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Anonymous
Currently invested in core balanced and thinking of putting some spare cash in the cash+ account
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Tan Choong Hwee
23 May 2021
Solutions Specialist at Providend
I set up cash in Syfe Cash+ for monthly DCA into Syfe Equity100 this year. YTD return +0.18%, mainly due to poor performance in Apr because of the underlying bond default risk. The transfer from Cash+ to Equity100 is very convenience, took about 1~2 business days to complete. Haven't tried withdrawal, but expect it to be similar experience.
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The Cash+ account is not bad! Some volatility along the way but has now recovered. Withdrawals took about 3 working days, and you can do it from the app