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The S&P 500 just experienced its sharpest two-day decline since March 2020. The sell-off was triggered by geopolitical tensions and tariff-related concerns, prompting a broad risk-off move across global markets. In this update, we take a closer look at how Syfe’s managed portfolios have held up, and how they are positioned to navigate the road ahead
Income+: Strong YTD Performance Amid Market Swings
| (Return in SGD) | 3-Apr | YTD(as of 3 April) |
| Income Preserve | +0.2% | +2.3% |
| Income Enhance | -0.1% | +2.1% |
| Bloomberg Global Aggregate Total Return Index Hedged SGD | +0.5% | +1.5% |
Source: Syfe Research, Bloomberg, PIMCO. Returns are shown gross of Syfe platform fees. Mutual fund performance is updated with a one-business-day lag. As of 3 April 2025. Key drivers: Both Income+ portfolios held up well, in stark contrast to the -10.7% sell-off in the S&P 500 over 3 and 4 April. Demand for safe-haven assets such as US Treasuries drove bond yields lower, supporting fixed income performance. With strong credit…
