Endowus Reviews and Comparison - Seedly
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Endowus

  • Overview
  • Reviews (57)
  • Questions (96)
  • More Details

Endowus

4.8
57 reviews

USER RATINGS

User Experience

4.8

Ease of Sign up

4.9

Customer Support

4.9

Endowus

4.8
57 reviews

USER RATINGS

Read reviews

User Experience

4.8

Ease of Sign up

4.9

Customer Support

4.9

Endowus

0.25% to 0.60% p.a.
PRICING
$10,000
MINIMUM INVESTMENT
Web
PLATFORMS

    Endowus

    0.25% to 0.60% p.a.
    PRICING
    $10,000
    MINIMUM INVESTMENT
    Web
    PLATFORMS

Details

Operations

MAS Financial Advisers Licence no. 100066-1

Methodology

Globally diversified core investment portfolios that target the proven sources of returns at a low cost, executed through best-in-class global asset managers, such as PIMCO and Dimensional.

Read More about Endowus
Reviews (57)

4.8

57 Reviews

  • 5
    48
  • 4
    8
  • 3
    1
  • 2
    0
  • 1
    0

Read Review About...

onboarding experience

investment method

user experience

customer support

invest cpf

cpf srs

fund cpf

fee low

return rate

low cost

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  • Updated 5d ago

    Purchased

    Endowus

    [Investment Method] Having worked in two Singaporean digital wealth management companies, I'm proud to say that Endowus is one of the most ethical, effective and transparent digital wealth management service providers in Singapore. 0 sales charge, 100% trailer rebate get me confident about the independence of their investment advice. [Onboarding Experience] Very friendly customer support and smooth onboarding experience using MyInfo [Waiting Time] Transactions (orders) are executed around T+0 ~ T+1. However, it takes a little bit time to reflect the execution in the platform. It could be better if transaction settlement is reflected in UI on time.
    0 comments
    3
  • Updated 2w ago

    Purchased

    Endowus

    I started to move my core investment portfolio to Endowus' 60% stocks, 40% bonds globally diversified low-cost portfolio. I like that I can access PIMCO and Dimensional institutional share-class so conveniently and efficiently, and at such low cost. I do not put leverage on my Endowus portfolio. I do still do some trading of stocks and options on my own through Credit Suisse and JPM Private Bank.
    0 comments
    1
  • Updated 3w ago

    Purchased

    Endowus

    Easy to start with myinfo and i didn't know my cpf balance but they have it on there. i am impressed they were approved by cpf and can also see my cpf balance. is very helpful in processing and getting started. The customer service is execllent and so far so good but see how they do in choppy markets. hoping for good performance. i was told this is the only way i can invest passsive vanguard funds using my CPF. i also like that they tell me not to invest my SA - give me more confidence that they are thinking of my best interest. And only invest my OA into vanguard passive funds and other good funds that they selected for me. i compared with other ways to invest S&P500 for example and endowus definitely cheaper.
    1 comment
    1
    Yip
    Yip

    3w ago

    I don't think they "can see" everyond's cpf balances.... "they can see" coz you use myinfo I think...
  • Updated 3w ago

    Purchased

    Endowus

    The best way to invest CPF money. The only way to access passive Vanguard funds with CPF money, which is part of the advised stock portfolio.
    0 comments
    5
  • Updated 3w ago

    Purchased

    Endowus

    The sign-up process was very straightforward, especially being able to pre-fill the form with my Singpass login. And even though I didn't have most of the information at sign-up, there were prompts to remind me on the documents. The investment interface is really simple to use as well - a few simple manipulations and I could set my investment goals and invest funds from my CPF account. Overall a great user experience, and an extensive portfolio of funds for every risk profile.
    0 comments
    4
Questions (96)

Recent Activity

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Endowus

Gavin Tan
Gavin Tan
Level 4. Prodigy
Answered 11h ago
Personally this depends, looking at the current market conditions, I'd most probably invest in tranches. You can't predict the bottom so the best strategy is to buy at a price you are comfortable with ! I'd recommend setting target prices and when the stocks hit the target prices, just hit the buy button. You can checkout my website where I share investment articles and such ! https://sgstockmarketinvestor.com/
👍 0

Endowus

Stocks Discussion

ETF

Investments

Robo-Advisors

Hi Anon, Its ok, I do read through all questions tagged! :) There are individuals who do well stock picking and timing the market, but we think it is difficult to do it consistently, as it takes a lot of time, emotional management, and knowledge to do it well to have a chance. I think having a 7% returns based on a balanced, diversified, low cost portfolio held consistently is something that indivdual investors can get if they do DCA well, and over the long term returns. Hope that answers!
👍 0

