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Introducing Syfe Income+: A new way to maximise returns on fixed-income investments

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Investing can be a lot like baking a cake, where every ingredient counts and the final product depends on perfect timing and a recipe that never fails. It’s no secret that getting the right mix of investments for your portfolio is a daunting task. Luckily, Syfe’s brand new Income+ portfolio is here to take the stress out of investment cake baking. Powered by PIMCO, the Income+ portfolio brings you the best ingredients for your financial dessert – a dash of expert investment advice, a sprinkle of time-tested strategies, and a healthy serving of high yields. So, whether you’re a seasoned baker or a novice, grab your apron and get ready to whip up some serious returns with Syfe’s Income+ portfolio.

For Geeks: If you are interested to find out how exactly Syfe Income+ works in detail, you can visit their website at https://www.syfe.com/magazine/income-plus-investment-strategy/.

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Syfe Promo Code 2024

Get your first S$50,000 managed free for 3 months when you sign up and deposit a minimum of S$2,000 into your Syfe Wealth Account. Plus, 3 months of unlimited free trades upon signing up with Syfe Trade, stackable with a S$20 bonus cash credit for a S$2,000 minimum deposit using our promo code!

P.S. Do note that you need a minimum deposit of S$5,000 to open an Income+ portfolio. 

What is Syfe Income+ Portfolio?

Syfe Income+ Portfolio is a low-risk investment portfolio that aims to provide regular and diversified income for capital preservation or appreciation. It invests in a mix of fixed income funds managed by PIMCO, one of the world’s largest and most respected bond managers. It is a unique offering that comes in two variations: Income+ Preserve and Income+ Enhance.

Syfe Income+ Preserve

This portfolio is designed for investors who want steady income with capital preservation. It invests mainly in high-quality bonds with low credit risk and interest rate risk. It has a yield-to-maturity of 6.4%* and pays monthly dividends in the range of 4.0% to 4.5% p.a. 

Syfe Income+ Enhance

This portfolio is designed for investors who want higher income with capital appreciation.It invests in a more diversified mix of bonds with higher yield potential and moderate credit risk and interest rate risk. It has a yield-to-maturity of 8.2%* and pays monthly dividends in the range of 5.0% to 6.0% p.a. 

For both Preserve and Enhance, you can choose to have these payouts go directly to your bank accounts every month or be reinvested automatically.

Why Syfe Income+ is the Top Choice for Fixed Income Investors

Syfe Income+ is suitable for investors who want a low-risk and hassle-free way to earn regular income from their investments. It can also complement your existing portfolio by providing diversification and stability in volatile markets.

Both Income+ Preserve and Income+ Enhance invest in a diversified mix of fixed-income sectors, such as US government-related, securitised, investment grade, high yield and emerging markets. 

They also have access to institutional fund classes that have lower fees than retail fund classes. Syfe passes on 100% of the trailer fee rebates to you, which lowers your overall cost of investing.

Income Plus Preserve vs Income Plus Enhance

You can receive monthly payouts directly to your bank account or reinvest them into the portfolio. Withdrawals can be done without any lock-in periods or penalty fees, giving you maximum flexibility and control over your cash flow compared to traditional fixed-income products.

Last but not least, you can also switch between the portfolios at any time without any fees or penalties.

How does Syfe Income+ versus Other Offerings: How It Stacks Up

To give you a better idea of how Syfe Income+ Portfolio stacks up against other offerings, we have prepared a simple comparison table below:

ProductSyfe Income+ PreserveSyfe Income+ EnhanceFixed Deposit (Average)SSB (Average)
Yield / Monthly PayoutYTM: 6.4%Monthly payout: 4.0 – 4.5 % p.a.YTM: 8.2%Monthly payout: 5.0 – 6.0 % p.a.3.7 % p.a. (as of May 2023)3.03% p.a. (as of May 2023)
TermFlexibleFlexible3 – 12 monthsUp to 10 years
Interest PaymentsMonthlyMonthlyQuarterly or AnnuallyEvery 6 months
Withdrawal Time2-3 working days2-3 working days2-3 working daysUp to 1 month
Withdrawal PenaltyNoneNonePenalty & loss of accrued interest (for premature withdrawals)None, just a $2 transaction fee

As you can see, Syfe Income+ Portfolio offers higher yields and monthly payouts than fixed deposits or SSBs, with more flexibility and convenience.

Wait! What is PIMCO? Why is PIMCO?

PIMCO is a global leader in active fixed income, with over 50 years of experience in managing fixed-income portfolios and a proven track record of delivering superior risk-adjusted returns.

They offer a variety of bond funds, ranging from diversified funds of global investment grade bonds designed to maximise total return and capital preservation (PIMCO GIS Global Bond Fund) to funds that offer flexible exposure to different sectors of the Asian fixed interest markets to generate attractive and stable income and long term capital appreciation (PIMCO GIS Asia Strategic Bond Fund).

Syfe Income+ Portfolios then help investors create a diversified portfolio of these PIMCO funds and PIMCO provides Syfe with model portfolio guidance. This means that Syfe’s portfolio construction process includes PIMCO’s forward looking views and time tested investment approach to deliver the best outcome for your income needs. This is great because by investing via Syfe, retail investors are now able to get access to institutional level investment strategies that are typically reserved for the ultra-high net worth investors. 

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Syfe Promo Code 2024

Get your first S$50,000 managed free for 3 months when you sign up and deposit a minimum of S$2,000 into your Syfe Wealth Account. Plus, 3 months of unlimited free trades upon signing up with Syfe Trade, stackable with a S$20 bonus cash credit for a S$2,000 minimum deposit using our promo code!

P.S. Do note that you need a minimum deposit of S$5,000 to open an Income+ portfolio. 

If you’re tired of paltry returns from fixed deposits and the rigidity of SSBs, Syfe’s Income+ Portfolio may just be the answer to your investment prayers. Offering monthly payouts that leave traditional options in the dust, Income+ delivers convenience and flexibility in spades. So why settle for mediocrity when you can indulge in something much sweeter?

* For more information on how yield-to-maturity is defined and calculated, visit the definitions at the bottom of Syfe’s Income investment strategy article.

Related to Syfe Income Plus:

Syfe Promo Code 2023: It Is Not Just REITs

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