facebookSyfe vs singlife grow which is better I know one is ILP 1 is robo. Which fee is higher - Seedly

Anonymous

08 Nov 2021

General Investing

Syfe vs singlife grow which is better I know one is ILP 1 is robo. Which fee is higher

Syfe vs singlife grow

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https://blog.moneysmart.sg/life-insurance/singl...

SingLife Fees 0.25%/quarter. About 1%PA.

https://www.syfe.com/pricing

SYFE 0.65%PA if investment is less than 20k. Decreases with higher amount invested.

I personally would prefer Syfe as it is cheaper and the Equity100 can possibly get you better returns.

However, if you want to compare robos, I personally would prefer to go with Endowus due to the custodian account. Endowus' custodian acc is in my name, but syfe is a shared custodian acc.

So if touch wood robos toh, shared custodian acc will liquidate at that price and returned to investors, no matter red or green. With the custodian acc in my name, I choose when to liquidate.

Just my 2cents worth. You do you.

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