Markets began 2026 on an uneven but constructive note. January was marked by heightened geopolitical tensions and market volatility, but investor risk appetite ultimately strengthened. Global equities advanced around +3% for the month, supported by better-than-expected growth data and moderating inflation, while global bonds delivered marginal gains as worries about government debt weighed. Stronger activity data and lingering fiscal concerns weighed on government bonds, particularly in the US and Japan, where yields rose across the curve.
Income+ Performance
Income+ delivered another month of strong, consistent and stable gains. Income+ Enhance returned +1.95% thanks to its equities exposure, while Income+ Pure delivered +0.99% which has 100% fixed income allocation.
Global bond markets rallied in January 2026. 3 key factors driving the rally were –
1) Spread tightening, 2) income generation, and 3) hedging and diversification.
In a rate cut cycle like now, investor demand for viable income strategies continues to grow. Syfe Income+ remains a popular choice among those seeking steady monthly payouts, delivering a consistent 6 – 8.6% p.a. payout, with 100% achievement rate since inception. As yields on cash and short-term deposits keep declining, more investors are turning to Income+ as an alternative to traditional cash options while managing the risks, with the objective to maximise the yields.
Pure Individual Fund Performance
Enhance Individual Fund Performance
Outperforming Benchmark
Source: Syfe. Product issuers. Returns are as of 31 Jan 2026 in the denominated currencies. Subject to rounding. Each portfolio may vary due to different times of deposits, withdrawals & weighting.
Looking Ahead
Uncertainty is a constant in investing, but so is opportunity. Here’s what our investment team is focused on:
- Positive for income generation and diversification with bonds offering compelling yields in a volatile environment.
- Total returns in 2026 will be dominated by income over price appreciation.
- Staying invested is key. Time in the market rather than timing the market.
Big news! We just launched a brand new portfolio Income+ Max in February 2026, a balanced portfolio designed for maximum income with growth potential with target monthly payout up to 10% p.a.! Find out more about Income+ Max here or in the Syfe mobile app now! If you have any questions or need assistance, please feel free to reach out to our Customer Service team via email or WhatsApp.
Please note that past performance is not indicative of future results. Investments are subject to market risks, including the potential loss of principal. 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. Some of the fund(s) mentioned above have not been authorised by the Securities and Futures Commission (“SFC”) in Hong Kong. Please seek professional advice from an independent financial consultant where necessary. 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.
