Starting from 1 March 2022, Syfe became a GST-registered entity. The Singapore government imposes Goods & Services Tax (GST) which is applicable to Syfe clients residing in Singapore. Depending on your pricing tier, the total fees payable range between 0.25% to 0.65% per year for Managed Portfolios and 0.05% to 0.2% for Cash Management. Find the full details of our pricing tiers here (w.e.f. 1 February 2024)  

Management fees are based on the higher of assets under management (net worth) or invested amount, and are subjected to prevailing GST rates.

In compliance with IRAS requirements, Syfe Wealth statement shows GST as a separate amount, and management fees charged are exclusive of GST.