Earn higher returns on your idle cash
Invest in high quality money market funds with daily accruals, no limits and no lock-ups through Cash+
【Limited Offer】Simply enter the code “SYFEHK500” at sign up to be eligible to get either HK$200 / HK$500 when you first fund HK$25,000 / HK$ 100,000 in a single transfer into Cash+ or any Syfe portfolios.
T&C apply. A cash flow of a specified amount must be maintained in your Syfe account for 90 days to be eligible for the offer.
【Limited Offer】Simply enter the code “SYFEHK500” at sign up to be eligible to get either HK$200 / HK$500 when you first fund HK$25,000 / HK$ 100,000 in a single transfer into Cash+ or any Syfe portfolios.
T&C apply. A cash flow of a specified amount must be maintained in your Syfe account for 90 days to be eligible for the offer.
Fund partners
Earn higher returns on your idle cash
Invest in high quality money market funds with daily accruals, no limits and no lock-ups through Cash+
【Limited Offer】Simply enter the code “SYFEHK500” at sign up to be eligible to get either HK$200 / HK$500 when you first fund HK$25,000 / HK$ 100,000 in a single transfer into Cash+ or any Syfe portfolios.
T&C apply. A cash flow of a specified amount must be maintained in your Syfe account for 90 days to be eligible for the offer.
【Limited Offer】Simply enter the code “SYFEHK500” at sign up to be eligible to get either HK$200 / HK$500 when you first fund HK$25,000 / HK$ 100,000 in a single transfer into Cash+ or any Syfe portfolios.
T&C apply. A cash flow of a specified amount must be maintained in your Syfe account for 90 days to be eligible for the offer.
Fund partners
Earn higher returns on your idle cash
Invest in high quality money market funds with daily accruals, no limits and no lock-ups through Cash+
【Limited Offer】Simply enter the code “SYFEHK500” at sign up to be eligible to get either HK$200 / HK$500 when you first fund HK$25,000 / HK$ 100,000 in a single transfer into Cash+ or any Syfe portfolios.
T&C apply. A cash flow of a specified amount must be maintained in your Syfe account for 90 days to be eligible for the offer.
【Limited Offer】Simply enter the code “SYFEHK500” at sign up to be eligible to get either HK$200 / HK$500 when you first fund HK$25,000 / HK$ 100,000 in a single transfer into Cash+ or any Syfe portfolios.
T&C apply. A cash flow of a specified amount must be maintained in your Syfe account for 90 days to be eligible for the offer.
Fund partners
Earn higher returns on your idle cash
Invest in high quality money market funds with daily accruals, no limits and no lock-ups through Cash+
【Limited Offer】Simply enter the code “SYFEHK500” at sign up to be eligible to get either HK$200 / HK$500 when you first fund HK$25,000 / HK$ 100,000 in a single transfer into Cash+ or any Syfe portfolios.
T&C apply. A cash flow of a specified amount must be maintained in your Syfe account for 90 days to be eligible for the offer.
【Limited Offer】Simply enter the code “SYFEHK500” at sign up to be eligible to get either HK$200 / HK$500 when you first fund HK$25,000 / HK$ 100,000 in a single transfer into Cash+ or any Syfe portfolios.
T&C apply. A cash flow of a specified amount must be maintained in your Syfe account for 90 days to be eligible for the offer.
Fund partners
Flexible with no minimum balance or lock-ups
Stable returns, USD denominated
Maximise dollar return with daily accruals, no max cap
No management fees 100% trailer fee rebates
Open an account now starting with just HK$10,000! Learn more
Over 100,000+ investors trust the Syfe brand
to grow their wealth
Platform partners
Past Total Returns
Cash+ is built for investors looking to earn higher returns on their idle cash and is suitable for their immediate and near-term cash needs. Since inception, Cash+ has tracked the money market rates closely with zero negative weekly returns.
Nov 2022
Dec 2022
Jan 2023
Feb 2023
Since Inception
Cash+ Net Returns*
0.35%
0.40%
0.44%
0.39%
1.71%
Hypothetical Return on 100,000 HKD invested
$350
$400
$440
$390
$1,710
FED Funds Target Rate (Period equivalent)
0.33%
0.36%
0.38%
0.36%
1.55%
FED Funds Target Rate**
4.00%
4.50%
4.50%
4.75%
4.29%***
Cash+ was launched on 19th Oct 2022. Cash+ Net Returns refers to the actual realised returns of Cash+ in USD for the respective periods net of constituent fund fees, Syfe management fee (currently zero) and addition of trailer fee rebates that are passed to clients (currently ~4bps).
