Isaac

11 Oct 2021

∙

Is anybody using Endowus cash smart ultra (1.7% -2% interest) to park your emergency funds?

Came across an Instagram post by moneysmart lately that it seems like the best place to park our emergency money is at Endowus cash smart ultra (1.7% -2% interest). Is anybody using it? Feedbacks?

19

Discussion (19)

What are your thoughts?

Learn how to style your text

catony

15 Jun 2022

Don't put your money in this. i have put my money in since Sep 21, and currently have a -3% return.. given they market it as a 'cash' portfolio and around 2% projected returns, 3% loss is quite a lot.. they need to seriously review how they market their product..

Reply

Save

View 1 replies

Tan Louis

14 Mar 2022

Lost money in Endowus cash smart enhanced for more than 3 months with -0.73%. Do not recommend their cash smart porfolio. i just made a withdrawal to cash out. Worse cash management ever

Reply

Save

Keff Hui

01 Mar 2022

Endowus cash smart is a robbers portfolio, put your money in if u want to get rob. Just leaving your money in a biscuit tin can would outperform Endowus by 2 elephants. Nothing smart abt the portfolio, it shd be renamed Endowus cash Dumb.

Reply

Save

View 2 replies

Emmeline Yeo

11 Feb 2022

Cash smart ultra is NOT for emergency funds. I invested in cash smart ultra in Nov '21 and have seen losses of 1-1.3% for the past 3 months.

Reply

Save

Yongdan Tang

07 Jan 2022

If you need the money at any time, do NOT put your money with Endowus Cash Smart Ultra.

1) it's...

Write your thoughts

Related Articles

Related Posts

I have 30k in UOB acc including 5mth emergency fund. I want to hit 50k to max my interest. Does it make sense to use say 10k from it and use it in SSB / STI ETF and cash out instead? Mid 20s here.

With the latest changes of Endowus Cash Smart rates to 1.7% - 2.2%, does this refer to the net projected yield? May we have the gross projected yield too, as competitors appear to use that instead?

In this low interest rate environment, Endowus Cash Smart portfolios can help to boost returns at low costs. But what do these funds invest in exactly? Read on here.

With endowus giving a smaller 0.3% access fee for SINGLE FUND using the fund smart option, are there any reason why I should keep my multiple fund portfolio using fund smart?

Endowus Fund Smart now allows us to customise our portfolio by choosing the funds with CPF, SRS and cash. Will you be trying Endowus Fund Smart or stay with their advised portfolios?

Related Products

Endowus

4.7

657 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

StashAway

4.7

1293 Reviews

Syfe

4.6

931 Reviews

Related Posts

I have 30k in UOB acc including 5mth emergency fund. I want to hit 50k to max my interest. Does it make sense to use say 10k from it and use it in SSB / STI ETF and cash out instead? Mid 20s here.

With the latest changes of Endowus Cash Smart rates to 1.7% - 2.2%, does this refer to the net projected yield? May we have the gross projected yield too, as competitors appear to use that instead?

In this low interest rate environment, Endowus Cash Smart portfolios can help to boost returns at low costs. But what do these funds invest in exactly? Read on here.

With endowus giving a smaller 0.3% access fee for SINGLE FUND using the fund smart option, are there any reason why I should keep my multiple fund portfolio using fund smart?

Endowus Fund Smart now allows us to customise our portfolio by choosing the funds with CPF, SRS and cash. Will you be trying Endowus Fund Smart or stay with their advised portfolios?