EndowUs Roboadvisor: investing using CPF

[decibel.]

Hi anyone still on the old DFA World Equity Fund? Any reasons to sell and accept the recommended portfolio changes to SRS i.e. DFA Global Core etc other than cheaper fees? One thing I don't like about the new portfolio is very US weighted

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[yiron]

Is there any way to set up a monthly recurring DCA from Cash Enhanced to Advised portfolio?

E.g. put $10k cash upfront into Cash Enhanced, then every month Endowus will automatically switch a specified amount, like $1k, from Cash Enhanced to 60/40 portfolio.

 

[FinalDestiny...]

Is there any way to set up a monthly recurring DCA from Cash Enhanced to Advised portfolio?

E.g. put $10k cash upfront into Cash Enhanced, then every month Endowus will automatically switch a specified amount, like $1k, from Cash Enhanced to 60/40 portfolio.

They are trying to implement this feature or something similar soon

 

[s0crates]

Me lo.

I don't think the benefit of the fund change is worth being out of market for 3-4 days. So didn't accept. Haha. I started another SRS goal for new monies.

Hi anyone still on the old DFA World Equity Fund? Any reasons to sell and accept the recommended portfolio changes to SRS i.e. DFA Global Core etc other than cheaper fees? One thing I don't like about the new portfolio is very US weighted

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[ashethen]

Is buying unit trust utilizing the CPFIS stock limit or professionally managed products limit?

I bought 25k worth of unit trust, but my CPF statement didn't reflect this amount used in my stock limit.

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[decibel.]

Me lo.

I don't think the benefit of the fund change is worth being out of market for 3-4 days. So didn't accept. Haha. I started another SRS goal for new monies.

Yeah I don't see the point especially since I have to sell now and buy again at freaking high valuation. Can I ask you, you choose reject? After that able to edit your current SRS amount? I ask cos I haven't reject then when I choose to edit my current amount it shows me the new funds instead.

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[s0crates]

I rejected it. Once rejected I think you can invest based on the old funds.

Yeah I don't see the point especially since I have to sell now and buy again at freaking high valuation. Can I ask you, you choose reject? After that able to edit your current SRS amount? I ask cos I haven't reject then when I choose to edit my current amount it shows me the new funds instead.

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[s0crates]

The professionally managed pdt limit la haha

Is buying unit trust utilizing the CPFIS stock limit or professionally managed products limit?

I bought 25k worth of unit trust, but my CPF statement didn't reflect this amount used in my stock limit.

Posted from PCWX using SM-N960F

 

[Michael_Scofield]

any referral, pm thanks!

edit: got it thanks

 

[Joe Maya]

Layman's question.

I invest 20k using this.

Can withdraw anytime?

 

[Okenba]

Layman's question.
I invest 20k using this.
Can withdraw anytime?

Takes a couple of days to withdraw to your CPF/SRS/cash account. After which, the usual restrictions for CPF and SRS apply.

Also be aware that this is not capital guaranteed and you can lose your money. So if that happens, then you won't be able to withdraw the full 20k.

 

[Joe Maya]

Takes a couple of days to withdraw to your CPF/SRS/cash account. After which, the usual restrictions for CPF and SRS apply.

Also be aware that this is not capital guaranteed and you can lose your money. So if that happens, then you won't be able to withdraw the full 20k.

But if 5-8 years inside, should most likely make some money right?

 

[Okenba]

But if 5-8 years inside, should most likely make some money right?

No guarantees. 20 years is much safer than just 5-8.

Also, the largest ever stock market drop was in 1929. I think it was an 80% drop. And it took 25 years to recover to the previous high.

There have been many new investors this past year for various reasons. I sincerely hope everyone knows the risks they are taking on when they get into the market.

 

[zoneguard]

But if 5-8 years inside, should most likely make some money right?

Withdrawal can take up to a week - they use UOB Kay Hian for order execution and custody of your assets.

I normally will ask questions on the returns or fees charged before putting my money in and I may ask on the withdrawal process later. I will also read up on investing in general especially the risk-return trade-off and ensure the money is not something I will need in the next 10 years so that there is time for it to grow.

 

[Kojo0403]

Can anybody advise whether it still makes sense to invest with 10k srs on a 25% risk profile (20 equity : 80 fixed income), after considering the 0.4% am fee and 0.3-0.9% fund lvl fee? Am I still missing out on any other fees? Still trying to learn and understand all this investment tools.

Btw, investment model is long and for retirement purpose. So not looking at short term gains.

Or would be better off with endowment plans or retirement plans instead

Probably it’s better to buy into ETF directly if it’s SRS monies.
You can invest the 20% into US Equities (S27), China Equities (TID/ HST), Singapore Equities (ES3) or REITs (CFA/CLR) ETFs on SGX.
As the 80% fixed income you can choose the SGD, USD or CNY Bonds ETFs which offer yield between 1.5%-6.0% depending on its credit rating and currency exposure- likely to be more superior to US treasury bonds etfs.

As you are looking to hold long-term, it’s important to minimize any additional intermediary fees that recurs annually.

https://api2.sgx.com/sites/default/files/2020-12/Full%20List%20of%20SGX%20ETFs.pdf

https://www.sgx.com/securities/etf-screener

 

[s0crates]

How can you buy into these etfs mix cost efficiently though? For SRS, brokerage charges is $25++ at around 0.275% because you are forced to use crappy local brokerages. Won't be surprised if some of the low volume ETFs get delisted LOL.

The mix of portfolio against your entire portfolio mix is also really difficult to manage if you want to make sure you still have a correctly weighted portfolio.

Probably it’s better to buy into ETF directly if it’s SRS monies.
You can invest the 20% into US Equities (S27), China Equities (TID/ HST), Singapore Equities (ES3) or REITs (CFA/CLR) ETFs on SGX.
As the 80% fixed income you can choose the SGD, USD or CNY Bonds ETFs which offer yield between 1.5%-6.0% depending on its credit rating and currency exposure- likely to be more superior to US treasury bonds etfs.

As you are looking to hold long-term, it’s important to minimize any additional intermediary fees that recurs annually.

https://api2.sgx.com/sites/default/files/2020-12/Full List of SGX ETFs.pdf

https://www.sgx.com/securities/etf-screener

 

[YouHeypiCanLiao]

just confirming..

IF you're using CPF-OA, it's the only platform to provide SnP500 AND cheapest fee ( recurring or not ) rite?

 

[Dividends]

just confirming..

IF you're using CPF-OA, it's the only platform to provide SnP500 AND cheapest fee ( recurring or not ) rite?

Is it cheaper than buying S27? Genuine question here, I haven't looked at the fee structure between the 2.

 

[RedsYWNA]

Is it cheaper than buying S27? Genuine question here, I haven't looked at the fee structure between the 2.

Dont think you can use CPF OA to buy S27 leh. I couldnt find the CPF option in DBS Vickers.

Also, dont think you can use CPF OA to buy Lionglobal US Infinity, at least not on Poems....

Govt thinks that it is safer to invest your CPF OA into SG stocks and Sg based ETFs......LOL

 

[Dividends]

Dont think you can use CPF OA to buy S27 leh. I couldnt find the CPF option in DBS Vickers.

Also, dont think you can use CPF OA to buy Lionglobal US Infinity, at least not on Poems....

Govt thinks that it is safer to invest your CPF OA into SG stocks and Sg based ETFs......LOL

Huh you're right, my bad, guess I got confused with SRS, I believe you could buy S27 with SRS.

Weird that they'd allow Endowus to offer CPFIS investment in the US market if that's what they really think.