Cash+ Flexi SGD invest in money market and short-duration bond funds, which are generally considered very low risk. These funds hold high-quality assets such as institutional deposits, government bonds, and investment-grade corporate bonds.

You can withdraw your money anytime with no exit penalties.

While Cash+ Flexi SGD is not insured by the Singapore Deposit Insurance Corporation (SDIC), it offers broader diversification and potentially higher returns compared to traditional savings accounts.

For reference, the base interest rate for most bank savings accounts is around 0.05% p.a., while Syfe Cash+ Flexi SGD is designed to offer higher potential returns, subject to prevailing market conditions. Please refer to this link for the latest rates for the Cash+ Flexi SGD portfolio.

Learn more here.

All client funds are held in a separate custodian account with HSBC Institutional Trust Services (Singapore) Limited. This means Syfe cannot access or use your funds, and your money remains secure even if Syfe ceases operations, as it is held separately from Syfe’s own assets.

Learn more about how Syfe safeguards your assets here.