Advertisement
Anonymous
Also, how often should I check my portfolio?
2
Discussion (2)
Learn how to style your text
Samuel Rhee
26 Aug 2020
Chief Investment Officer at Endowus
Reply
Save
Hi, you can take a look here: https://seedly.sg/questions/may-i-ask-if-we-hav...
Reply
Save
Write your thoughts
Related Articles
Related Posts
Related Products

4.7
661 Reviews
Endowus Cash Investments Portfolio
Equities, Bonds
INSTRUMENTS
0.25% to 0.60%
ANNUAL MANAGEMENT FEE
$1,000
MINIMUM INVESTMENT
N/A
EXPECTED ANNUAL RETURN
Web and Mobile App
PLATFORMS
Related Posts
Advertisement
Hello, thank you for your question and it's always important to thnk about tax implications. In Singapore, there are no capital gains or income tax when it comes to investing and no inheritance tax. Any form of dividend withholding taxes would have been paid for by the funds itself at source so no additional taxes need to be paid. However, some robos invest in US ETFs - in which case, you are liable to US witholding tax of 30% on dividends which can range from 0.5~1% sometimes and you are also at risk of being liable to estate duties (inheritance tax) both of which will not affect you or has been tax optimized for you already if you invest through Endowus. Endowus is tax efficient and FX efficient (SGD) and built for local Singapore investors to specifically meet your needs.