income+
Consistent, diversified income for capital preservation or appreciation.
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POWERED BY
Gain access to diversified, best-in-class active funds in one portfolio.
Receive dividends monthly at 4.0-6.0% p.a., paid directly to your bank account.
Unlock up to 60% savings on fund level fees as a retail investor.
Portfolios at a glance
Purpose-built solutions for all your income needs.
Preservation of capital and the generation of regular income slightly above inflation or short-term money market rates.
Preservation of capital and the generation of regular income slightly above inflation or short-term money market rates.
preservation
Monthly payout ranges are computed based on the weighted average of the annualised historical distribution amount or dividend/distribution yield of the constituent funds from the latest three months. The upper and lower bounds of the range are rounded up to the higher 0.5% and down to the lower 0.5% respectively. The dividend amount or dividend yield of the constituent funds is not guaranteed. Past distributions are not necessarily indicative of future trends, which may be lower. A positive monthly payout or distribution yield does not imply a positive return
LEARN MORE
Monthly payout ranges are computed based on the weighted average of the annualised historical distribution amount or dividend/distribution yield of the constituent funds from the latest three months. The upper and lower bounds of the range are rounded up to the higher 0.5% and down to the lower 0.5% respectively. The dividend amount or dividend yield of the constituent funds is not guaranteed. Past distributions are not necessarily indicative of future trends, which may be lower. A positive monthly payout or distribution yield does not imply a positive return
LEARN MORE
Estimated Yield to Maturity (YTM) of a bond is the total return that an investor stands to receive if all scheduled payments are made on time and the bond is held until maturity. Estimated YTM of the portfolio is the weighted average of the YTM of the bonds held in the constituent funds in the portfolio. Estimated YTM is reported gross of fees, the deduction of which will reduce the yield. It does not represent the portfolio's return. For instruments such as SSBs, T-Bills and FDs, the yields are fixed at the onset and represent the total return if held to maturity.
LEARN MORE
Estimated Yield to Maturity (YTM) of a bond is the total return that an investor stands to receive if all scheduled payments are made on time and the bond is held until maturity. Estimated YTM of the portfolio is the weighted average of the YTM of the bonds held in the constituent funds in the portfolio. Estimated YTM is reported gross of fees, the deduction of which will reduce the yield. It does not represent the portfolio's return. For instruments such as SSBs, T-Bills and FDs, the yields are fixed at the onset and represent the total return if held to maturity.
LEARN MORE
Investments that typically aim to provide a balance of income and capital appreciation.
Investments that typically aim to provide a balance of income and capital appreciation.
appreciation
Monthly payout ranges are computed based on the weighted average of the annualised historical distribution amount or dividend/distribution yield of the constituent funds from the latest three months. The upper and lower bounds of the range are rounded up to the higher 0.5% and down to the lower 0.5% respectively. The dividend amount or dividend yield of the constituent funds is not guaranteed. Past distributions are not necessarily indicative of future trends, which may be lower. A positive monthly payout or distribution yield does not imply a positive return
LEARN MORE
Monthly payout ranges are computed based on the weighted average of the annualised historical distribution amount or dividend/distribution yield of the constituent funds from the latest three months. The upper and lower bounds of the range are rounded up to the higher 0.5% and down to the lower 0.5% respectively. The dividend amount or dividend yield of the constituent funds is not guaranteed. Past distributions are not necessarily indicative of future trends, which may be lower. A positive monthly payout or distribution yield does not imply a positive return
LEARN MORE
Estimated Yield to Maturity (YTM) of a bond is the total return that an investor stands to receive if all scheduled payments are made on time and the bond is held until maturity. Estimated YTM of the portfolio is the weighted average of the YTM of the bonds held in the constituent funds in the portfolio. Estimated YTM is reported gross of fees, the deduction of which will reduce the yield. It does not represent the portfolio's return. For instruments such as SSBs, T-Bills and FDs, the yields are fixed at the onset and represent the total return if held to maturity.
