EndowUs Roboadvisor: investing using CPF

[WoShiPro]

I'm receving paper statement from uob. How do I opt for e-statement?

 

[undergrd]

I also want to know. Prefer e-statement too.

I'm receving paper statement from uob. How do I opt for e-statement?

 

[s0crates]

Heard they are working on it... As with many other things lol

I also want to know. Prefer e-statement too.

 

[Mr. Wood]

Another Fund Manager Enters the World of Exchange-Traded Funds. What’s Behind the Trend.
Nov. 18, 2020

Dimensional Fund Advisor—a $527 billion asset manager known for its systematic investing approach and exclusivity to trained advisors—has officially entered the world of exchange-traded funds.

The company’s very first two ETFs started trading Wednesday, the Dimensional US Core Equity Market (ticker: DFAU) and Dimensional International Core Equity Market (DFAI), charge an expense ratio of 0.12% and 0.18%, respectively. Both funds are actively managed. With relatively low fees, the funds offer a competitive option for investors that want a broad-based core exposure to stocks, but also the benefits of active management from a well-established firm. Another Dimensional ETF tracking emerging market stocks is set to debut in December.

 

[tidalstorm]

The above 2 is in fund smart bo?

 

[undergrd]

Anyone on 80-20 asset allocation? How's the performance so far?

 

[Mr. Wood]

The above 2 is in fund smart bo?

maybe same same but diff.
https://endowus.com/investment-funds-list

 

[WoShiPro]

Anyone on 80-20 asset allocation? How's the performance so far?

Started in late oct. Up 4.24%. looking to switch to fund smart as I wan to remove UOB united fund due to low return.

 

[undergrd]

Switch means hv to close this portfolio and open a new one under fund smart?

Started in late oct. Up 4.24%. looking to switch to fund smart as I wan to remove UOB united fund due to low return.

 

[WoShiPro]

Switch means hv to close this portfolio and open a new one under fund smart?

Yeah seem like it.. will incur buy/sell fees again..

 

[hwmook]

Yeah seem like it.. will incur buy/sell fees again..

What buy and sell fees are you talking about?

 

[WoShiPro]

What buy and sell fees are you talking about?

Fees charged by cpfis agent bank. $2.50 per transaction

 

[YouHeypiCanLiao]

In thinking of just going snp500 plus asia settle liao

Started in late oct. Up 4.24%. looking to switch to fund smart as I wan to remove UOB united fund due to low return.

 

[FinalDestiny...]

I invested since last Dec, +8.21%. 60/40 allocation.

 

[YouHeypiCanLiao]

I invested since last Dec, +8.21%. 60/40 allocation.

5% since 2 months ago

 

[lancer6238]

Is it possible to start funding 2 goals at the same time to meet the initial min of $10K, e.g. split into $1K and $9K between the 2 goals? Or must we start with the full $10K in a single goal?

 

[WoShiPro]

Is it possible to start funding 2 goals at the same time to meet the initial min of $10K, e.g. split into $1K and $9K between the 2 goals? Or must we start with the full $10K in a single goal?

During account creation you need to indicate minimum 10k. After account is created you can do whatever you want. For me I started with 2 portfolio Cash Smart and Fund Smart(Cpf) and total amt less than < 10k.

 

[Kojo0403]

Still unnecessary cost leh - you can do it through Ibkr for ucits etfs lo. Anyway the Sgx spdr is really low volume and has 30%DWT, with expensive Sgx brokerage. No point if you ask me.

if you are a long term investor and does not invest more than $50k at a time, SGX SPDR should not post a big problem, since there are always market maker quoting min 50k units on bid and ask through out the day. spread is definitely wider than US, but someone pointed out below, the daily movement is likely to exceed the spread you see anyway. You can also place a limit order to try and get a better price.

Some benefits you get include no custody fee for cdp custody, srs éligible etc.

 

[Han Shot First]

I invested since last Dec, +8.21%. 60/40 allocation.

5% since 2 months ago

+15.92% since 2 months ago.

 

[YouHeypiCanLiao]

+15.92% since 2 months ago.

20.03 now