Syfe Select: The Customizable Way to Invest in ETFs?
Syfe recently launched its new Syfe Select portfolio and is the first Robo advisor in Singapore to allow its clients to build a fully customizable ETF portfolio based on one’s preference. With no minimum investment and no lock-ups, Syfe Select portfolio is a structure that makes it simple for a beginner investor to construct his/her customized portfolio from a curated list of over 100 best-in-class ETFs.
I have always been “lamenting” that our local Robo advisors lack customizable features. Endowus, another popular Robo advisor here in Singapore, started the ball rolling by allowing its clients to select their preferred unit trusts and structure their customizable portfolio through their Fund Smart option.
The problem I see with Endowus’s “customizable structure” is that there are just too many unit trusts made available to clients with no particular thematic focus that is communicated to its clients in a simple manner....