Syfe has announced the launch of the Downside Protected S&P 500 portfolio, which is reportedly the first of its kind in Singapore. This comes at a time when markets are volatile and close to all-time highs.
The Downside Protected S&P 500 portfolio utilises exchange-traded funds (ETFs) that have option strategies to curb potential losses while still allowing for significant gains. The portfolio offers differing levels of protection against losses, allowing investors to capture growth and gains with no minimum or lock-in periods.
According to Syfe, investors can access various protection levels starting from 3.3% estimated max loss levels while realising gains of up to 12.4% per data as of Sept 4.
Dhruv Arora, founder and CEO at Syfe, says this is a significant step in Singapore’s investment landscape. “We launch Downside Protected portfolios today to help our investors more comfortably navigate today’s unpredictable market, and to help newer investors enter the market who are keen to learn but may be cautious about losses.”
Syfe is a saving and investment platform that is licensed and operational in Singapore, Hong Kong and Australia, with customers from over 60 countries.
