facebookWould you use your CPF OA to invest in Unit Trust? Any views on this ? - Seedly
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Anonymous

Posted on 31 Jul 2020

Would you use your CPF OA to invest in Unit Trust? Any views on this ?

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10 answers

Discussion (10)

Kim Hwee

Kim Hwee

Level 5. Wonderkid

Posted on 03 Aug 2020

Hello, personally started investing CPFOA monies with Endowus and am very happy with the progress so far.

Endowus mainly uses very cost efficient unit trusts managed managed by some of the best and largest fund managers in the world and they have a full trailer fee rebate for their clients which help in reducing overall cost of investing.

The Endowus CPF portfolio is well globally diversified and it fits well with a Long term strategy for our CPFOA monies for eventual retirement. You can choose your percentage of equities to bonds according to your risk appetite.

Hope this helps!

0

Post

Sharon

Sharon

Level 12. Master

Posted on 03 Aug 2020

Yes I would. In fact, I did.

Since 23 Jun, I parked a lump sum from CPF-OA (no DCA) with Endowus. 60% stocks, 40% bonds. I'm happy with them so far. At least, I saw my money grew almost from the get-go.

One of the guys in a Facebook group I'm in, posted his results. You can take a look if you like:

https://www.risknreturns.com/2020/08/01/portfolio-july-2020/

He placed it since Jan 2020 and his "portfolio is up 8.34% for the year, which given the current climate is a decent set of results." He also used CPF-OA, but I think his portfolio is 100% equity. You can also read his detailed review here.

Meanwhile, for myself, my portfolio is up 3.82% (1 month-ish result).

Do check them out at https://endowus.com

If you happen to like what they do and their insights, please let me know. I can send a referral link your way. You can get a $20 in Access Fee credit (equivalent to $10,000 advised free, assuming Access Fee of 0.40%). It can be used to offset your Access Fee. (How much will I pay in fees? - In your case, cash: 0.6%; If CPF, 0.4% flat regardless of amount)

Endowus is a game-changer, since traditional unit trusts have high fees.

2

Wei Qiang Kwang

Wei Qiang Kwang

07 Aug 2020

Hi can share with me the referral link? Thanks

Sharon

Sharon

07 Aug 2020

Hi Wei Qiang, Here it is: https://endowus.com/invite?code=IFFE0 Do note that 0.4% is the Access Fee. Depends on what is the profile of your portfolio, the Total Expense Ratio is from 0.86% (very conservative) to 1.04% (very aggressive). As mine is Balanced portfolio (60% stocks 40% bonds), TER is 0.97%. Also, in order to be awarded with $20 in Access Fee credit, you need to fund with an initial investment of at least SGD 10,000, provided that the initial investment is not withdrawn for 90 days. Hope this helps!

Post

Hi,

Based on your reply to Nicholas, it seems like your finances are quite tight because you will b...

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