We are excited to share with you that your Cash+ Flexi (USD) portfolio will be upgraded next week starting on around 09-September. As part of the enhancement, we have partnered with renowned and two of the largest and award winning money market managers, Taikang and GaoTeng, to provide you access to their institutional-grade money market funds. This enables us to maximise return, while keeping the risk very low and liquidity high with no lock up for your USD cash. After the upgrade, the gross yield of the portfolio would rise to 4.44% p.a., making it one of the highest in the market as of the end of August 2025.
Key Benefits of the Portfolio Upgrade
These enhancements provide meaningful improvements to your cash management experience:
- Maximise return
We will reconstitute the portfolio to hunt for higher yields and lower the costs by accessing institutional-grade share class.
- Very low risk
These funds concentrate on highly liquid and secure assets, such as short-term time deposits and high-quality money market instruments.
- High liquidity
Taikang and Gaoteng are two of the largest money market fund managers in Hong Kong, with the USD funds together exceeding US$10billion in Assets under Management (as of July 2025). This helps funds to provide superior liquidity and enable quick and flexible access to your funds without lock up. This is ideal for meeting dynamic cash flow needs with ease.
There is no action required from your side, as well as there is no switch cost. Though, please note during the rebalance, which is expected to take 2-3 trading days, new withdrawals submitted during the period may be delayed. You will be able to see the updated portfolio holdings in your Syfe app after the rebalance is completed.
New Allocation
Flexi USD Performance Review
Cash+ Flexi USD portfolio have continued to deliver strong performance over and above USD money market rates. Since its inception in October 2022, the portfolio has never had a single negative return day. In addition, the portfolio delivered about 5.5% p.a. in each of 2023 and 2024.
If you have any questions, please reach out to us at [email protected] or via WhatsApp at +852 5716 2889.
