INCOME+

Syfe Income+ is a discretionary managed portfolio service designed to meet the diverse income needs of investors. It consists of three investment portfolios:

Income+ Pure: Tailored for investors seeking regular monthly income with lower risk.
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Income+ Enhance: Designed for investors looking for higher monthly income and growth potential.
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Income+ Max – Designed for investors looking to maximise monthly income along with growth potential.

The portfolios are actively managed and diversified across various multi assets and fixed-income assets. This diversification helps reduce the impact of any single bond or asset class on the overall portfolio's performance.

There is a minimum amount of HK$10,000 to start investing, to ensure that investors can take full advantage of the portfolios' features such as monthly payout of dividends to their bank account. Investors in Income+ portfolios always receive dividends, but the payout to bank feature can be enabled only if you have an invested amount or current portfolio value of at least HK$10,000, otherwise your dividends will be automatically reinvested in your Income+ portfolios.

As per Securities and Futures Commission regulations, we are required to verify your identity by a HK$10,000 or US$1,300 bank transfer from your bank account, in order to open a Syfe account for you.

In our pursuit of democratising investing, there is no minimum amount to start investing into Income+ portfolios. 

Though, for you to take advantage of the payout to bank feature, portfolio value needs to be at least HK$10,000/US$1300, otherwise your dividends will be automatically reinvested in your Income+ portfolios.You have the option to switch between monthly payout and automatic dividend reinvestment depending on your immediate income needs. The default option is automatic dividend reinvestment. You can change to monthly payout in the Syfe app after the Income+ portfolio is successfully funded. Select "Income+" on the app homepage, select your Income+ portfolio, scroll down to "Dividend option" to make the change.

Income+ Pure and Enhance:
For those who select monthly payout, the portfolios will accumulate the dividends from the constituent funds on a monthly basis and payout the proceeds to your bank account within the first 10 days of the following month.

Income+ Max:
For those who select monthly payout, the portfolios will accumulate the dividends from the constituent funds on a monthly basis and payout the proceeds to your bank account in the following month.

There is no lock-in period for any Syfe Income+ portfolios, and there is no subscription fee, redemption fee and switching fee. you can withdraw your funds at any time with no withdrawal fees charged.

Income+ portfolios are Hong Kong dollar (HKD) denominated. Syfe recommends clients to deposit and withdraw funds in HKD for Income+ portfolios to avoid any currency conversion fees.

Syfe does not charge any subscription or withdrawal fee. You can deposit or place a withdrawal request from any of your portfolios whenever you want.Income+ Pure and Enhance portfolios are denominated in Hong Kong Dollar (HKD) while Income+ Max is denominated in US Dollar (USD).Income+ Pure and Enhance portfolios are denominated in Hong Kong Dollar (HKD) while Income+ Max is denominated in US Dollar (USD). 

Clients can deposit and withdraw funds into Income+ in either HKD or USD, but note that if the deposit or withdrawal currency differs from the denominated currency, this will involve a currency conversion at prevailing market rates. Syfe clients enjoy preferential currency conversion spreads of around 0.10% – 0.13%, which is significantly lower than typical bank spreads (usually 0.30% – 0.50%).

Syfe does not charge any subscription or withdrawal fee. You can deposit or place a withdrawal request from your Income+ portfolio whenever you want.

Active management risk

Income+ Max uses actively managed ETFs. Investment outcomes depend on the managers’ decisions, which may at times be more or less aggressive than market conditions warrant. For example, changes in options-selling activity or portfolio positioning could positively or negatively affect returns and income distributions.

Monthly payout uncertainty

A significant portion of the portfolio’s income is generated through options strategies that tend to perform better in volatile markets. If market volatility declines sharply, the income generated may fall, which could result in lower monthly payouts.

Market risk

Income+ Max is structured as a diversified portfolio across equities, bonds and gold, which is intended to help moderate downside risk. However, broad economic, market or geopolitical events could still negatively impact all asset classes at the same time, leading to portfolio losses.

Interest rate risk

The fixed income portion of the portfolio is sensitive to interest rate movements. Rising interest rates generally reduce bond prices, which may negatively affect the value and returns of the bond ETFs.

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