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Syfe

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  • Reviews (929)
  • Discussions (0)
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Syfe Logo
4.6
929 reviews
claimed
Claimed

This product is managed by Syfe.

Summary

Product Page Transparency

  • Claimed in September 2020
  • Pays to access additional features

Syfe Review 2022

Benefits and Features of Syfe

  • Effortless investing with fully managed portfolios
  • No minimum investment, free withdrawals anytime
  • Choose from 7 portfolio types
  • Low fees starting from 0.4% - 0.65% p.a.
  • Sign up in 3 minutes using Singpass

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Summary

Product Page Transparency

  • Claimed in September 2020
  • Pays to access additional features

Syfe Review 2022

Benefits and Features of Syfe

  • Effortless investing with fully managed portfolios
  • No minimum investment, free withdrawals anytime
  • Choose from 7 portfolio types
  • Low fees starting from 0.4% - 0.65% p.a.
  • Sign up in 3 minutes using Singpass

Plans (2)

Syfe

ETFs, Equities, Bonds, REITs, Gold

INSTRUMENTS

0.4% to 0.65%

ANNUAL MANAGEMENT FEE

None

MINIMUM INVESTMENT

N/A

EXPECTED ANNUAL RETURN

Web and Mobile App

PLATFORMS

Syfe Cash+

Cash Management

INSTRUMENTS

0.1%

ANNUAL MANAGEMENT FEE

None

MINIMUM INVESTMENT

3.7%

EXPECTED ANNUAL RETURN

Web and Mobile App

PLATFORMS

Syfe

ETFs, Equities, Bonds, REITs, Gold

INSTRUMENTS

0.4% to 0.65%

ANNUAL MANAGEMENT FEE

None

MINIMUM INVESTMENT

N/A

EXPECTED ANNUAL RETURN

Web and Mobile App

PLATFORMS

Reviews (929)

4.6

929 Reviews

5
646
4
234
3
26
2
13
1
10

Service Rating

User Experience

4.6

Ease of Sign up

4.8

Customer Support

4.6

      Posted 4d ago

      Purchased

      Syfe

      [User Experience] Offers various investment products that help me invest my money. I have Syfe REIT+ as well as Cash+ portfolios with them. Investing was made easy because of GIRO. Every month, my preset amount of money would be automatically deducted from my bank account. I just need to set it up once and forget about it. [Returns Rate] I like the consistent dividends yielded by the REIT+ portfolio, but pls take note that you cannot withdraw these dividends if your portfolio has not hit $20k yet. These dividends will be automatically invested into the market.

      0

      What are your thoughts?

      Posted 22 Jan 2024

      Purchased

      Syfe

      [Onboarding Experience] Really easy to sign up. Fast as well. Transfers are easy and reflected [User Experience] App is very simple and easy to use. All the information is there, available for us to read before investing. [Returns Rate] Satisfied with the returns so far.

      2

      What are your thoughts?

      All portfolios are in general down for over the two years. I am yet to see positive.. Regularly topping up equity and balanced

      View 1 replies

      Posted 25 Sep 2023

      Purchased

      Syfe

      I have been using Syfe predominantly for its Equity100 and REIT+ portfolios since May 2021. It has been about 2.5 years. So far, if we include the reinvested dividends and based on simple return, I am in the positive. Overall, portfolio loss of S$4,226.37 of which reinvested dividends are at S$4,867.67. However, if based on time-weighted returns, my Equity100 is at -3.83%p.a. and my REIT+ is at -7.31%p.a. Of course, that's not exactly great performance but DCAing is made really easy and convenient by Syfe's UI and UX, which I think is definitely the best out of all the roboadvisers and brokerages I am using. Overall, I am ok with Syfe though I am definitely hoping for better returns in the years-to-come when the interest rate environment improves.

      0

      What are your thoughts?

      Posted 25 Sep 2023

      Purchased

      Syfe

      [User Experience] ive been a Syfe user for close to 2 years now. i have explored many other investing platforms and i can safely say that Syfe has one of the best UX and UI in the market. it is very convenient to navigate and almost what u need to know about a particular stock can be found within the app. highly recommend for those starting out and definitely a good form of diversification for the more experienced ones! [Customer Support] this is mainly why im motivated to write in a review for Syfe. on top of the other convenience that i have mentioned earlier, i recently called in to solve an issue i was facing with the app. Fatyn assisted me in solving it. it was a pleasant experience. she took the time to understand the issue, was patient in listening what i had to say and gave effective solutions that was within my grasp of knowledge. all in all, highly recommend!

      0

      What are your thoughts?

      Posted 04 Sep 2023

      Purchased

      Syfe

      [User Experience] Syfe Trade platform is easy to use. For power traders, the interface is lacking with the technical analysis. I am a normal person, the simple interface is perfect for me since I only go in to do a bi-weekly DCA into VOO, QQQ and Apple.

      0

      What are your thoughts?

      Posted 25 Jul 2023

      Purchased

      Syfe

      The platform's user-friendly interface and easy onboarding process make investing a breeze with its low fees.

      0

      What are your thoughts?

