EndowUs Roboadvisor: investing using CPF

[Andrew833]

Hi All

I recently invested $1000 from my CPFOA in Endowus and it is still in progress. I have the following deductions shown in:

CPF OA
INV -$942.14

UOB Bank (CPFIS-OA)
UOBKAYHIAN $1000

Anybody know why only $942.14 is deducted from my CPF OA instead of $1000? Thank you.

By right should $1000, check with CPF transaction again.

 

[pathfinder6]

Anyone seen the upcoming Trailer fee rebate received - processing?

 

[dappermen]

I recently invested $1000 from my CPFOA in Endowus and it is still in progress. I have the following deductions shown in:

CPF OA
INV -$942.14

UOB Bank (CPFIS-OA)
UOBKAYHIAN $1000

Anybody know why only $942.14 is deducted from my CPF OA instead of $1000? Thank you.

how is it now?

 

[dgeralds]

how is it now?

Still the same. Looks like Endowus gave me $60 discount. May be first time investing CPFOA?

I just invested another $2000 two days ago. The CPF-OA correctly shows as INV -$2002.14

 

[dappermen]

$60 discount

this is alot!!!!!!!!!

 

[dgeralds]

this is alot!!!!!!!!!

I am also surprised.

Anyway I initially wanted to invest $1000 monthly. I forgot about the $2.14 bank service fee. I think I should change it to invest twice a year.

 

[dappermen]

& edwus dont usu discount /rebate it off instantly!

 

[dappermen]

some1 asked abt $owl v Edwus?

 

[s0crates]

some1 asked abt $owl v Edwus?

Actually endowus has the most detailed and nicest looking interface amongst the robo. Not a fair comparison imo.

 

[dappermen]

yup this is wat he said!!! Still hve to comp & contrast 4 customers who wanna go w just 1

 

[katana71]

Beri goot. Now my portfolios starting go back green green again

 

[dgeralds]

Hi all. The agent bank charges $2.14 for every investment of CPFOA in Endowus. To minimise this I want to invest 6 monthly (once in 6 months) in Endowus using CPFOA. But in Endowus there is option ONLY for monthly recurring investment. How do you all manage if you want to invest once in 3 months or once in 6 months?

​

 

[dappermen]

Eg i wish to do it 10mth or 11mth

I can manually that each time



If the robo couldnt give me a setting i wanna,& i dont believe in dca without first looking at the mkt conditions

 

[Andrew833]

Hi all. The agent bank charges $2.14 for every investment of CPFOA in Endowus. To minimise this I want to invest 6 monthly (once in 6 months) in Endowus using CPFOA. But in Endowus there is option ONLY for monthly recurring investment. How do you all manage if you want to invest once in 3 months or once in 6 months?

​

Just do it manually.
You can add more when there is a correction, this will help to reduce your average price.
I just investing in 2 UT, 10k each, still processing. A bit slow.

 

[pathfinder6]

Just put in redemption request since targets exceeded, email notification estimates 8-10 business days to CPFIS. DBS quoted another 3 business days to OA. Hopefully I'll see the amount back in OA before 2022

 

[dgeralds]

Hi All

I have 2 goal/investment in Endowus – one using CPFOA and another CASH. Target asset allocation for both is 100.0% Equities | 0.0% Fixed Income. Risk tolerance is same for both. But why the allocated underlying funds are different for both investment? See below for details.

Is it possible to have the same underlying funds as CPFOA for my Cash goals?

1. CFPOA

Target asset allocation is 100.0% Equities | 0.0% Fixed Income

Risk tolerance: Maximise returns by taking greater risk (loss tolerance -50%)

Underlying Funds:
LionGlobal Infinity U.S. 500 Stock Index Fund - 40%
LionGlobal Infinity Global Stock Index Fund (SGD C Class) – 30%
FSSA Dividend Advantage Fund – 15%
Schroder Global Emerging Markets Opportunities Fund – 15%

Top 10 Holdings
Vanguard Global Stock ETF 30.15%
Microsoft Corp 2.57%
Apple Inc 2.43%
Taiwan Semiconductor Manufacturing Co Ltd 1.97%
Amazon.com Inc 1.52%
Tencent Holdings Ltd 1.48%
Tesla Inc 0.93%
Samsung Electronics Co Ltd 0.93%
Alphabet Inc Class A 0.92%
Alphabet Inc Class C 0.86%

2. CASH

Target asset allocation is 100.0% Equities | 0.0% Fixed Income.

Risk tolerance: Maximise returns by taking greater risk (loss tolerance -50%)

Underlying Funds:
Dimensional Global Core Equity Fund – 38%
LionGlobal Infinity U.S. 500 Stock Index Fund – 37%
Dimensional Emerging Markets Large Cap Core Equity Fund – 13%
Dimensional Pacific Basin Small Companies Fund – 12%

Top 10 Holdings
Microsoft Corp 3.52%
Apple Inc 3.28%
Amazon.com Inc 1.96%
Meta Platforms Inc Class A 1.19%
Alphabet Inc Class A 1.12%
Alphabet Inc Class C 1.05%
Tesla Inc 0.86%
NVIDIA Corp 0.78%
JPMorgan Chase & Co 0.67%
Johnson & Johnson 0.66%

 

[dappermen]

1. CFPOA


Underlying Funds:
LionGlobal Infinity U.S. 500 Stock Index Fund - 40%
LionGlobal Infinity Global Stock Index Fund (SGD C Class) – 30% +
FSSA Dividend Advantage Fund – 15%
Schroder Global Emerging Markets Opportunities Fund – 15%

2. CASH

Underlying Funds:
Dimensional Global Core Equity Fund – 38%
LionGlobal Infinity U.S. 500 Stock Index Fund – 37% & + Big cap EM & small co.s

their Underlying Funds is still quite diff

 

[dgeralds]

their Underlying Funds is still quite diff

Yes. How to get the same underlying funds for Cash investment? i.e CPFOA underlying funds for Cash investment ?

 

[dappermen]

Diy the fund on your own...

We diy our own too-
https://forums.hardwarezone.com.sg/...-robo-stocks-or.6476646/page-8#post-138472953

 

[dappermen]

dont use "Model Asset Allocations" then

use my goals

https://endowus.com/pricing

Single Fund fee:​

Cash, CPF, SRS
0.30%


Else is
Cash
0.60% - Up to S$200k
or
CPF, SRS
0.40%