Endowus Fund Smart

[s0crates]

I would say for cash/SRS

Dimensional world equity fund
PIMCO income fund

For cpf

Infinity global stock index

I am not going to sell my CPF portfolios btw. It takes way too long to execute both the sell and buy side of the investment, and also i believe there is a fair chance that better funds (dimensional) will be approved for cpf.

I think the new fund smart pricing more beneficial for people putting new money in OR are new clients. Not worth to switch if you have existing investment.

 

[imbecilelight]

If using CPF to invest, there are agent bank charges (GST applicable):
- transactions (buy or sell): S$2 - $2.50 per transaction on a portfolio basis.
- service charge: $2-2.50 on a portfolio basis per quarter.

So for investment using CPF, it's likely to cost more if anyone has the intention to create several one single fund portfolios. You can save only if you have invested a larger sum and/or will top up each portfolio with more than 14k every year.

Those who use cash will really benefit from this 0.3% access fee for single fund portfolio since you can create multiple single fund portfolios without incurring bank agent charges.

 

[RedsYWNA]

What would be the one fund that you recommend in Endowus if I intend to use SRS to invest and to keep for 10 years?

I like the infinity US 500 personally at 0.7% now (0.4%+0.3%)...i use that for my CPF.

 

[direbmem]

Are all dimension funds denominated in SGD? Sorry newbie don't know how to see the denomination

 

[twosix]

endowus funds are all in sgd.

 

[Sambuca78]

Jus wondering is it possible to do weekly DCA for the single fund (cash) portfolio? Thanks.

 

[karakorum1999]

Jus wondering is it possible to do weekly DCA for the single fund (cash) portfolio? Thanks.

For weekly, you have to do manually.
The automated recurring investment is monthly.

 

[Okenba]

You can try doing 4 monthly transactions each 7 days apart. Maybe that'll work.

 

[Sambuca78]

For weekly, you have to do manually.
The automated recurring investment is monthly.

Thanks, so i need to set up weeking dca in my ibanking transfer schedule?

 

[$ingaporean]

Are all dimension funds denominated in SGD? Sorry newbie don't know how to see the denomination

Yes dimensional funds are in sgd.

 

[$ingaporean]

Jus wondering is it possible to do weekly DCA for the single fund (cash) portfolio? Thanks.

If manually sure can.

 

[karakorum1999]

Thanks, so i need to set up weeking dca in my ibanking transfer schedule?

Yes you could do that but you still need to manually activate the investments each time.

But Okenba’s suggestion could work if they allow more than 1 monthly recurring investment for each goal. Never tried before.

 

[karakorum1999]

You can try doing 4 monthly transactions each 7 days apart. Maybe that'll work.

Nice idea.
Best is for one goal, they allow to set more than 1 monthly recurring investment.
If that fails, I suppose we can use the brute force method - set 4 of the same identical goals, each with a staggered monthly recurring investment so that effectively we get a weekly dca…

 

[Shutterfly]

Can refer to his portfolio for Endowus/Syfe

Is that your channel? Seems like you are always promoting it.

 

[qhong61]

Is it high risk? If only have $40k, can try?

 

[revhappy]

I just did a test investment into DFA global core single fund portfolio. I funded the account on Sunday and the funds reached them immediately. Yesterday they got processed and I already see the amount reflected in my portfolio. Pretty impressed. I remember they used to be very slow in the beginning. I am going to use this single fund portfolio for all my future DCA.

 

[sohguanh]

I just did a test investment into DFA global core single fund portfolio. I funded the account on Sunday and the funds reached them immediately. Yesterday they got processed and I already see the amount reflected in my portfolio. Pretty impressed. I remember they used to be very slow in the beginning. I am going to use this single fund portfolio for all my future DCA.

Yes funding is quick about 5 min appear. Withdrawal slow as in today execute tomorrow reach bank acct. This aspect need to improve as FSM for withdrawal min $50 almost immediate except weekend they need do system maintenance. And FSM cash account give 0.25% interest paid every quarter

 

[s0crates]

I just realised that endowus now allows for dividends to be paid out, rather than reinvested.

This seems to be limited to their website access and for fund smart as well. Should be interesting for those folks that are investing for dividends pay out. Endowus should payout more after trailer fee rebates.

 

[sohguanh]

I just realised that endowus now allows for dividends to be paid out, rather than reinvested.

This seems to be limited to their website access and for fund smart as well. Should be interesting for those folks that are investing for dividends pay out. Endowus should payout more after trailer fee rebates.

Confirm? Do we need go in and tap something to get the dividends instead of default reinvested?

Edit: website go in for fund smart tap payout preference.

 

[CaptainWu]

Confirm? Do we need go in and tap something to get the dividends instead of default reinvested?

Edit: website go in for fund smart tap payout preference.

Good for those Income seeker if available.