Cash+ Guaranteed provides fixed, guaranteed returns over a selected term. Once your funds are invested, your rate is locked in for the entire duration of the term, and returns are paid out at maturity.

There is no limit to the number of Cash+ Guaranteed portfolios you can create. You may set up portfolios with different maturity dates and earn guaranteed returns concurrently.

This creates a “ladder” of maturity dates, giving you:

• greater flexibility in accessing your funds at different times, and
• the ability to take advantage of changes in interest rates.

Minimum and Maximum Investment Amounts

Funding in SGD

You may fund your Cash+ Guaranteed portfolio with any amount when transferring in SGD.

Funding in USD

If you wish to fund in USD, we recommend a minimum of USD 50,000.

This minimum helps maximise returns because USD transfers between banks may incur charges that reduce your net return.

• USD transfers typically incur bank-determined fees, borne by the client.
• Based on past transactions, such charges are usually at least USD 50 per transfer.
• Syfe is unable to advise the exact fee in advance.

Clients may still choose to transfer less than USD 50,000, but should be aware of potential fee impact. Learn more: What currency can I transfer funds in?

Lock-In Period

The lock-in period depends on the term selected:

• Cash+ Guaranteed (SGD): 1, 3, 6, or 12 months
• Cash+ Guaranteed (USD): 1 month

For the same term, could the investment duration be different?

Yes, if the maturity date falls on a non-business day, the investment will end on the next business day. Returns for the additional days will be pro-rated. Depending on the date of investment, the exact duration of your investment can differ in days.

For example, if you started investing on 10th of November 2023 for a term of 3 months, your funds will be invested for 3 calendar months. 3 calendar months from 10th November 2023 ends on 10th February 2024 which is a non-business day. This would mean the portfolio will mature on the next business day which is 12th February 2023. Between 10th November 2023 and 12th February 2024, there are 95 days and hence your investment will earn returns for 95 days.

For another person whose investment started on 12th November 2023, the 3 calendar months end on 12th February 2024 which is a business day. Between these 2 days, there are only 92 days and hence the portfolio will earn returns corresponding to 92 days.

Guaranteed Returns Stability

Once your investment starts, the guaranteed return and rate will remain fixed throughout the entire term. The rate does not change until maturity.

How many Cash+ guaranteed portfolios can I have?

There is no limit to the number of portfolios you can create. You can create multiple portfolios that mature on different dates while earning guaranteed returns concurrently. By doing so, you create a “ladder” of maturity dates for your multiple Guaranteed portfolios, giving you the flexibility to access funds and take advantage of fluctuating interest rates.