LEARN MORE
Estimated Yield to Maturity (YTM) of a bond is the total return that an investor stands to receive if all scheduled payments are made on time and the bond is held until maturity. Estimated YTM of the portfolio is the weighted average of the YTM of the bonds held in the constituent funds in the portfolio. Estimated YTM is reported gross of fees, the deduction of which will reduce the yield. It does not represent the portfolio's return. For instruments such as SSBs, T-Bills and FDs, the yields are fixed at the onset and represent the total return if held to maturity.
LEARN MORE
Composition
Designed for diversified income with PIMCO's
best-in-class active funds.
monthly payout
Monthly payout ranges are computed based on the weighted average of the annualised historical distribution amount or dividend/distribution yield of the constituent funds from the latest three months. The upper and lower bounds of the range are rounded up to the higher 0.5% and down to the lower 0.5% respectively. The dividend amount or dividend yield of the constituent funds is not guaranteed. Past distributions are not necessarily indicative of future trends, which may be lower. A positive monthly payout or distribution yield does not imply a positive return
LEARN MORE
Monthly payout ranges are computed based on the weighted average of the annualised historical distribution amount or dividend/distribution yield of the constituent funds from the latest three months. The upper and lower bounds of the range are rounded up to the higher 0.5% and down to the lower 0.5% respectively. The dividend amount or dividend yield of the constituent funds is not guaranteed. Past distributions are not necessarily indicative of future trends, which may be lower. A positive monthly payout or distribution yield does not imply a positive return
LEARN MORE
4.0-4.5
yield to maturity
Estimated Yield to Maturity (YTM) of a bond is the total return that an investor stands to receive if all scheduled payments are made on time and the bond is held until maturity. Estimated YTM of the portfolio is the weighted average of the YTM of the bonds held in the constituent funds in the portfolio. Estimated YTM is reported gross of fees, the deduction of which will reduce the yield. It does not represent the portfolio's return. For instruments such as SSBs, T-Bills and FDs, the yields are fixed at the onset and represent the total return if held to maturity.
LEARN MORE
Estimated Yield to Maturity (YTM) of a bond is the total return that an investor stands to receive if all scheduled payments are made on time and the bond is held until maturity. Estimated YTM of the portfolio is the weighted average of the YTM of the bonds held in the constituent funds in the portfolio. Estimated YTM is reported gross of fees, the deduction of which will reduce the yield. It does not represent the portfolio's return. For instruments such as SSBs, T-Bills and FDs, the yields are fixed at the onset and represent the total return if held to maturity.
LEARN MORE
6.7
TOP 5 sectors
US GOVT RELATED
100%
SECURITISED
100%
INVESTMENT-GRADE
100%
NON-usd developed
100%
emerging markets
100%
Last update: 31 May 2023 14:30 SGT
monthly payout
Monthly payout ranges are computed based on the weighted average of the annualised historical distribution amount or dividend/distribution yield of the constituent funds from the latest three months. The upper and lower bounds of the range are rounded up to the higher 0.5% and down to the lower 0.5% respectively. The dividend amount or dividend yield of the constituent funds is not guaranteed. Past distributions are not necessarily indicative of future trends, which may be lower. A positive monthly payout or distribution yield does not imply a positive return
LEARN MORE
Monthly payout ranges are computed based on the weighted average of the annualised historical distribution amount or dividend/distribution yield of the constituent funds from the latest three months. The upper and lower bounds of the range are rounded up to the higher 0.5% and down to the lower 0.5% respectively. The dividend amount or dividend yield of the constituent funds is not guaranteed. Past distributions are not necessarily indicative of future trends, which may be lower. A positive monthly payout or distribution yield does not imply a positive return
LEARN MORE
5.5-6.0
yield to maturity
Estimated Yield to Maturity (YTM) of a bond is the total return that an investor stands to receive if all scheduled payments are made on time and the bond is held until maturity. Estimated YTM of the portfolio is the weighted average of the YTM of the bonds held in the constituent funds in the portfolio. Estimated YTM is reported gross of fees, the deduction of which will reduce the yield. It does not represent the portfolio's return. For instruments such as SSBs, T-Bills and FDs, the yields are fixed at the onset and represent the total return if held to maturity.