Investment involves risks. Past returns of Cash+ are not indicative of future performance.
*Rounded to 2 decimal points.
**FED Funds Target Rate is the month-end rate sourced from: https://fred.stlouisfed.org/series/DFEDTARU
***Since Inception FED Funds Target Rate is derived as the blended rate over the months listed, and similarly FED Funds Target Rate (Period equivalent) is derived as returns based on blended Fed Fund Target Rate over that month.
Investment involves risks. Past returns of Cash+ are not indicative of future performance.
*Rounded to 2 decimal points.
**FED Funds Target Rate is the month-end rate sourced from: https://fred.stlouisfed.org/series/DFEDTARU
***Since Inception FED Funds Target Rate is derived as the blended rate over the months listed, and similarly FED Funds Target Rate (Period equivalent) is derived as returns based on blended Fed Fund Target Rate over that month.
Built using money market funds from Hong Kong's leading asset managers
Get access to institutional share-class funds from leading asset managers.
Current Constituents of Cash+
Current Allocation
Average Maturity*
E Fund (HK) US Dollar Money Market Fund
Invests primarily in USD short-term deposits and money market instruments, while maintaining a weighted average portfolio maturity of not exceeding 60 days.
50.00%
46 days
CSOP US Dollar Money Market Fund
Invests in high quality money market instruments and debt securities. Investments may include government and corporate bonds, commercial bills, short-term notes and deposits with financial institutions.
50.00%
54 days
Current Constituents of Cash+
Current Allocation
Average Maturity*
E Fund (HK) US Dollar Money Market Fund
Invests primarily in USD short-term deposits and money market instruments, while maintaining a weighted average portfolio maturity of not exceeding 60 days.
50.00%
46 days
CSOP US Dollar Money Market Fund
Invests in high quality money market instruments and debt securities. Investments may include government and corporate bonds, commercial bills, short-term notes and deposits with financial institutions.
50.00%
54 days
Current Constituents of Cash+
E Fund (HK) US Dollar Money Market Fund
Current Allocation
50.00%
Average Maturity*
46 days
CSOP US Dollar Money Market Fund
Current Allocation
50.00%
Average Maturity*
54 days
*Average Maturity (aka duration) refers to the average length of time to maturity of all the securities invested by each constituent fund. It is used to measure the sensitivity of the constituent funds to changing money market interest rates. The data, as of 31 Jan 2023, is sourced from the respective constituent funds' documents available below.
E Fund (HK) US Dollar Money Market Fund - Monthly Fund Factsheet
CSOP US Dollar Money Market Fund - Monthly Newsletter
Cash+ is a low risk rated discretionary portfolio management service provided by Syfe. Syfe may alter the constituents and/or rebalance the allocations at any time in accordance with the objective of Cash+.
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.
While the constituent funds in Cash+ are authorized by the SFC, authorization does not imply official recommendation. This advertisement has not been reviewed by the SFC.
E Fund (HK) US Dollar Money Market Fund - Monthly Fund Factsheet
CSOP US Dollar Money Market Fund - Monthly Newsletter
Cash+ is a low risk rated discretionary portfolio management service provided by Syfe. Syfe may alter the constituents and/or rebalance the allocations at any time in accordance with the objective of Cash+.
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.
While the constituent funds in Cash+ are authorized by the SFC, authorization does not imply official recommendation. This advertisement has not been reviewed by the SFC.
Cash+ Strategy
Cash+ 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+ 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+ 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+.
* Cash+ 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+ does not provide any guarantee or assurance of returns.
Cash+ Strategy
Cash+ 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+ 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+ 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+.
* Cash+ 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+ does not provide any guarantee or assurance of returns.
Cash+ Strategy
Cash+ 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+ 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+ 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+.
* Cash+ 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+ does not provide any guarantee or assurance of returns.
*The screen displays and/or the images of the website are for reference and illustration purposes only.
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Join 100,000+ investors on Syfe now!
Join 100,000+ investors on Syfe now!
