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Syfe collaborates with SGX on S-Reit investment portfolio

Source: Syfe

Syfe, a digital wealth management company licensed by the Monetary Authority of Singapore, in collaboration with Singapore Exchange (SGX), today launched a first-of-its-kind portfolio that allows everyone to easily invest in and track the SGX’s iEdge S-REIT 20 Index, one of the most popular indices of the Singapore stock market.

Consisting the largest and most tradeable Singapore REITs, the S-REIT 20 spans sectors including retail, industrial, office and logistics.

Effective immediately, new and existing clients of Syfe REIT+ can choose either a pure REIT portfolio for maximum real estate exposure or a risk-managed portfolio that balances REITs with government bonds to defend against rising volatility. The REIT allocation for both portfolios will replicate the iEdge S-REIT 20 Index. Portfolio adjustments can be made using the Syfe mobile application on the iOS and Android platforms.

“Since we launched Syfe REIT+ in February this year, thousands of new clients have signed up for this unique offering. One common feedback we have received from our investors is that they want to have freedom of choice between a risk-managed approach and a pure equities portfolio. We’ve listened to this feedback and are excited to offer our investors a 100 percent REIT portfolio based on the iEdge S-REIT 20 Index,” says Dhruv Arora, Founder and CEO of Syfe.

"The iEdge thematic indices represent key segments of Singapore's securities market and the iEdge S-REIT 20 Index is one of the most widely referenced in our suite of indices. We are delighted that retail investors in Singapore now have the opportunity to gain greater exposure to the REIT offering in Singapore via Syfe's platform," says Simon Karaban, Head of Index Services at SGX.”

“For investors who want to take advantage of the recent dip in the REIT market and share our belief that real estate should be part of anyone’s portfolio, Syfe offers an easy-to-use platform to start investing in REITs at a low-cost and start earning dividend income,” Arora adds.

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