      Posted 24 Dec 2022

      Purchased

      Syfe

      Thank you Syfe for the new app update. (1) But I hope the dashboard can show the TOTAL portfolio value too (i.e. Managed Portfolio value PLUS Cash+ value). (2) The down arrow (i.e. Loss) can be shown in red colour instead of White colour. Same for up arrow, to show as Green colour. (3) When logging-in, can Syfe allow user to choose to "quick enter" without the need to use fingerprint or key in password.

      0

      What are your thoughts?

      Posted 27 Nov 2022

      Purchased

      Syfe

      Been using Syfe for the Reit. Like the convenience of how the dividend able to be automatically reinvested and how the portfolio will be re-balanced.

      0

      What are your thoughts?

      Posted 10 Oct 2022

      Purchased

      Syfe

      UI feels good. Might be abit hard to navigate initially but it gets easier. Can try to reduce some clutter. Same day withdrawal for cash + feels good and I can park my spare money there.

      0

      What are your thoughts?

      Posted 06 Sep 2022

      Purchased

      Syfe Cash+

      signup and onboarding was well done. Underlying assets that the fund buys is highly similar to the other robo-advisors. Syfe generally offers a faster withdrawal than the other roboadvisors, but they recently did a bit of a pivot moving away from human advisors.

      1

      What are your thoughts?

      Syfe

      22 Feb 2021

      Hi Boon Tat, thank you for your feedback. We've rolled out a new update for our mobile app, which should make the investing process smoother. The new update also comes with more investor resources. Regarding fund transfers, you will receive a confirmation email from us within 1 working day and your funds will be invested in 1 - 2 working days.

    Discussions (0)

      No Posts Found.

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      Types of Portfolios at Syfe

      Syfe REIT+

      • The easier way to earn passive income
      • Invest in 20 of the largest Singapore REITs: Ascendas REIT, Mapletree Commercial Trust, CapitaLand Integrated Commercial Trust, and more
      • Tracks the SGX iEdge S-REIT Leaders Index
      • 2020 dividend yield: 4.5%

      Syfe Equity100

      • 100% equity exposure
      • Invest in over 1,500 of the world’s top companies from US tech giants Apple, Microsoft, Facebook to rising Chinese companies like Tencent, Meituan, Pinduoduo
      • Smart beta strategy tilts the portfolio to three factors: China exposure, growth, and low volatility 
      • Annualised 10-year return of 14.3%

      Syfe Core

      • All-in-one portfolios holding stocks, bonds and gold
      • Choose between Core Growth, Core Balanced, and Core Defensive depending on your investment goals, time horizon and risk appetite
      • Diversified exposure to US and China via top companies such as Apple, Microsoft, Alibaba, PepsiCo, Johnson & Johnson, Tencent Holdings and more

      Syfe Cash+

      • Earn more on your savings with 1.5% p.a. projected returns
      • Your money is invested in low-risk money market and short duration bond funds
      • No limits, no lock-ins, no Syfe management fee

      Fees and Charges for Syfe

      There is no minimum investment amount with Syfe. The fees you pay Syfe depends on which tier of membership you're at:

      Blue

      Black

      Gold

      Management Fee per year

      0.65%

      0.50%

      0.40%

      Total sum of invested / Value across all portfolios

      No minimum

      from S$20,000

      from S$100,000

      Access to wealth experts

      First month only

      Yes

      Yes, through dedicated expert

      Other Fees to take note of:

      ETF Management Fees - These are reflected in the prices of your ETFs average to about 0.15% (S$15 per S$10,000 invested annually). This is charged by the ETF manager and not by Syfe.

      How Does Syfe Work?

      Syfe helps you grow and manage your money effortlessly through cash management and automated investing. For your long-term wealth goals, choose from six fully-managed investment portfolios. To earn more on your savings, Syfe’s cash management portfolio offers a projected return of 1.5% p.a.

      Syfe uses ETFs from leading fund managers such as BlackRock, Vanguard and State Street. Its REIT+ portfolio was launched in collaboration with SGX to allow investors access to the popular iEdge S-REIT Leaders Index.

      Syfe builds your portfolio according to your risk tolerance, investing goals, and investment horizon. All you need to do is transfer funds and Syfe will handle everything else from investing your funds, reinvesting your dividends, and rebalancing your portfolio periodically.

      How To Start A Syfe Account

      • Take a brief risk questionnaire on their site
      • Confirm your portfolio and set up your Syfe account 
      • Use Singpass to create your account in 3 minutes 
      • To fund your portfolio, you may transfer funds through FAST / PayNow
      • Your funds will be invested in your portfolio within 1 - 2 business days

      About Syfe

      Invest better, faster and smarter with Syfe. Syfe is a digital wealth manager for investors who expect more – greater transparency, smart­er personalised portfolios, and better investment outcomes.

      As one of Singapore’s fastest-growing robo advisors, we do all the heavy lifting for you, from fund selection, reinvesting dividends to rebalancing your portfolios and more! All you have to do is sit back and watch your money grow. Our portfolios offer a smarter way to invest with low fees and no minimums. 

      We're also licensed by the MAS under a Capital Markets Services License, so you can be rest assured your money is safe with us.

      Contact Syfe

      • Email: [email protected]
      • Phone: +65 3138 1215
      • Address: 4 Robinson Rd, #11-01 The House Of Eden, Singapore 048543

      Operations

      Capital Markets Services Licence (CMS100837)

      Contact us at [email protected] should you require any assistance or spot any inaccuracies.