Syfe uses an omnibus HIN account, which means that all of our investors use the same HIN. This differs from individual CHESS sponsored (HIN) and issuer sponsored (SRN) accounts, which are typically used for individual investors to keep track of their trades.
Although your investments are not held under your personal HIN with Syfe, you still have full beneficial ownership of your investments. This means that you have the same rights and entitlements as if you held the shares under your own HIN.
With our shared HIN account, you can invest from as little as 1 share for the top 1000 stocks or ETFs, without being required to meet any minimum investment amounts that are typically associated with individual HIN or CHESS accounts.