facebookAfter putting money into syfe, what would they do with your money? And in years of putting money into it, will I be able to take it out? - Seedly

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Anonymous

18 May 2020

Robo-Advisors

After putting money into syfe, what would they do with your money? And in years of putting money into it, will I be able to take it out?

Discussion (2)

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Eliezer

18 May 2020

Content & Community Lead at Syfe

Hello there! Adding on to Matthew's reply, there is nothing further you need to do after funding your Syfe account. We will automatically invest your funds for you within 1 -2 working days. Thereafter, we will be managing your portfolio on your behalf.

You can also make further investments each month to your Syfe portfolio. There are no additional fees for brokerage / transaction charges. If you wish to withdraw, you can do so anytime through your Syfe account.

Matthew Tan

17 May 2020

Undergraduate at NTU

There will be an email sent to you that they have received the funds, and after 1-2 business days it'll get invested in your portfolio.

If you're wondering about what Syfe does with the money, it'll go to a trust account with DBS which is seperate from Syfe's own account.

There's no lock in period so can take out your money anytime without fees. You can contact their advisory team for more in depth details.

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