facebookUpon the setup of Endowus account, do Endowus use our funds and enter at the current market pricing? If yes, wouldn't this be the best period to sign up on Endowus now? - Seedly

Zi Kai

30 Mar 2020

Robo-Advisors

Upon the setup of Endowus account, do Endowus use our funds and enter at the current market pricing? If yes, wouldn't this be the best period to sign up on Endowus now?

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?

Discussion (2)

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Shengshi Chiam, CFA

27 Mar 2020

Personal Finance Lead at Endowus

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.

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