facebookHow does Syfe fees work? Do i get charged 0.65% of my entire portfolio value every month? - Seedly

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Anonymous

01 Aug 2022

βˆ™

Robo-Advisors

How does Syfe fees work? Do i get charged 0.65% of my entire portfolio value every month?

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Tan Choong Hwee

01 Aug 2022

Investor/Trader at Home

Refer to Syfe pricing info:

https://www.syfe.com/wealth/pricing

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The following 2 FAQs are relevant to your questions:

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How is the fee calculated?

The fee is calculated on a daily basis and billed at the end of each month. If you withdraw your balance before that, you pay only for the days your money was managed by Syfe. Your tier, and corresponding fees, are decided by the higher of your total assets under management or total invested amount across all portfolios.

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How do I pay for the fees and charges?

When you fund your portfolio, we set aside a small cash component. The relevant fees will be automatically deducted from this cash component each month.

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