HONG KONG SAR – Media OutReach – August 9, 2023 – Singapore-headquartered Syfe, one of Asia-Pacific’s fastest growing digital investment platforms, today announces the launch of Syfe Income+ in Hong Kong, a discretionary managed portfolio service that aims to provide investors with access to passive income opportunities, with target monthly payouts* ranging from 6.0% to 8.6%1 Pennsylvania
Syfe hosted a seminar on August 8 to officially launch Syfe Income+ in Hong Kong, discussing the outlook for fixed income investment opportunities and how Syfe Income+ can help investors grow their passive income in a context of continued uncertainty in the market. The Syfe team was joined by elite industry speakers, including Neil Tan, Chairman of the FinTech Association of Hong Kong; Wilson Au, Head of Market Strategies, Wholesale, HSBC Asset Management; Simon Wong, Hong Kong Co-Head and Head of Retail Sales, Greater China, Franklin Templeton Investments (Asia) Limited, Hong Kong; and Oscar Choi, Founder and CIO, OP Capital.
Syfe Income+ portfolios are designed and managed using best-in-class active funds managed by leading asset managers such as HSBC, Franklin Templeton and AllianceBernstein. Benefiting from the market insights of these asset managers and a proven investment approach based on decades of experience, this solution offers institutional-grade fixed income strategies to help investors weather the unforeseen market conditions and rising interest rates with ease and flexibility, allowing them to optimize their income. cheaper.
The goal of Income+ closely matches the needs of local investors according to a recent survey conducted by Syfe. Based on a survey and in-depth follow-up interviews, the results revealed that financial freedom is a top priority for Hong Kong investors, with a third of respondents citing it as their overall financial goal. In terms of investment objectives, the majority continue to seek opportunities to earn interest income (64%), while 45% aim to preserve capital or fight inflation. Results like these underscore the need for high-quality investment portfolios that help investors earn passive income while building their long-term wealth.
“In a market environment characterized by continuing uncertainties, persistent inflation and high interest rates, a diversified investment portfolio that meets the diverse but specific needs of investors is of utmost importance. Our ultimate goal is to “offering investors a steady stream of passive income by optimizing asset allocations and maximizing potential wealth, while effectively managing risk. Syfe is here to do just that – and do it well, with versatility and affordability. of our holistic financial solutions,” said
Kevin Li, Managing Director and Head of Hong Kong, Syfe.
Tailor-made fixed income portfolios for different risk appetites
To better match investors’ individual risk appetite and achieve their financial goals, Syfe Income+ consists of two tailored fixed income portfolios, namely Income+ Pure and Income+ Enhance.
Income+ Pure employs a strategy that focuses primarily on globally diversified, high-quality bonds such as US Treasuries and investment-grade corporate bonds, aimed at those seeking regular monthly income with a low appetite for the risk. It offers target monthly payments of 6.0% to 7.0%1 Pennsylvania
Income + Upgrade employs a strategy that emphasizes credit to generate higher returns, which involves investing in high-yielding, low-rated bonds, such as high-yield corporate bonds, in addition to stocks global and other fixed income assets. With a monthly payment target of 7.6% to 8.6%1 pa, it is designed for those seeking higher monthly income and the potential for long-term capital appreciation.
Income+ portfolios have a minimum funding requirement of HK$10,000, and customers have the flexibility to switch between receiving monthly installments directly into their bank accounts or reinvesting installments, depending on their immediate financial needs.
The best institutional strategies at a fraction of the cost
Syfe’s mission to deliver the best institutional strategies at a fraction of the cost is evident in its Income+ portfolios, which primarily use institutional equity class funds or pass on 100% trailing fee rebate to dramatically reduce fees that investors typically pay. access these strategies. With all-inclusive flat fees as low as 0.35% per annum, investors benefit from maximum flexibility and peace of mind, with no lock-up periods, subscription fees or withdrawal penalties.
Additionally, built with actively managed funds domiciled in Hong Kong and Luxembourg, Income+ portfolios help reduce the impact of the performance of a single bond or asset class across portfolios through exposure to a diversified basket of fixed income assets, while offering greater tax efficiency that could potentially save Hong Kong-based investors up to 30% in dividend withholding taxes.
“Our suite of Income+ solutions is the culmination of our proven expertise and our sustained commitment to democratizing access to investment services at the institutional level. Our carefully selected portfolios prioritize flexibility and diversification, two essential elements to meet the clients’ financial needs and complement wealth strategies over both long and short periods. We will continue to evolve and innovate to lead the charge of next-generation financial solutions,” commented
Archit Parakh, Group Head of Risk and Head of Investments for Hong Kong, Syfe.
Notes to editors:
1. As of June 30, 2023. Statistics are based on the weighted allocation of funds within each portfolio. For more information, please visit
https://www.syfe.com/hk/magazine/income-plus-investment-strategy-learn-more/.
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