Endowus Fund Smart

[sohguanh]

Good for those Income seeker if available.

Finally Endowus give in to request from users. In this difficult period they have to retain customer so this is one way. Let's be realistic there are investors who want dividend despite it erodes the returns. In this bear market all or most funds in the red. Dividends provide some comfort on top of trailer fee rebate

 

[s0crates]

Finally Endowus give in to request from users. In this difficult period they have to retain customer so this is one way. Let's be realistic there are investors who want dividend despite it erodes the returns. In this bear market all or most funds in the red. Dividends provide some comfort on top of trailer fee rebate

Not a big surprise to me if their goal is to beat Ifast/fundsupermart. I don't think they will impose their beliefs to users lol.

I have received emails from them courting me to be an AI with them and some events regarding private equity funds. They are really branching out.

 

[sohguanh]

With Endowus new change to allow user to select dividend payout it has upped the game against FSMOne again. Now only left the fees Endowus collect for CPF investment. If Endowus can follow same no collect then I think Endowus has a big edge over FSMOne and additional trailer fee rebate that FSMOne is not giving

 

[sohguanh]

Just to share verified Endowus really give out the dividends after you select the Payout preference of the fund you have in Fund Smart. To check which funds are paid out, when setting criteria there is a section called Dividend type: tick Distributing instead of Accumulating. I have checked very few equity funds carried by Endowus is Distributing. Fixed income funds much more and they can be monthly, quarterly etc. But take note don't just buy the fund for their dividend paid out as I just did a quick check close to 100% of the funds are all in the red color for this year onwards. This is same elsewhere in FSMOne, poems, dollarDex etc