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Syfe Cash+ Q3 Performance Update
By Syfe  •  October 4, 2021
Syfe Cash+ delivered actual annualised returns of 1.63% as of 30 September 2021, performing better than its projected return of 1.5% per annum. As such, we are maintaining the projected returns of Syfe Cash+ at 1.5% p.a. for Q4 2021. Syfe Cash+ performance (as of 30 Sept 2021) Amongst its peers, Syfe Cash+ continues to be one of the highest yielding cash management offerings with an optimal mix of high quality bonds geared to maximize projected returns without taking excessive risks. Year-to-date (YTD) performance from 1 Jan 2021 to 30 September 2021 Syfe Cash+ generated annualised returns of 1.56% in Q3 2021. The good returns in July and August were driven mainly by the stabilised China Huarong situation and easing inflation concerns. In September, Syfe Cash+ delivered relatively lower monthly returns of 0.01% compared to July and August due to rising US Treasury yields on tapering concerns, which impacted the Short Duration Bond Fund in particular, and negative sentiment linked to China Evergrande....
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By Syfe
Syfe is a digital investment platform that is building the next generation of financial solutions for individuals across Asia ...
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