Invest in high quality money market funds with daily accruals, no limits and no lock-ups through Cash+ Flexi USD
Invest in high quality money market funds with daily accruals, no limits and no lock-ups through Cash+ Flexi USD
Invest in high quality money market funds with daily accruals, no limits and no lock-ups through Cash+ Flexi USD
Invest in high quality money market funds with daily accruals, no limits and no lock-ups through Cash+ Flexi USD
Cash+ Flexi USD is a discretionary portfolio management service provided by Syfe. It is composed of money market funds which invest in short-term deposits and high quality money market investments.
The objective of Cash+ Flexi USD is to enable investors to achieve a return in US Dollars in line with or above the prevailing money market rates, with primary considerations of maintaining low risk and high liquidity. Cash+ Flexi USD is built for investors looking to earn higher returns on their idle cash while preserving their capital and is suitable for their immediate and near-term cash needs.
Syfe may alter the constituents and/or rebalance the allocations at any time in accordance with the objective of Cash+ Flexi.
* Cash+ Flexi USD is a low risk rated discretionary portfolio management service. It is not a savings or deposit product at a bank. Investments involve risks and Cash+ Flexi USD does not provide any guarantee or assurance of returns.
Cash+ Flexi USD is a discretionary portfolio management service provided by Syfe. It is composed of money market funds which invest in short-term deposits and high quality money market investments.
The objective of Cash+ Flexi USD is to enable investors to achieve a return in US Dollars in line with or above the prevailing money market rates, with primary considerations of maintaining low risk and high liquidity. Cash+ Flexi USD is built for investors looking to earn higher returns on their idle cash while preserving their capital and is suitable for their immediate and near-term cash needs.
Syfe may alter the constituents and/or rebalance the allocations at any time in accordance with the objective of Cash+ Flexi.
* Cash+ Flexi USD is a low risk rated discretionary portfolio management service. It is not a savings or deposit product at a bank. Investments involve risks and Cash+ Flexi USD does not provide any guarantee or assurance of returns.
Cash+ Flexi USD is a discretionary portfolio management service provided by Syfe. It is composed of money market funds which invest in short-term deposits and high quality money market investments.
The objective of Cash+ Flexi USD is to enable investors to achieve a return in US Dollars in line with or above the prevailing money market rates, with primary considerations of maintaining low risk and high liquidity. Cash+ Flexi USD is built for investors looking to earn higher returns on their idle cash while preserving their capital and is suitable for their immediate and near-term cash needs.
Syfe may alter the constituents and/or rebalance the allocations at any time in accordance with the objective of Cash+ Flexi.
* Cash+ Flexi USD is a low risk rated discretionary portfolio management service. It is not a savings or deposit product at a bank. Investments involve risks and Cash+ Flexi USD does not provide any guarantee or assurance of returns.
Returns on your Cash+ Flexi USD portfolio will be accrued daily. As such, any returns earned will be automatically reflected in your Cash+ Flexi USD portfolio value.
As you stay invested, you let your returns compound to grow your investment faster. Should you opt to place a withdrawal request, you can choose to withdraw the total amount held in your Cash+ Flexi USD portfolio, including all returns earned.
Syfe invests your funds into the institutional share class of the underlying funds which retail investors do not normally have access to. The institutional share class of these funds have lower management fees and expense ratios.
On top of that, we do not charge any management fee on our Cash+ Flexi USD portfolios, and any fund-level rebates we receive are passed on to clients. These added savings meaningfully enhances the net returns you receive from your Cash+ Flexi USD portfolio.
Syfe Cash+ Flexi USD is a portfolio in our discretionary portfolio management service that is composed of money market funds that are generally considered very low risk. The constituent funds invest in low risk rated assets, such as USD short-term deposits, high-quality money market instruments, and debt securities. However, investment involves risks. You may refer to the offering documents of the constituent funds on their respective websites for further details including their risk factors.
Cash+ Flexi USD is not a savings account or deposit and is not insured by the Deposit Protection Scheme
All client funds in Syfe Cash+ Flexi USD are held at CCB (Asia) Trustee and HSBC Trustee (Hong Kong) Limited and any uninvested cash is held in Syfe HK’s Client Account with HSBC Hong Kong, which is regulated by the Hong Kong Money Authority. This means that your funds are held separately from Syfe’s own assets. Additionally, there is no lock-up, so you can choose to withdraw your money at any time with no exit penalties.
Fund Transfer
For funds transfers: when the deposit request is received before 8:30 am HKT on a business day, you will see your funds credited to your Cash+ Flexi USD portfolio within 2-3 business days. It will take one extra business day if the deposit request is received after 8:30 am HKT. Do note when funding in Hong Kong Dollar on a US public holiday, it will take an additional 1 business day, as currency conversion is required.
Withdrawal
For withdrawals: if the request is received before 8:30 am HKT on a business day, your proceeds are usually credited to your designated bank account within 2-3 business days. It will take one extra business day if the withdrawal request is received after 8:30 am HKT. Do note when withdrawing in Hong Kong Dollar during a US public holiday, it will take an additional 1 business day, as currency conversion is required.
You can deposit and withdraw your funds in either Hong Kong dollars (HKD) or United States dollars (USD).
For USD -
Why the name Syfe?
In Japanese, the word Saifu means wallet and to be closely associated with our most important attribute - which is the word safe