Endowus vs FSM (Unit Trust)

[s0crates]

I found this on Dollardex's explanation on how they make money. Does it make sense? Thanks.

https://www.dollardex.com/sgn/?current=fees

Nope it doesn't. The Amundi fund which endowus is also selling, based on endowus website, has no trailers.

Based on my understanding of dollardex business model, as per the link you share, there is no way dollardex can earn anything from carrying the funds, which makes it both exhilarating and a bit concerning.

The thorough way of doing this is to buy both on Endowus and dollardex on the same day, sell on the same day and see if there's a difference in how the trade is going to executed.

I have not heard of a case where a zero trailer fund is traded for free. I think it justifies some skepticism.

 

[RedsYWNA]

Nope it doesn't. The Amundi fund which endowus is also selling, based on endowus website, has no trailers.

Based on my understanding of dollardex business model, as per the link you share, there is no way dollardex can earn anything from carrying the funds, which makes it both exhilarating and a bit concerning.

The thorough way of doing this is to buy both on Endowus and dollardex on the same day, sell on the same day and see if there's a difference in how the trade is going to executed.

I have not heard of a case where a zero trailer fund is traded for free. I think it justifies some skepticism.

The Amundi World and Prime US funds seem to have disappeared from the list of funds that can be transferred from elsewhere.......not sure if its just a temporary thing, but on Sat, I could still see the 2 funds.

https://www.dollardex.com/SGN/?current=transferin/home&previous=transferin/home&tr=1

 

[limster]

Dollardex A12hs-c and Amundi is A12HS?

If thats correct, then they have different ISIN code.

they might well be in a different class with different trailer/management fees.

 

[Leaden]

I found this on Dollardex's explanation on how they make money. Does it make sense? Thanks.

https://www.dollardex.com/sgn/?current=fees

Yeah, most likely Dollardex is earning money through the expense ratio.

Without new exclusivity deals, Endowus simply can't compete in fees. I feel they might end up like moneyowl. They need new deals.

 

[s0crates]

The Amundi World and Prime US funds seem to have disappeared from the list of funds that can be transferred from elsewhere.......not sure if its just a temporary thing, but on Sat, I could still see the 2 funds.

https://www.dollardex.com/SGN/?current=transferin/home&previous=transferin/home&tr=1

It is not appearing in their funds filter now... Strange. I saved the URL of the funds though, that is still live.

What the hell is going on LOL

 

[chyn_no]

saw on reddit someone mentioned dollardex made a mistake......

 

[bearkia]

saw on reddit someone mentioned dollardex made a mistake......

that's a pity

 

[s0crates]

Anyone managed to submit a trade on dollardex? Opened an account yesterday but no sound...

 

[sibeiTrolled]

saw on reddit someone mentioned dollardex made a mistake......

Thanks for the update. Also recheck that post and it was updated 6-7hs ago.

For anyone who wants to know more.

 

[s0crates]

Possible. I was thinking the listing might be mistake. The listing might only be meant for their clients who were tied to an advisor (and hence can charge a recurring advisory fee) rather than being open to all. Lets see how, I am going in to try it out hehe

Thanks for the update. Also recheck that post and it was updated 6-7hs ago.

For anyone who wants to know more.

See I am right with my guess hehe.

 

[RedsYWNA]

See I am right with my guess hehe.

This is a shot across the bow. We just need someone to come in and eat Endowus lunch, eg Tiger/Moomoo

"Your margin is my opportunity" - Jeff Bezos

 

[sohguanh]

Anyone participate in dollarDEX promotion before? I done for last two but their rewards take 120 days to arrive in the form of Fullerton Cash or LG Short Duration Bond worth of units.

Used to be $100 for every 10k. Latest is only $40 for every 10k. Since bonus units are guaranteed you can buy the money market fund for those every 10k and then add the guaranteed 1% or 0.4% to the MMF returns.

Note: now they got funds exclusion list which include MMF so harder to play liao

https://www.dollardex.com/rewards