Syfe Cash+ holds a 30% allocation to Lion Global SGD Money Market Fund (MMF) and a 70% allocation to Lion Global SGD Enhanced Liquidity Fund (ELF). Lion Global provides Syfe with the amortised yields of each fund. 

As such, the Gross Projected Return for Cash+ is calculated as such:

30% of the amortised yield for MMF + 70% of the amortised yield for ELF = Gross Projected Return

The Projected Return of 1.5% p.a. is derived as such:

Gross Projected Return - Fund Fees (charged by Lion Global) + 100% Trailer Fee Rebates - Syfe Management Fee

As shown in the table above: 1.67% - 0.3% + 0.13% - 0% = 1.5% 

Syfe does not charge any management fees for Cash+.