Anonymous

26 Apr 2023

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1)Can someone explain how SYFE charges? I have 3 accounts with them and i notice that i have fee deduction in all 3 accs? Shouldn't it be only 1 fee charged?2) My portfolio has been underperforming

Is anyone facing the same underperforming record in their portfolio :(

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SamC

01 May 2023

The total fees is split accross the portfolios as a ratio

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Financelearner

26 Apr 2023

1) Syfe charges based on the total amount actually. It is just they split it into different portfolios so that it would reflect better to each of them I guess.

This approach is also utilized by other robo-advisors.

2) It's not only your portfolios that are underperforming, but rather many individuals due to the bear market.

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Tony

26 Apr 2023

Computer Engineering at Nanyang Technological university

You meant 3 portfolios? the fee for an account is based on your total amount invested with Syfe. Ann...

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