What's the timing of entry for Endowus upon the receipt of the funds? Do you enter now, or at a timing that you think it is suitable?
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Shengshi Chiam, CFA
27 Mar 2020
Personal Finance Lead at Endowus
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Hi Zi Kai,
Yes, we will purchase the unit trust based on current pricing. For CPF monies, it will be T+2 days after you confirm because of some agent bank constraints.
We dont believe in timing the market, so anytime would be a good time to invest, as long as you have a long term horizon and a commitment to remain invested.