Syfe Core and Syfe Select portfolios
You will receive dividends from your equity and bond ETFs held within Syfe Core and Syfe Select portfolios. While not all companies pay dividends, you almost always receive some because your money is invested across thousands of companies in the world via the underlying ETFs these portfolios invest in.
Dividends received in your Syfe Core and Syfe Select portfolios are automatically reinvested for you. Whenever dividends get credited to your portfolio, they are first accumulated in the small cash balance we maintain for your portfolio. When accumulated dividends (along with any new cash inflows) reach an economically viable investment level, our cash management algorithm will trigger the purchase of additional units in your relevant holdings. This will be reflected under your portfolio 'Transactions' section as a purchase and you will see additional units in your portfolio holdings.
Syfe REIT+ portfolio
You will also receive dividends from the REITs held in your REIT+ portfolio. Dividends are automatically reinvested by default, but clients on the Syfe Black, Gold and Platinum plans can choose to have their dividends paid out to their bank account at the end of every quarter.
Learn more about how your REIT+ portfolio dividends are handled here.