Syfe Cash+ @ 1.75% p.a

dappermen

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The question is, how are they achieving 1.75% p.a.? Even Endowus Cash Smart Enhanced has a projected rate of 1.5-1.7% p.a. and I'm already a little wary of the risks of the underlying holdings. To get 1.75% they're probably allocating more to riskier funds than Endowus is.

Stshwy is only 1.4! i regret placing!!! even though i pl it b4 covid era,slightly higher!https://www.stashaway.sg/simple
the rest
ret.r stil lower than singlife 2%!
all r regulated...anyway
 

cassowary18

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Stshwy is only 1.4! i regret placing!!! even though i pl it b4 covid era,slightly higher!https://www.stashaway.sg/simple
the rest
ret.r stil lower than singlife 2%!
all r regulated...anyway

Regulated doesn't mean risk free. Brokerages are regulated but you're still taking investment risk when you purchase from them.

Like I mentioned, the risk comes from the underlying holdings of the fund.
 

dappermen

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your app should allow u to deposit for the Cash account with SYFE now

Diff from its other competitors? it has 35% on LionGlobal Short-Duration Bond funds!
 
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dappermen

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Is that good? Newbie here.
U supremacy mbr liao! i new mbr still....Lol

at least it gives an option of accessing shorter-term(bonds) options compared to the other competitors, but but i m not sure will that lead to more fluctuations (compared to the rest), nevertheless Syfe is confident to offer 1.75%+ already (which is slightly lower than Singlife)& definitely higher than Stashaway.
 

Dividends

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Opened a Cash+ portfolio with 10k to test waters. Returns are supposedly credited daily.


Edit:
I plan to use the funds in there to DCA daily into my REITs+ portfolio.
 
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dappermen

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it is 2% for the 1st 10K @ singlife, daily crediting of returns too, withdrawl is instant too!
 

xiaosinsinful

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Opened a Cash+ portfolio with 10k to test waters. Returns are supposedly credited daily.


Edit:
I plan to use the funds in there to DCA daily into my REITs+ portfolio.

Wow what a baller 10k to test.

Btw I was thinking do they have some kind of DCA function that allow deduction of funds from cash+ like on a daily /monthly basis to fund the other portfolio?
 

hwmook

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Wow what a baller 10k to test.

Btw I was thinking do they have some kind of DCA function that allow deduction of funds from cash+ like on a daily /monthly basis to fund the other portfolio?

I put in 20k to test....
 

direbmem

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Opened a Cash+ portfolio with 10k to test waters. Returns are supposedly credited daily.


Edit:
I plan to use the funds in there to DCA daily into my REITs+ portfolio.
I think it's daily accrual, credited monthly. They may not show the daily accrual like Singlife.
 

poingyo

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those keep saying whether capital guarantee, no SDIC protection.. you just put your money in bank forever la...

other than bonds, fixed Deposit, all other investment asset class have no capital guarantee and SDIC protection..
 
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