EndowUs Roboadvisor: investing using CPF

[deepblueli]

Looking at their new cash management (ultra) which is under Fund Smart and charging 0.25% access fee where cash smart enhanced is only 0.05% accesss fee.

The difference in return between them is just 0.2%.
Doesn’t sound worth to take higher risk in cash management (ultra) with same return after access fee.

https://endowus.com/pricing

What do you guys think?

 

[w1rbelw1nd]

Looking at their new cash management (ultra) which is under Fund Smart and charging 0.25% access fee where cash smart enhanced is only 0.05% accesss fee.

The difference in return between them is just 0.2%.
Doesn’t sound worth to take higher risk in cash management (ultra) with same return after access fee.

https://endowus.com/pricing

What do you guys think?

Where do you get that? I chose 70% fullerton short interest, 30% LGI enhanced and this is what i got

Fund level fee 0.488%
Rebates -0.2125%
Access fee 0.05%
Total cost 0.3225

It is 0.05% what.

 

[FinalDestiny...]

20.03 now

+15.92% since 2 months ago.

Wow What portfolio allocations are you guys on?

 

[deepblueli]

Where do you get that? I chose 70% fullerton short interest, 30% LGI enhanced and this is what i got

Fund level fee 0.488%
Rebates -0.2125%
Access fee 0.05%
Total cost 0.3225

It is 0.05% what.

Oic.. it isn’t clear in their website.
Thanks for clarification. Where do you see this breakdown?

 

[JetStorm]

20.03 now

time weighted return? impressive! my 100% stocks allocation using cash the time weighted return is only 9.72%

Sent from Xiaomi REDMI NOTE 8 PRO using GAGT

 

[decibel.]

Anyone knows how opt for e statement? Or stop the sending of physical letters?

Sent from HUAWEI VOG-L29 using GAGT

 

[cannot.remember]

Hi all, I am planning to put some money into SRS to invest. I understand the trailer fee rebate for Endowus will be credited back to the SRS account. Assuming I am putting in the max 15,300 every year, does this mean I have always have a few dollars in the account that is not invested?

Also, if I am looking at LGI Infinity Global Stock Index Fund and/or LGI Infinity U.S 500 Stock Index Fund then would Poems or Dollardex be cheaper since they have no platform fee? Trying to understand the attractiveness of Endowus Fundsmart. TIA!

 

[hwmook]

Hi all, I am planning to put some money into SRS to invest. I understand the trailer fee rebate for Endowus will be credited back to the SRS account. Assuming I am putting in the max 15,300 every year, does this mean I have always have a few dollars in the account that is not invested?

Also, if I am looking at LGI Infinity Global Stock Index Fund and/or LGI Infinity U.S 500 Stock Index Fund then would Poems or Dollardex be cheaper since they have no platform fee? Trying to understand the attractiveness of Endowus Fundsmart. TIA!

Yes, POEMS and Dollardex are cheaper for both funds you mentioned.

 

[YouHeypiCanLiao]

Anyone knows how opt for e statement? Or stop the sending of physical letters?

Sent from HUAWEI VOG-L29 using GAGT

I also wanna know

 

[s0crates]

Yea marginally for these funds.

If cost is a concern, dimensional global core equity fund /emerging markets large cap will be cheaper, and actually more diversified.

Yes, POEMS and Dollardex are cheaper for both funds you mentioned.

 

[cannot.remember]

I went to compare other funds at Endowus and other some funds like Pimco Global Income Fund is cheaper because of the institutional fees. I guess it really depends on what funds you are looking at. What funds do you guys invest in?

Maybe a bit off topic but I think for global exposure using IBKR to buy IWDA+EIMI/VWRA should be cheapest if you have more than US$100k in the account already. Without the US$100k then the costs are somewhat on par with these managed funds. Perhaps it is better to put SRS money into STI ETF and use cash for the global exposure. That said, $1.2k per month into STI ETF is too much for me

 

[5408854088]

how is their portfolio performance for CPF investment if 100% in to equities?

 

[gold_eagle36]

how is their portfolio performance for CPF investment if 100% in to equities?

Very good this year. I look at it this way, I don't see any other better alternative for a well diversified cpfis portfolio. So just go with endowus.

Do note the bank agent fees (net is about 35 per year (2.14*12 for monthly recurring and 2.14*4 for the bank cpfis account). So if you are doing recurring, best to invest a high amount.

The bank agent fees applies even if you do your own purchase of insividual counter. Endowus allows u to pay a single bank agent fees for multiple funds.

 

[5408854088]

Very good this year. I look at it this way, I don't see any other better alternative for a well diversified cpfis portfolio. So just go with endowus.

Do note the bank agent fees (net is about 35 per year (2.14*12 for monthly recurring and 2.14*4 for the bank cpfis account). So if you are doing recurring, best to invest a high amount.

The bank agent fees applies even if you do your own purchase of insividual counter. Endowus allows u to pay a single bank agent fees for multiple funds.

thanks

 

[Okenba]

The thing about CPF is that even if you're not invested, you're still earning 2.5% so waiting a month or two before investing isn't as painful as having cash sitting on the sidelines.

 

[kokjj87]

Can I schedule it to periodically to transfer from my SRS Cash Smart to SRS General Wealth Accumulation?

Or do I need to manually withdraw from Cash Smart to my SRS and from SRS to General Wealth Accumulation. Which will take a long time.....

 

[karakorum1999]

Can I schedule it to periodically to transfer from my SRS Cash Smart to SRS General Wealth Accumulation?

Or do I need to manually withdraw from Cash Smart to my SRS and from SRS to General Wealth Accumulation. Which will take a long time.....

I asked before, it’s the latter.
Not sure why they don’t allow, but it does take time to uninvest, even for Cash Smart. I suppose funds invested in Cash Smart is not liquid for immediate transfer...

 

[kokjj87]

I asked before, it’s the latter.
Not sure why they don’t allow, but it does take time to uninvest, even for Cash Smart. I suppose funds invested in Cash Smart is not liquid for immediate transfer...

It's a pity man. Lost time opportunity and tedious to do it on a month to month basis...

 

[FinalDestiny...]

It's a pity man. Lost time opportunity and tedious to do it on a month to month basis...

I think they did mention they were looking into automating transfers from Cash Smart to Cash portfolios in one of their webinars. So I would assume automation for CPF/SRS portfolios may come afterwards. But CPF and SRS has an intermediary bank which plays a role, so I am not sure if automation can work out.

 

[Kojo0403]

I went to compare other funds at Endowus and other some funds like Pimco Global Income Fund is cheaper because of the institutional fees. I guess it really depends on what funds you are looking at. What funds do you guys invest in?

Maybe a bit off topic but I think for global exposure using IBKR to buy IWDA+EIMI/VWRA should be cheapest if you have more than US$100k in the account already. Without the US$100k then the costs are somewhat on par with these managed funds. Perhaps it is better to put SRS money into STI ETF and use cash for the global exposure. That said, $1.2k per month into STI ETF is too much for me

Can consider TID for MSCI China and HST for Hang Seng TECH. both counters has decent volume on SGX.

For pure REITs play can consider Lion SREIT ETF (CLR) or Nikkoam AXJ reit etf (CFA).

For US can go for S27 - SPDR S&P500 ETF, though it’s spread is wider than US hours, it has the same TER at 0.09%. Over the long term, it’s definitely cheaper than Lion Infinity UT or Endowus US portfolio (which charge min 0.40% fees per annum)