Syfe launches first Downside Protected S&P 500 portfolio in S'pore
It utilises ETFs to limit potential downturns.
Syfe launched the first Downside Protected S&P 500 Portfolio in Singapore, aiding the needs of those with a risk-averse investment strategy by providing exposure to the growth of the S&P 500 and offering loss protection against any market downturn.
The portfolio utilises a series of exchange-traded funds (ETFs) that incorporate options strategies to limit potential losses.
Investors can access various protection levels, starting from 3.3% estimated max loss levels and upside gains up to 12.4%. They can also start with any amount and have the flexibility to withdraw funds at any time without penalties.