Hold up! Before you skim through this article for the Syfe promo code, why not read the TLDR first?
TLDR; Syfe’s key features at a glance
Singapore’s only Robo with a REIT portfolio available for its clients. Is Syfe for you? Yes…if you are keen on getting a little piece of Singaporean real estate pie.
Yes, you may be able to purchase these individual REITs but this particular REITs portfolio covers the top Singaporean REITs and retail investors would not gain access to this index easily.
And this is what Syfe stands for – Allowing you to gain access to portfolios that are usually reserved for high-net-worth individuals and institutions.
Of course, there are other portfolios worth mentioning and the REIT+ Portfolio is not the only one that Syfe has to offer.
For first-timers who are just testing the waters or those without much cash, Syfe is a relatively accessible option, unlike several other competitors who require a minimum deposit.
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.
Learn more about T&C’s of the promo code terms here.
Disclaimer
The review here is for educational purposes only and should NOT be taken as business, legal, investment, or tax advice. It does NOT represent or constitute a solicitation or offer to purchase any investment or a recommendation to buy or sell a security.
Do note that this content is not financial advice. If you are in doubt or unsure as to the action you should take, please consult a professional.
This article contains affiliate links. Guidesify may receive a commission from your sign-ups
Not a Plain Vanilla Theory Type Modern Portfolio
Syfe claims that their portfolios are extremely unique compared to other Robo-advisors in the market offer.
Their portfolios are built using sophisticated investment strategies that are usually reserved for HNWI and institutions, which average Singaporeans like you and I do not have access to.
REIT+ – The Easiest Way to Buy Singapore REITs
Have been wanting to invest in properties but pocket not deep enough to fork out millions of dollars to buy a whole property in Singapore?
Image Source: Freepik
Consider investing in REITs instead!
This REIT+ portfolio is the one where the Guidesify Team finds the most interesting.
As at the time of writing, Syfe is Singapore’s only Robo with a REIT portfolio available for clients and this is probably the easiest way to buy Singapore REITs without having to incur heavy brokerage fees.
This is a Singapore REIT portfolio that tracks the SGX’s iEdge S-REIT Leaders index. The REIT+ portfolio contains 20 REITs and has exposure across the different industrial, office, retail sectors such as Mapletree Commercial Trust, Capitaland Mall Trust, Keppel REIT, Suntec REIT and more.
It is important to note that REITs investing can be volatile and unpredictable.
Depending on how risk-averse you are, investors can go with the 100% REITs option, or choose the REITs with Risk Management option.
For the latter, their portfolio will contain a mix of REITs and high-grade SG Government Bonds, and be risk-managed using our ARI algorithm. This portfolio is self-adjusted during unfavourable economic situations.
The algorithm will automatically reduce investors’ exposure and risk by lowering the percentage of holdings in REITs within your portfolio during unfavourable economic situations and vice versa when the market condition is favourable.
Only for customers on the Black or above tiers (More than S$20K invested): You can choose to receive your dividends as quarterly payouts or have them automatically reinvested.
Equity100 – More Than A 100% Equity Portfolio
As the portfolio name suggests, Syfe’s Equity100 allows its investors to invest in over 1,500 top global companies with stocks or all-equity ETFs.
Some of the companies include Apple, Microsoft, Amazon, Facebook, Alibaba and Toyota.
Of course, having a portfolio with 100% exposure to stocks isn’t anything new.
It is the usage of a dynamic multi-factor smart beta strategy that really intrigued us.
This is their latest portfolio offering and according to Syfe, it came about due to the demand and feedback from clients that the Global ARI was too conservative, albeit being very safe.
What is Smart Beta?
Smart beta is smart as it combines the benefits of both passive investing and active investing strategies.
It became very popular for portfolio risk management, diversification along factor dimensions and of course, enhancement of risk-adjusted returns.
To do this, it follows indices passively and may also use other factors in its weighting methodologies, such as volatility, liquidity, and momentum.
So What is Syfe’s Multi-factor Smart Beta Strategy?
In summary, the Syfe’s team has chosen growth, large-cap & low-volatility factors as the 3 factors that would generate better risk-adjusted returns for the portfolio.
This is because stocks that fare well under this criteria are proven historically to perform better in general. These factors are also dynamically managed and weighed based on broader cyclical trends and/or changing market conditions.
The optimised Global Market Portfolio with the multi-factor smart beta strategy will then be implemented with ETFs of the highest liquidity and lowest cost.
Syfe’s backtested data suggests that the Equity100 portfolio has a 10-year annual return of 13.4%.
