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SINGAPORE - Media OutReach - 3 February 2020 - Digital wealth manager, Syfe, today
launched the REIT+ portfolio, a first-of-its-kind initiative that allows anyone
in Singapore to start risk-managed investing in Singapore real estate with no
minimum investment.
Unlike buying a property or REITs
as a private investor, Syfe’s REIT+ product offers an easy, risk-managed and
low-cost way for investors to access Singapore’s thriving REIT market with a
fee as low as 0.4% per annum of your invested capital.
REIT+ consists of 15 high-quality
SGX-listed REITs (S-REITs) that span retail, industrial, office, and
hospitality amongst other sectors. To protect REIT+ portfolios, Syfe’s
Automated Risk-Managed Investing (ARI) will manage risk by balancing portfolios
of S-REITs with Singapore government bonds.
Through backtesting, a process that
tests algorithms by running them through historical data, the REIT+ portfolio
on average has yielded a return of 9.0% over the last five years. The portfolio
also pays a dividend, which in 2019, was 4.6%, and can be automatically
reinvested or paid-out at regular intervals offering investors a great source
of passive income.
In recent years, REITs have proven
to be a great investment option because it allows Singaporeans an easy way to
become real estate owners, without dealing with the day-to-day worries of being
a landlord. By investing in an REIT, you’re investing in properties managed by
that REIT and you’re eligible to earn dividends on the rental income earned by
those properties.
Dhruv Arora, Founder and CEO of Syfe said: “The launch of the REIT+ offering
represents another strong step forward in our journey to making quality
investment solutions accessible to all. In addition to our flagship Automated
Risk-Managed Investing (ARI) global portfolio, we now offer investors an easy
way to enter Singapore’s exciting and rewarding REIT landscape.”
“At
Syfe, we’re constantly pushing the boundaries of financial innovation, and
we’ll continue to do so to meet the investment needs of investors in
Singapore,” added Mr. Arora.
REIT+ is Syfe’s latest addition to
the platform, following the launch of a Financial Advisor team, which allows
customers to secure consultation sessions with wealth management specialists,
providing high quality financial advice.
More information on REIT+ can be
found here: https://www.syfe.com/reit-plus
Syfe is a digital wealth manager offering professionally managed
portfolios to everyone, which have previously only been accessible to
institutional investors or high-net-worth individuals, driving innovation and
democratising investment. Syfe’s proprietary algorithm, developed in-house with
state of the art technology and proven investment models, build personalised
portfolios for each customer and continuously monitors and adjusts each
portfolio to maximise returns and manage risk.
For more information about Syfe please visit: https://www.syfe.com/
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