Cash+ Flexi holds weighted allocations in a number of money market and short-duration bond funds. View portfolio compositions here.
The fund managers provide Syfe with the amortised yields of each fund. The Gross Projected Return for Cash+ Flexi is calculated as such:
Weighted allocation of the amortised yield of fund 1 + Weighted allocation of the amortised yield of fund 2 + … + Weighted allocation of the amortised yield of fund n = Gross Projected Return
Syfe also charges management fees for Cash+ Flexi. The Projected Return is then derived as follows:
Gross Projected Return - Fund Fees (charged by fund managers) + 100% Trailer Fee Rebates - Syfe Management Fee. For example, Cash+ Flexi SGD calculation 3.93% + (-0.29%) + 0.13% + (-0.1%) = 3.7%
Projected Returns adjusted to one decimal place.