To have a more in-depth understanding of the Equity100’s multi-factor methodology, click here for the full writeup by Syfe themselves.
2023 Milestone Update – The Core E100 Portfolio So Far
Backtesting is cool and all, but it’s been more than 3 years since this article was first published.
And it is with great pleasure that Syfe did not disappoint us at all.
Not even a bit.
Referring to Syfe’s well-documented portfolio performance report for 2023 H1, we can see that the Equity100 portfolio has already achieved 15.9% YTD returns, as of 31 July 2023, with a 5Y annualised returns of 9.4%.
In fact, all Syfe core portfolios are in the green. For those curious, feel free to read the deep dive yourself here.
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.
Global ARI – 11 Risk Levels to Choose From!
Don’t want to purchase REITs or expose your portfolio to 100% equity?
Not to worry!
Syfe’s also has a globally diversified ETF portfolio with the usual blend of stocks, bonds and gold.
The Global ARI also comes with Syfe’s proprietary data-driven ARI algorithm which automatically cushions your portfolio whenever the market slides or improves returns during market rallies.
Most recently, Syfe’s has shown to have greatly reduced the impact on their clients’ portfolios during the COVID-19 market crash as well.
Image Source: Syfe
This is achieved via increasing or decreasing the allocation to bonds in times of volatility.
ETFs in the Global ARI includes, but not limited to:
- SPDR S&P 500 ETF (SPY)
- iShares MSCI EAFE ETF (EFA)
- iShares Core U.S. Aggregate Bond ETF (AGG)
- SPDR Gold Shares (GLD)
What are Syfe’s Fees and Minimum Investment (Syfe Promo Code Included)?
Learn more about T&C’s of the promo code terms here.
The corresponding fees you pay depends on your tier and it’s decided by the higher of your total assets under management or total invested amount across your total portfolios with Syfe.
The good news is that there is no minimum amount for you to start your investment in any of the portfolios.
| Tier | Blue | Black (At least S$20k deposited) | Gold (At least S$100k deposited) |
|---|---|---|---|
| Management Fee Rate Per Year | 0.65% | 0.5% | 0.4% |
| Arbitrary Investment Value Deposited By You | S$500 | S$20000 | S$100000 |
| 6-months Management Fees waived with Promo Code ‘GSFEEWAIVER’ | S$1.675 | S$50 | S$200 |
| Management Fee Per Year | S$3.25 | S$100 | S$400 |
Even though there is no minimum investment amount required, the more you invest, the more you save in absolute dollars with our Syfe promo code bonus, since Syfe will waive the management fees for a quarter.
And from there, you can decide whether to continue with Syfe.
Update: Use “GUIDESIFY2024” for your first SGD30,000 to be managed for free for first 3 months!
Otherwise, it would be quite safe to say that Syfe’s fees are really competitive, in comparison to its direct competitor, StashAway, with no minimum investment amount.
However, it is important to note that management fees and return rates should not be the sole factors while comparing against other Robo-advisors. It also boils down to how long you are planning to invest, how comfortable you are with their investment strategies and customer service, app/user-interface, etc.
Useful Information for New Investors
Image Source: Freepik
What are REITs?
Real Estate Investment Trusts or otherwise known as REITs are a popular and integral part of the Singapore Exchange (SGX).
It is very popular because many Singaporeans, like you and I, enjoy investing in properties. One of the easiest ways an average Singaporean can try their hand at investments in the real estate sector, without having to take up huge loans to purchase a whole property, would be investing through REITs.
REITs pool money from investors to invest in a portfolio of real estate assets, namely hotels, industrial buildings, shopping malls and offices.
One example that you might be familiar with would be this retail REIT, CapitaLand Mall Trust (CMT). CMT, the largest retail REIT by market capitalisation in Singapore, that owns and invests in many income-producing properties, namely, Tampines Mall, Junction 8, Funan, IMM Building, Plaza Singapura, Bugis Junction, JCube and many more…
What are ETFs?
An Exchange-Traded Fund is essentially an investment that tracks an underlying index and trade on an exchange, just like a typical stock.
So instead of choosing individual companies to invest in, you are able to access a range of companies within the ETF.
ETFs are relatively safe and offer lower expense ratios and lower broker commissions than buying the stocks individually. And this is how your Robo-advisors keep their management fees low for you!
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StashAway Promo Code 2020 + Review: Should You Try It?
AutoWealth Promo Code 2020: Is this the better Singapore Robo Advisor?
