Syfe Cash+ delivered actual annualised returns of 1.33% as of 31 December 2021, demonstrating resilience despite the continued volatility in the bond market.
With higher projected returns than bank deposits, no lock-in, zero fees, and quick, free withdrawals, Cash+ has served clients as an attractive alternative to most traditional bank savings accounts.
Why we are re-optimising Syfe Cash+
Cash+ was designed as a way for people to get more out of their cash savings. That remains our goal as we continuously work to improve and optimise our cash solutions.
In our conversations with clients, one feedback we often hear is that many people have short-term cash management needs (1-3 months). For clients with longer-term cash managements, although they may prefer higher yields, a solution which has minimal volatility still takes precedence. Consequently, a majority of clients prefer stable returns with almost no volatility for their cash savings.
At Syfe, we take client feedback seriously....