With both Brokerage and Select Custom (part of Syfe Portfolios), you get access to a broad range of ETFs. Deciding between the two options? Here are some differences to take note of.
Pricing
With Brokerage, you pay a flat fee of US$1.49 for US stocks and ETFs (US$0.99 for the first 3 months) and 0.06% of traded value (min. S$1.98) for Singapore stocks, REITs, and ETFs. Learn more about Brokerage pricing here.
With Select Custom, your fee depends on your portfolio value and ranges between 0.35% - 0.65% per year, depending on the pricing tier you are at. For example, with a $10,000 investment in your portfolio, your monthly fee is SGD$5.42. You may use our Fee Calculator to estimate your monthly management fees or learn more about Syfe Portfolios pricing here.
Choice of ETFs
Syfe Brokerage offers stocks and ETFs listed in the US and Singapore, as well as Singapore-listed REITs. We’re also pleased to announce the addition of HK-listed stocks and ETFs with HKEX.
Syfe Select Custom offers a broader range of ETFs such as those domiciled in Ireland e.g. iShares Core S&P 500 UCITS ETF (CSPX). UCITS ETFs offer certain withholding tax advantages compared to their US-listed counterparts.
Portfolio management
Syfe Brokerage is a self-directed brokerage platform where you get to execute your own trades.
Dividends are also credited directly to your account and are not automatically reinvested for you.
Unlike Brokerage, Syfe Select Custom is an automated, fully-managed portfolio that helps you manage your investments. There is no need to execute your own trades—simply add funds and we’ll do the investing for you.
Dividends are also automatically reinvested for you, free of charge.
You may invest in up to 8 ETFs in one Syfe Select Custom portfolio and determine your preferred asset allocation. You can also set up a recurring transfer to your portfolio for regular, disciplined investing.
Last but not least, Syfe Select Custom lets you enjoy exclusive access to our wealth experts so you can take your investments further.