LEARN MORE
Estimated Yield to Maturity (YTM) of a bond is the total return that an investor stands to receive if all scheduled payments are made on time and the bond is held until maturity. Estimated YTM of the portfolio is the weighted average of the YTM of the bonds held in the constituent funds in the portfolio. Estimated YTM is reported gross of fees, the deduction of which will reduce the yield. It does not represent the portfolio's return. For instruments such as SSBs, T-Bills and FDs, the yields are fixed at the onset and represent the total return if held to maturity.
LEARN MORE
7.2
TOP 5 sectors
US GOVT RELATED
100%
SECURITISED
100%
INVESTMENT-GRADE
100%
NON-usd developed
100%
emerging markets
100%
Last update: 31 May 2023 14:30 SGT
Stocks in US-listed technology companies such as Microsoft, Apple, Visa, Cisco, Intel etc
Stocks in US-listed technology companies such as Microsoft, Apple, Visa, Cisco, Intel etc
Stocks in US-listed technology companies such as Microsoft, Apple, Visa, Cisco, Intel etc
Stocks in US-listed technology companies such as Microsoft, Apple, Visa, Cisco, Intel etc
Stocks in US-listed technology companies such as Microsoft, Apple, Visa, Cisco, Intel etc
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Bringing you PIMCO's
best-in-class fixed
income strategies
The Income+ portfolio construction process includes PIMCO's forward-looking views and time-tested investment approach.
We take care of all your servicing and advisory needs while PIMCO provides insights and asset allocation guidance to Syfe.
Comparing portfolios
Get started with a portfolio that best suits your income needs.
INCOME+
preserve
INCOME+
enhance
objective
Investors should consider the investment objectives, risks, charges and expenses of the constituent funds carefully before investing. This and other information is contained in the constituent funds’ prospectus. Please read the constituent funds’ prospectus carefully before you invest or send money. Past performance is not a guarantee or a reliable indicator of future results and no guarantee is being made that similar returns will be achieved in the future.
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Investors should consider the investment objectives, risks, charges and expenses of the constituent funds carefully before investing. This and other information is contained in the constituent funds’ prospectus. Please read the constituent funds’ prospectus carefully before you invest or send money. Past performance is not a guarantee or a reliable indicator of future results and no guarantee is being made that similar returns will be achieved in the future.
LEARN MORE
Steady income with capital preservation
Higher income with capital appreciation
COMPOSITION
Focus on investment grade quality bonds
Focus on higher yielding fixed income asset classes
yield to maturity
Estimated Yield to Maturity (YTM) of a bond is the total return that an investor stands to receive if all scheduled payments are made on time and the bond is held until maturity. Estimated YTM of the portfolio is the weighted average of the YTM of the bonds held in the constituent funds in the portfolio. Estimated YTM is reported gross of fees, the deduction of which will reduce the yield. It does not represent the portfolio's return. For instruments such as SSBs, T-Bills and FDs, the yields are fixed at the onset and represent the total return if held to maturity.
LEARN MORE
Estimated Yield to Maturity (YTM) of a bond is the total return that an investor stands to receive if all scheduled payments are made on time and the bond is held until maturity. Estimated YTM of the portfolio is the weighted average of the YTM of the bonds held in the constituent funds in the portfolio. Estimated YTM is reported gross of fees, the deduction of which will reduce the yield. It does not represent the portfolio's return. For instruments such as SSBs, T-Bills and FDs, the yields are fixed at the onset and represent the total return if held to maturity.
