Syfe Cash+ 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 short-term deposits, high-quality money market instruments, and debt securities. However, investment involves risks. You may refer to the offering documents of the constituent funds on their respective websites for further details including their risk factors.
Cash+ is not a savings account or deposit and is not insured by the Deposit Protection Scheme
All client funds in Syfe Cash+ are held at CCB (Asia) Trustee and HSBC Trustee (Hong Kong) Limited 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 your funds are held separately from Syfe’s own assets. Additionally, there is no lock-up, so you can choose to withdraw your money at any time with no exit penalties.