Syfe charges a management fee of 0.35-0.65% per annum for the REIT+ portfolio, depending on your pricing tier. Kindly refer to this article to learn more.
Are there other fees apart from Syfe’s management fee?
If you choose REITs with Risk Management, the bonds component of your portfolio is managed via the ABF Singapore Bond Index Fund in the REIT+ portfolio. There will be an ETF management fee charged by the ETF provider Nikko Asset Management.
As the allocation to the ABF Singapore Bond Index Fund is typically around 25%, the fee payable amounts to about 0.06% annually, or $6 per $10,000 invested, which is quite low considering the asset type.
Is this cheaper than investing in a portfolio of REITs myself?
Most likely. To replicate the holdings of the REIT+ portfolio, there will be expensive brokerage charges, brokerage minimums and transaction fees incurred. Each time you make another investment or rebalance, you will incur these fees again. Besides, reinvesting dividends would be near impossible because of minimum lot sizes and the cost would be formidably high.