Syfe allies with US-based investment management firm for unique offering
Monthly payouts range between 4.0% to 6% per annum.
Singaporean digital wealth manager Syfe has announced Syfe Income+.
Powered by US-headquartered PIMCO, Syfe utilises a distinct portfolio construction process with forward-looking perspectives and a well-established investment strategy.
During the portfolio construction process, PIMCO offers valuable insights and non-binding asset allocation recommendations to Syfe.
“Singapore investors strongly value dividend-yielding investments and are constantly seeking ways to grow their passive income stream. We continue to believe in the important role that fixed income plays in building a diversified portfolio for long-term wealth,” Dhruv Arora, CEO and Founder of Syfe, said.
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Income+ portfolios consist of top-performing active funds from PIMCO's fixed-income product suite, which are actively managed by PIMCO's portfolio managers using a combination of macroeconomic analysis and thorough research. It also enables them to promptly react to unexpected events, market disruptions, and evolving market dynamics. These portfolios are non-discretionary.
Syfe developed two distinctive 100% fixed income portfolios - Income+ Preserve and Income+ Enhance. Investors can choose their preferred portfolio and receive monthly payouts of 4.0% to 6.0% per annum (p.a.), which they can withdraw or reinvest as per their preference.
Trailer fees will be fully refunded to investors, resulting in reduced fees for them. Compared to other platforms, investors can save up to 60% on fund-level fees. Syfe charges a single flat fee of 0.35 - 0.65% per annum, based on the client's tier.