LEARN MORE
monthly payout
Monthly payout ranges are computed based on the weighted average of the annualised historical distribution amount or dividend/distribution yield of the constituent funds from the latest three months. The upper and lower bounds of the range are rounded up to the higher 0.5% and down to the lower 0.5% respectively. The dividend amount or dividend yield of the constituent funds is not guaranteed. Past distributions are not necessarily indicative of future trends, which may be lower. A positive monthly payout or distribution yield does not imply a positive return
LEARN MORE
Monthly payout ranges are computed based on the weighted average of the annualised historical distribution amount or dividend/distribution yield of the constituent funds from the latest three months. The upper and lower bounds of the range are rounded up to the higher 0.5% and down to the lower 0.5% respectively. The dividend amount or dividend yield of the constituent funds is not guaranteed. Past distributions are not necessarily indicative of future trends, which may be lower. A positive monthly payout or distribution yield does not imply a positive return
LEARN MORE
duration
Duration is a measure of the sensitivity of the price of a bond to a change in interest rates. Generally, the higher a bond’s duration, the more its value will fall as interest rates rise, because when rates go up, bond values fall and vice versa. Duration of the portfolio is the weighted average of the duration of the individual bonds held in the constituent funds of the portfolio.
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Duration is a measure of the sensitivity of the price of a bond to a change in interest rates. Generally, the higher a bond’s duration, the more its value will fall as interest rates rise, because when rates go up, bond values fall and vice versa. Duration of the portfolio is the weighted average of the duration of the individual bonds held in the constituent funds of the portfolio.
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4.4 yrs
4.2 yrs
credit quality
Credit quality gives a snapshot of the portfolio's overall credit quality. It is an average of each bond's credit rating held in the constituent funds, adjusted for its relative weighting in the portfolio.
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Credit quality gives a snapshot of the portfolio's overall credit quality. It is an average of each bond's credit rating held in the constituent funds, adjusted for its relative weighting in the portfolio.
LEARN MORE
A+
A
BETA
Beta vs S&P 500 measures the volatility of the returns of the portfolio against the broader market (S&P 500). It is a measure of risk and allows investors to gauge how sensitive the portfolio might be to macro market risks. For positive equity beta below 1, a lower equity beta value implies lesser risk as it denotes lesser positive correlation to the broader market while a higher value implies greater risk
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Source: Syfe, Bloomberg, PIMCO, fund factsheets. As of 30th Sep 2023 14:30 SGT. Statistics are based on the weighted fund allocation within each model portfolio.
Beta vs S&P 500 measures the volatility of the returns of the portfolio against the broader market (S&P 500). It is a measure of risk and allows investors to gauge how sensitive the portfolio might be to macro market risks. For positive equity beta below 1, a lower equity beta value implies lesser risk as it denotes lesser positive correlation to the broader market while a higher value implies greater risk
LEARN MORE
Source: Syfe, Bloomberg, PIMCO, fund factsheets. As of 30th Sep 2023 14:30 SGT. Statistics are based on the weighted fund allocation within each model portfolio.
0.13
0.20
risk rating
Moderately low risk
Investments that typically aim to provide a balance of income and capital appreciation.
Low risk
Preservation of capital and the generation of regular income slightly above inflation or short-term money market rates.
Moderately low risk
Investments that typically aim to provide a balance of income and capital appreciation.
Low risk
Preservation of capital and the generation of regular income slightly above inflation or short-term money market rates.
Low
Moderately low
Why invest with Syfe?
Save as much as 60% on fees and taxes compared to traditional investing.
Income+ preserve
Income+ Enhance
DIY
Fund Level Fee*
0.68%
Institutional
0.65%
Institutional
1.53%
Individual Investor
Trailer Fee Rebate
Trailer Fee Rebate is a fee that a fund manager pays intermediaries. The rebate is usually applicable when the fund’s share class is retail. Currently, Syfe passes on to clients any trailer fee rebates it receives for any of the constituent funds of Income+ portfolios. Please refer to our Investment Strategy to see which funds are rebated.
Trailer Fee Rebate is a fee that a fund manager pays intermediaries. The rebate is usually applicable when the fund’s share class is retail. Currently, Syfe passes on to clients any trailer fee rebates it receives for any of the constituent funds of Income+ portfolios. Please refer to our Investment Strategy to see which funds are rebated.