In July 2021, Syfe closed Series B funding round led by Valar Ventures, bringing total funding round to date to over US$52 million
NEW
automated recurring transfers
Move money from Cash+ to your Syfe investment portfolios each month with no fees
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Adopting the Dollar-Cost-Averaging approach for your investments
Customise a weekly or monthly schedule of your choosing.
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Frequently asked questions
Why invest with Syfe?
01:24
Investing is not guessing. Is Syfe trustworthy?
00:58
Is managing wealth with Syfe affordable?
00:55
How to get started with Syfe?
00:25How do I receive the returns from my Cash+ portfolio?
Returns on your Cash+ portfolio will be accrued daily. As such, any returns earned will be automatically reflected in your Cash+ 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+ portfolio, including all returns earned.
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+ portfolio, including all returns earned.
Why should I invest in Syfe’s discretionary Cash+ as opposed to doing it myself?
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+ 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+ portfolio.
On top of that, we do not charge any management fee on our Cash+ 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+ portfolio.
Is Syfe Cash+ safe and is it protected by the Deposit Protection Scheme?
Syfe Cash+ 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+ is not a savings account or deposit and is not insured by the Deposit Protection Scheme
All client funds in Syfe Cash+ 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.
Cash+ is not a savings account or deposit and is not insured by the Deposit Protection Scheme
All client funds in Syfe Cash+ 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.
How long does the funding and withdrawal process for Cash+ take?
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+ 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.
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+ 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.
In what currency can I fund or withdraw for Cash+ portfolios, and any associated charges?
You can deposit and withdraw your funds in either Hong Kong dollars (HKD) or United States dollars (USD).
For USD -
Syfe does not charge any deposit, withdrawal or exit fees. You can deposit or place a withdrawal request from any of your portfolios whenever you want.
For USD -
- Deposits and withdrawals done through a HSBC bank account in Hong Kong, is currently free.
- Deposits made from a non-HSBC bank, please note that the bank may charge a fee.
- Withdrawals to a non-HSBC bank, if cleared via HK local clearing platform (CHATS), payments can be sent via RTGS out at HKD 55. This bank charge is imposed by HSBC at their discretion and may change in future, and will be borne by the customer.
Syfe does not charge any deposit, withdrawal or exit fees. You can deposit or place a withdrawal request from any of your portfolios whenever you want.
As featured in
Pronounced as
Sounds like life
Sounds like life
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
In Japanese, the word Saifu means wallet and to be closely associated with our most important attribute - which is the word safe
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The information contained herein is for general information and reference purposes only. Information on this website is not and should not be construed as an offer to sell, or a solicitation of an offer to buy any security, investment product or service, nor a distribution of information for any such purpose. It is not intended to form the basis of any investment decision. Investors should not make any investment decision based solely on the information and services provided herein. Before making any investment decision, investors browsing this website should consider his/her own circumstances including but not limited to his/her financial situation, investment experience and investment objectives, and should understand the nature, terms and risks of the relevant investment funds in detail. Unless otherwise specified, all historical figures shown are for illustration purposes only and not necessarily indicative of future performance. All forms of investment carry risks, including fluctuation of prices of fund units and the possibility of loss of the capital invested. Please ensure that you fully understand the risks and costs involved by reading the Risk Disclosure Statement. The fund(s) mentioned above may not be authorised by the Securities and Futures Commission ("SFC") in Hong Kong. Please seek professional advice from an independent financial consultant where necessary. The webpage(s) have not been reviewed by the SFC. Syfe Hong Kong Limited (“Syfe”) is a Hong Kong Corporation licensed by the SFC (CE No. BRQ741) under Types 1 (Dealing in Securities), 4 (Advising on Securities), and 9 (Asset Management) for conducting relevant investment activities. Every reasonable care has been taken by Syfe to ensure that the information included on this website is correct, up-to-date, complete, fit for its intended purpose and in line with relevant legislation and regulations. However, errors or omissions may occur due to circumstances out of Syfe’s control and information or forecast, being current only as at the date it is first posted, showing prevailing market conditions and certain assumptions (which may not be proven valid) posted on this website is and may no longer be true or complete when viewed by you. No warranty will be given or representation made, regarding the accuracy, validity or completeness of the information on this website and no liability is accepted by such persons for the accuracy or completeness of such information.
