthly statement, you will find fees disclosed at each portfolio in the first 2 pages, and total fees in last page.
How long does it take from creating an SRS portfolio to start investing?
When you withdraw funds from your Syfe SRS portfolios, the securities you hold must be sold before the cash can be transferred to your bank account.
- Withdrawals to SRS banks (DBS/POSB, OCBC, UOB)
Under ordinary circumstances, Syfe processes your instruction to sell within 1 - 2 business days. However the sale of the funds within the portfolio takes anywhere from 5 to 9 business days.Once the portfolio has been liquidated, depending on the bank’s processing timelines, you should receive your funds within the next 1-2 business days. As such, this typically means that most customers can expect to receive their withdrawn funds in 2 weeks.
- Cash+ Flexi SGD: 5-6 business days
- Core Equity100 and Income+: 6-9 business days
- Withdrawals to other bank accounts
Note that SRS funds can only be withdrawn to your SRS Bank account (DBS/POSB, OCBC, UOB). If you had changed your SRS bank account during the course of your investment with Syfe, please contact [email protected] for assistance to update your bank details.