100%
100%
0%
Sales Charges
0
0
Subject to broker
How does Income+ compare with other fixed income solutions?
Enjoy higher yields and more regular payouts with no lock-in or penalties.
Income+
monthly payout
4.0–6.0% p.a.
payout frequency
Monthly
tenor
Flexible
withdrawal time
4-5 business days
withdrawal penalty
None
fixed deposit
singapore savings bonds
t-bill
NA
NA
NA
Varied by terms
Every 6 months
At maturity
3 - 36 months
Up to 10 years
6 months to 1 year
2-3 business days
Up to 1 month
2-3 working days
Fees & loss of accrued interest
(for premature withdrawals)
None
Can be sold
(full amount invested not guaranteed)
Payout
calculator
Receive monthly payouts directly to your bank account or reinvest into the portfolio.
income+ PRESERVE
Composition
funds
%
PIMCO GIS Income Fund
IE00BSTL7535
Global multi-sector strategy with an objective of generating high current income and long-term capital appreciation
30%
global
high yield
yield to
maturity
6.87%
6.87%
duration
(YEARS)
AVG. CREDIT
QUALITY
6.87%
PIMCO GIS Income Fund
IE00BSTL7535
Global multi-sector strategy with an objective of generating high current income and long-term capital appreciation
30%
global
high yield
yield to
maturity
6.87%
duration
(YEARS)
6.87%
AVG. CREDIT
QUALITY
6.87%
Factsheet
Prospectus
Annual report
PHS
PIMCO GIS Income Fund
IE00BSTL7535
Global multi-sector strategy with an objective of generating high current income and long-term capital appreciation
30%
global
high yield
yield to
maturity
6.87%
duration
(YEARS)
6.87%
AVG. CREDIT
QUALITY
6.87%
Factsheet
Prospectus
Annual report
PHS
PIMCO GIS Income Fund
IE00BSTL7535
Global multi-sector strategy with an objective of generating high current income and long-term capital appreciation
30%
global
high yield
yield to
maturity
6.87%
duration
(YEARS)
6.87%
AVG. CREDIT
QUALITY
6.87%
Factsheet
Prospectus
Annual report
PHS
country
%
Country 1
4.25%
Country 1
4.25%
Country 1
4.25%
Country 1
4.25%
Country 1
4.25%
Country 1
4.25%
Country 1
4.25%
Country 1
4.25%
Country 1
4.25%
sector
%
Information Technology
21.96%
Information Technology
21.96%
Information Technology
21.96%
Information Technology
21.96%
Information Technology
21.96%
Information Technology
21.96%
Information Technology
21.96%
Information Technology
21.96%
Information Technology
21.96%
income+ ENHANCE
Composition
funds
%
PIMCO GIS Income Fund
IE00BSTL7535
Global multi-sector strategy with an objective of generating high current income and long-term capital appreciation
30%
global
high yield
yield to
maturity
6.87%
duration
(YEARS)
6.87%
AVG. CREDIT
QUALITY
6.87%
PIMCO GIS Income Fund
IE00BSTL7535
Global multi-sector strategy with an objective of generating high current income and long-term capital appreciation
30%
global
high yield
yield to
maturity
6.87%
duration
(YEARS)
6.87%
AVG. CREDIT
QUALITY
6.87%
Factsheet
Prospectus
Annual report
PHS
PIMCO GIS Income Fund
IE00BSTL7535
Global multi-sector strategy with an objective of generating high current income and long-term capital appreciation
30%
global
high yield
yield to
maturity
6.87%
duration
(YEARS)
6.87%
AVG. CREDIT
QUALITY
6.87%
Factsheet
Prospectus
Annual report
PHS
PIMCO GIS Income Fund
IE00BSTL7535
Global multi-sector strategy with an objective of generating high current income and long-term capital appreciation
30%
global
high yield
yield to
maturity
6.87%
duration
(YEARS)
6.87%
AVG. CREDIT
QUALITY
6.87%
Factsheet
Prospectus
Annual report
PHS
country
%
Country 1
4.25%
Country 1
4.25%
Country 1
4.25%
Country 1
4.25%
Country 1
4.25%
Country 1
4.25%
Country 1
4.25%
Country 1
4.25%
Country 1
4.25%
sector
%
Information Technology
21.96%
Information Technology
21.96%
Information Technology
21.96%
Information Technology
21.96%
Information Technology
21.96%
Information Technology
21.96%
Information Technology
21.96%
Information Technology
21.96%
Information Technology
21.96%
Login or create account
Create or login to your Syfe account to view the full list of constituent funds.
