facebookI am keen to invest my SRS using Endowus. It is said that the investments are held in UOB KayHian under my name. I wanted to hear from the larger community, is this method truly safe? - Seedly

Anonymous

11 Dec 2020

Robo-Advisors

I am keen to invest my SRS using Endowus. It is said that the investments are held in UOB KayHian under my name. I wanted to hear from the larger community, is this method truly safe?

Safe from the perspective that Endowus will not be able to "run away" with my money and no matter what happened to Endowus, I will still have the investments under my name and I could take my time to sell them.

Discussion (1)

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Jiayee

11 Dec 2020

Salaryman at some company

It's safe.

As for "taking your time to sell", I'm not sure if that's possible. At least, for robos which manage fractional shares, dissolution should be equivalent to selling.

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