Income+ and Cash+ are both portfolios from Syfe designed to meet different investment goals.
- Purpose:
- Income+ is tailored for investors seeking consistent income with a potential for capital appreciation. Income+ portfolios are constructed with actively managed funds. We have diversified the Income+ portfolios by selecting funds which have exposure to different fixed income assets, such as government bonds, corporate bonds, convertible bonds, etc.
- Cash+ is designed as a liquid alternative to petty cash. Cash+ is currently composed of US Dollar money market funds. The objective of Cash+ is to achieve a return in US Dollars in line with or above the prevailing money market rates, with primary considerations of maintaining low risk and high liquidity.
- Risk & Return:
- Income+ might carry higher risks compared to Cash+ because it can invest in a broader range of fixed-income instruments.
- Cash+ is more conservative, focusing on capital preservation while offering competitive yields.
- Investment Horizon:
- Income+ is suitable for those with a medium to long-term investment horizon who also wish to receive periodic income.
- Cash+ is ideal for those looking for a short-term solution to park their funds with better returns than petty cash or cash sitting in the bank.
- Underlying Investments:
- Income+ invest primarily invests in authorized fixed income funds and multi asset funds.
- Cash+ invest primarily invests authorized money market funds and other cash equivalents.
Remember, the choice between Income+ and Cash+ should be based on your individual financial goals, risk tolerance, and investment horizon. Always consider seeking advice from a financial advisor to make an informed decision.
