The S&P 500 recently went through its steepest two-day drop since March 2020, catching the attention of investors everywhere. This sudden decline was stirred up by geopolitical tensions and discussions about tariffs, leading to widespread cautiousness in markets worldwide. We’re diving into an update to examine how Syfe’s managed portfolios have weathered the storm and how they’re gearing up for what’s next.
Income+: Staying Strong Year-to-Date Even With Market Volatility
When looking at the performance in Singapore Dollars as of April 3rd, the numbers tell an interesting story: Income Preserve is up by 0.2%, marking a 2.3% increase year-to-date, while Income Enhance slid 0.1% but still shows a 2.1% gain for the year. In comparison, the Bloomberg Global Aggregate Total Return Index—adjusted for currency fluctuations—sits at a 0.5% rise, totaling a 1.5% increase since the start of the year.
The data, sourced from Syfe Research, Bloomberg, and PIMCO, accounts for past performance excluding Syfe platform fees, while mutual fund performance updates usually lag by one business day, recorded as of April 3, 2025.
What’s driving this resilience? Both Income+ portfolios are standing firm, providing a stark contrast to the S&P 500’s dramatic -10.7% decline recorded on April 3rd and 4th. What’s behind this? A surge in demand for safe-haven assets like US Treasuries has pushed bond yields down, effectively bolstering fixed income performance. Strong credit fundamentals…
