Cash+ Flexi USD holds weighted allocations in a mix of money market and enhanced liquidity funds. You can view the full portfolio composition here.

The Gross Projected Return is calculated using the weighted average amortised yields provided by the underlying fund managers:

Weighted yield of Fund 1 + Weighted yield of Fund 2 + … + Weighted yield of Fund n = Gross Projected Return

Syfe then derives the Projected Return after accounting for fees and rebates as follows:

Projected Return = Gross Projected Return – Fund Fees + 100% Trailer Fee Rebates (if any) – Syfe Management Fee

Example:

Black tier client with 0.20% management fee for Cash+ Flexi USD. 

Assuming a Gross Projected Return of 4.30%,

Cash+ Flexi USD (Projected Return): 4.30% + (-0.10%) + (-0.20%) = 4.0%

All projected returns are annualised and rounded to one decimal place.

Will the projected return change over time?

Yes. The projected return for Cash+ Flexi USD is not fixed and may vary depending on the performance of the underlying funds and prevailing interest rate environment.

Syfe may periodically rebalance the fund allocation to optimise returns where appropriate. The most up-to-date figures can always be found on the Syfe website and app.