Sectors
US Gov. Related
May include nominal and inflation-protected Treasuries, Treasury futures and options, agencies, FDIC-guaranteed and government-guaranteed corporate securities, and interest rate swaps.
Securitised
The Securitised bucket will include Agency MBS, non-Agency MBS, CMBS, ABS, CDO, CLO, and Pooled Funds.
Investment Grade
Consists primarily of creditworthy corporate issuers having a debt rating of BBB-or greater by at least one of the recognised credit rating agencies or, if unrated, determined by PIMCO to be of comparable quality.
High Yield
Are bonds with a credit rating below investment-grade -typically "BB" or lower as rated by S&P or "Ba" or lower by Moody's. They typically offer a higher yield than investment-grade bonds but have higher risk.
Non-USD Developed
Includes developed market securities denominated in a currency other than the US Dollar.
Emerging Markets
Includes an emerging market security or other instrument economically tied to an emerging market country by country of risk. Short duration emerging markets instruments are emerging markets instruments with an effective duration less than one year and rated investment grade or higher or if unrated, determined to be similar quality by PIMCO. Emerging Markets includes the value of short duration emerging markets instruments.
Learn more
Source: Syfe, Bloomberg, fund factsheets. As of 30 June 2023. Statistics are based on the weighted fund allocation within each model portfolio.
FAQs
Who is Syfe?
Syfe is a digital wealth manager licensed by the Monetary Authority of Singapore under a Capital Markets Services License (License No: CMS100837) for conducting retail fund management activities. We offer fully-managed investment portfolios for everyone, making it easier for all to reach their financial goals.
How does Syfe Income+ work?
Syfe Income+ portfolios are non-discretionary in nature and we have built them in partnership with PIMCO, whose role is to provide insights and non-binding asset allocation guidance to Syfe in the portfolio construction process. Syfe manages and provides these portfolios to you and we take care of all your servicing and advisory needs.
Informed by PIMCO's model portfolio investment approach, Syfe has constructed the Income+ portfolios based on a multi-step process, which includes defining the investment opportunity set and model guardrails and optimising allocations based on key macro themes, opportunities and risks.
Is there a minimum investment amount to get started?
There is a minimum amount of S$5,000 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 a min invested amount or current portfolio value of at least S$5,000.
How is monthly payout handled?
There is a minimum funding threshold of S$5,000 for clients to start investing and also enable payouts for their Income+ portfolios. This is to ensure that the monthly dividend amounts are not too small for us to process. For fundings below S$5,000, the portfolios will default to automatic dividend reinvestments.
Clients will also have an option to switch between monthly payout and auto dividend reinvestments depending on their immediate income needs. For those on 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.
Is there any lock-in period for my investments?
There is no lock-in period for any Syfe Wealth portfolios, you can withdraw your funds at any time with no withdrawal fees charged.
How does Syfe Income+ compare with Singapore Savings Bonds or Fixed Deposit?
Income+ invests in a diversified portfolio of fixed income bonds spread across different maturities and credit sectors. While Income+ is not capital guaranteed, the two portfolio options of Preserve and Enhance are classified as low and moderately low risk respectively.
While Fixed Deposits (FDs) are SDIC-insured up to S$75k and Singapore Savings Bonds (SSBs) are fully backed by the Singapore Government, they usually offer lower yields. In comparison, Income+ offers much higher yields than traditional fixed income products and is also much more flexible with no lock-in terms and withdrawal penalties.
