Digital wealth manager, Syfe, launched the REIT+ portfolio, a first-of-its-kind initiative that allows anyone in Singapore to start risk-managed investing in Singapore real estate with no minimum investment.
Low Cost Access to the REIT Market
Unlike buying a property or REITs as a private investor, Syfe’s REIT+ product offers an easy, risk-managed and low-cost way for investors to access Singapore’s thriving REIT market with a fee as low as 0.4% per annum of your invested capital.
REIT+ consists of 15 high-quality SGX-listed REITs (S-REITs) that span retail, industrial, office, and hospitality amongst other sectors. To protect REIT+ portfolios, Syfe’s Automated Risk-Managed Investing (ARI) will manage risk by balancing portfolios of S-REITs with Singapore government bonds.
Through backtesting, a process that tests algorithms by running them through historical data, the REIT+ portfolio on average has yielded a return of 9.0% over the last five years. The portfolio also pays a dividend, which in 2019, was 4.6%, and can be automatically reinvested or paid-out at regular intervals offering investors a great source of passive income.
In recent years, REITs have proven to be a great investment option because it allows Singaporeans an easy way to become real estate owners, without dealing with the day-to-day worries of being a landlord. By investing in a REIT, you’re investing in properties managed by that REIT and you’re eligible to earn dividends on the rental income earned by those properties.
REIT+ is Syfe’s latest addition to the platform, following the launch of a Financial Advisor team, which allows customers to secure consultation sessions with wealth management specialists, providing high quality financial advice.