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rogersk

24 Nov 2020

Robo-Advisors

How should I enter/invest into Syfe?

I am a student. I am planning to liquidate my Nikko AM STI ETF from POSB, Capitaland and ESR Reit. Plus my cash on hand, I should have an estimated 10k to enter SYFE Equity100. Am able to commit SGD$100/month for DCA thereafter. Whats the best way to enter SYFE Equity100?

Liquidating STI & REITs as I do not have a huge sum invested, so my dividends will not b significant enough as compared to capital gains.

Would appreciate the guidance. Thanks!

Discussion (7)

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Syfe

24 Nov 2020

Hi Rogersk, thanks for your interest in Equity100. One advantage of Syfe is that we have no minimum investment amount. You can invest any amount at any time. If you wish to do a smaller lump sum plus DCA thereafter, that's perfectly fine too. If you wish to start off with DCA right away, you can as well. There's no need to liquidate your holdings to raise the $10K figure. Hope this clarifies.

Lin Yun Heng

19 Nov 2020

Senior Analyst at Delphi

You don't have to liquidate all of your SG holdings. You can perhaps start with entering $2000 then DCA every month with a fixed $200/month.

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30% lump sum, the rest dca...

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