Syfe REIT+ portfolio is not new, it was launched a few months back but what interests me this time round is that there is finally a 100% REITs (my favourite) portfolio. Syfe is collaborating with SGX to launch a portfolio that tracks the SGX’s iEdge S-REIT 20 Index.
I took a quick look and decided to give it a try. These are the reasons:
1. More Cost-Effective/Lower Fees
Similar to all the robo-advisors, Syfe charges a management fee based on the invested amount and it is very straightforward. 0.65% < $20k, 0.5% < $100k and a flat 0.4% > $100k. Let’s look at a REIT ETF which we used to own – Lion-Phillip S-REIT ETF.
It has a management fee of 0.5% not including the trustee fees as well as the commission (0.08%-0.28%) paid to the brokers when we buy and sell the ETF. In addition, one has to take into account the minimum commission (at