Cash+ Flexi is a portfolio in our discretionary portfolio management service that is composed of money market funds that are generally considered very low risk. The constituent funds invest in low risk rated assets, such as USD/HKD short-term deposits, high-quality money market instruments, and debt securities.
Cash+ Flexi is not a savings account or deposit and is not insured by the Deposit Protection Scheme Furthermore, All client funds in Syfe Cash+ are held at respective money market fund custodians and any uninvested cash is held in Syfe HK’s Client Account with HSBC Hong Kong, which is regulated by the Hong Kong Money Authority. This means that Syfe will never be able to use your funds for any reason, and that your funds remain safe even if Syfe stops operating because they are held separately from Syfe assets |