The Singapore skyline, with major office properties owned by REITs in view. (Photo: REITsWeek)

Digital wealth management firm, Syfe, has launched a new product, Syfe REIT+, which tracks returns from the Singapore Exchange’s (SGX’s) iEdge S-REIT 20 Index.

The index measures the performance of 20 most liquid REITs listed on SGX, and spans across all sectors including office, retail, and industrial REITs.

Syfe REIT+ is being marketed primarily to retail investors.

“Since we launched Syfe REIT+ in February this year, thousands of new clients have signed up for this unique offering”, said Dhruv Arora, CEO of Syfe, in a media statement.

“One common feedback we have received from our investors is that they want to have freedom of choice between a risk-managed approach and a pure equities portfolio”.

“We’ve listened to this feedback and are excited to offer our investors a 100 percent REIT portfolio based on the iEdge S-REIT 20 Index,” said Arora.

“For investors who want to take advantage of the recent dip in the REIT market and share our belief that real estate should be part of anyone’s portfolio, Syfe offers an easy-to-use platform to start investing in REITs at a low-cost and start earning dividend income”, he added.

Further information on the product can be found at syfe.com/reit-plus, and our unpaid, unbiased review of the product can be found in our subscribers community discussion space here (login required).

By Shariffa Al-Habshee

Shariffa joined REITsWeek in 2017, and monitors Asia-Pacific REITs for the publication.