MARI invest

[GolferZzAxis]

Actually why you all want to use Mari for PIMCO Income?

Mari uses the retail class with a management fee of 1.05%.

Endowus offer the institutional class with a fee of 0.55%. Plus single fund fee 0.3% (or lower if you can get the 15% corporate discount from your company) max 0.85%. And iirc Endowus also got the accumulating fund option so you don't have to manually reinvest the dividend.

0.2% is huge especially when you're talking about a bond fund.

 

[~sabaisabai~]

Actually why you all want to use Mari for PIMCO Income?

Mari uses the retail class with a management fee of 1.05%.

Endowus offer the institutional class with a fee of 0.55%. Plus single fund fee 0.3% (or lower if you can get corporate discount from your company) max 0.85%.

0.2% is huge especially when you're talking about a bond fund.

yes i notice the mgmt fee is much higher

 

[alanchia67]

I think it was compared before, have to search in this thread.

 

[wutawa]

Actually why you all want to use Mari for PIMCO Income?

Mari uses the retail class with a management fee of 1.05%.

Endowus offer the institutional class with a fee of 0.55%. Plus single fund fee 0.3% (or lower if you can get corporate discount from your company) max 0.85%.

0.2% is huge especially when you're talking about a bond fund.

The 1.05% management fee is under pimco.
https://www.pimco.com/sg/en/investments/gis/income-fund/admin-sgd-hedged-income
How can endowus remove this fee when it is priced in the unit price?

 

[alanchia67]

The 1.05% management fee is under pimco.
https://www.pimco.com/sg/en/investments/gis/income-fund/admin-sgd-hedged-income
How can endowus remove this fee when it is priced in the unit price?

Endowus' is Institutional Class. The fee will be different. Sorry, didnt have time to check their documents now.

 

[geographic]

Finally, X6 this week for SavePlus

 

[wutawa]

Endowus' is Institutional Class. The fee will be different. Sorry, didnt have time to check their documents now.

I don't have endowus. It will be nice if someone can compare the different classes or even find a more atas class above institutional. Thanks.

 

[alanchia67]

I don't have endowus. It will be nice if someone can compare the different classes or even find a more atas class above institutional. Thanks.

Endowus' website.
https://endowus.com/investment-funds-list/pimco-gis-income-fund-IE00BSTL7535

PIMCO website
https://www.pimco.com/sg/en/investments/gis/income-fund/inst-sgd-hedged-income

 

[wutawa]

1.05% TER. Endowus is cheaper at 0.55% + 0.3%:

	Maribank Income	Endowus Income
Capital	$1000	$1000
unit price on 3 Mar	$9.62	$9.44
unit price on 29 Aug	$9.55	$9.40
Total cash payout	$31.93	$31.53
Yield inclusive of payout	4.93%	5.46% or 5.16% after endowus fee

endowus income is about 0.2% better than MII

(not vested in both)

 

[peppermint7]

I am going to compare the yield later. Hehe

Compare liao tell us

 

[alanchia67]

Actually can use ChatGPT, Copilot, Gemini etc to compare. I think the last round I used Copilot and posted the result here.

 

[white_prince]

Mari saveplus giving out 6 payout this week. Havent seen this for awhile.

 

[wutawa]

	Maribank Income	Endowus Income
Capital	$1000	$1000
unit price on 3 Mar	$9.62	$9.44
unit price on 29 Aug	$9.55	$9.40
Total cash payout	$31.93	$31.53
Yield inclusive of payout	4.93%	5.46% or 5.16% after endowus fee

endowus income is about 0.2% better than MII

(not vested in both)

Compare liao tell us

endowus income is about 0.2% better than MII

 

[Tee_bag]

endowus income is about 0.2% better than MII

Aiya... i just bought some of these via MII...

 

[wutawa]

Aiya... i just bought some of these via MII...

must be contented. 4.93% still much better than my saveplus 2%, better than ssb, fd, tbill

 

[~sabaisabai~]

Aiya... i just bought some of these via MII...

Is ok. If u use Maribank, is the whole ecosystem. Easier to track?

 

[peppermint7]

Is ok. If u use Maribank, is the whole ecosystem. Easier to track?

Depends on how 1 sees it. If plonk in 100k, one of them paying you $200 lesser.
If only put in $100, just like me , 20c is ok won't feel too much pinch.

 

[wutawa]

Depends on how 1 sees it. If plonk in 100k, one of them paying you $200 lesser.
If only put in $100, just like me , 20c is ok won't feel too much pinch.

20 cts per year = $2 for 10 years = $20 for 100 years
Btw, I do not know the 0.2% difference is due to the fund fee or just a coincidence.

 

[peppermint7]

20 cts per year = $2 for 10 years = $20 for 100 years
Btw, I do not know the 0.2% difference is due to the fund fee or just a coincidence.

I only put $100. So it's ok. If i put 100k I'll go dig out and disect through and through to make sure I making the best deal

Appreciate your effort

 

[wutawa]

My Monday payout/today is $0

How come ah? I did redeem some money for some expense

Saveplus returns not guaranteed. Can be positive, zero or even negative.