Endowus

Robo-Advisors

Investments

ETF

Hi, We dont mean FX hedging for equities, but for bonds. It means that investors do not have to incur any FX transaction costs, as well as cross the FX bid-ask spread when they invest through us. As you can imagine, making an expensive FX transaction when you buy/sell a foreign currency denominated fund is somewhat like a sales/withdrawal charge respectively. If you are able to transact in a cost efficient manner for FX through a low cost discount brokerage, and are happy to hold on that position over longer periods of time, then the impact to returns will be marginally poorer. Else buying into low cost sgd funds is great! To clarify Sam was referring more about to the PIMCO bond funds, he didnt elaborate fully during the presentation. So to be fully clear, for the Dimensional Funds you have FX exposure , just that you dont have to do FX transaction/ bid-ask spread. Hope this helps!
👍 0

Investments

StashAway

Endowus

MoneyOwl

Smartly

Eliezer
Eliezer, Community Lead at Syfe
Level 5. Genius
Answered 21h ago
I can't comment on behalf of the other platforms you're using, but if you're considering Syfe, please know that the security of our clients' money is of utmost importance to us, and that we have stringent measures in place to prevent an event like what happened with Smartly. Syfe is licensed by the Monetary Authority of Singapore (MAS), and we hold a Capital Markets Services (CMS) License for retail fund management. As a CMS license holder, we have met all the requirements and standards set by MAS to prevent a bankruptcy event from happening, and to keep our clients’ funds and assets safe. This includes meeting the minimum capital requirement, as well as audits and compliance to ensure that Syfe has sufficient daily cash flow to meet all operational needs. Funds in your Syfe account are held in a Trust Account in DBS Bank while your investments are kept in a Custodian Account through Saxo Capital Markets. These are held separately from Syfe’s assets. This means that Syfe will never be able to use your funds and assets, even in the very unlikely event that Syfe stops operating. Finally, all clients are free to withdraw their money any time they wish. Syfe does not impose any exit penalties or lock-in periods, so clients are genuinely able to access their money any time. In the midst of the evolving COVID-19 situation, we have taken steps to ensure there will be no interruption in our services. We have also been seeing steady growth throughout this period as more and more new investors trust their money to us, and our existing clients stay on track with their investment plans. You can also read more about our performance during this period here: https://www.syfe.com/magazine/coronavirus-pandemic-how-syfe-builds-resilience-into-portfolios/
👍 1

Endowus

Investments

Stocks Discussion

Hi Anon, No worries, I frequent here a lot, so I wont miss your post! For equities exposures, we use SGD denominated funds rather than SGD hedged funds. Effectively the FX exposure is still in the foreign currency. So what happens is that the fund managers will take your monies in SGD, buy USD with it, and transact with Vanguard to purchase the unit trust in USD. The rates which Lionglobal is doing it at is at institutional FX rate with Vanguard. The good thing is that buyers and sellers of the SGD funds will can transact at the same price, without go through the bid-ask spread for currency. As you might know, we are doing our best to lower the total costs by rebating trailer fees so that the costs of unit trusts are lower - these funds need scale to lower costs as well, so currently it is hard for them to compete with ETFs has a larger AUM. For CPF, we are doing the best with whatever is available.
👍 0

Endowus

Robo-Advisors

Investments

ETF

Bid ask spread is an implied cost that is incurred by the buyer and seller for the ETF, not the underlying securities. The more iliquid the ETF, the wider the spread, the higher the cost to the buyer and seller. Let's say you have a bottle of wine. You think it is $14, but someone is only willing to pay $8. The both of you grudingly agree to transact at $12 eventually. The wider the spread, the greater the cost to both of you since you have to compromise more.
👍 0

Endowus

Robo-Advisors

Investments

ETF

Hi Woo, I am using the retail solution, even though I could have "advised myself" and gotten a tailored solution. Actually the bespoke funds are also largely chosen based on the same philosophy, Low cost, diversified, and run by reputable fund managers. Just that they may be denominated in a foreign currency, and the high networth clients may have a desire to adjust certain allocations based on their other investments and preferences, which is something we will discuss with them. The allocation is definitely not returns driven, or else we would have made it available to all.
👍 1

Endowus

CPF

Investments

Robo-Advisors

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.
👍 1

Endowus

Bonds

Hi Dirl, We choose to use PIMCO funds because they allow us to be diversified across credit, geographies and be invested in government bonds. The range of dimensional bond funds in SGD hedged is limited. We do not compare performance because we priortise exposure over returns, even though we do compare funds of the same exposure for long term performance when it has a long enough track record.
👍 1

Endowus

REITs

CPF IS

DBS

Stocks Discussion

HI! I am assuming you are referring to investing directly through a brokerage. The CPFIS SGX investable stocks can be found here. This is subjected to the 35% CPF investible in stock, compared to 100% for unit trusts, which is what Endowus offers. This is the first disadvantage, not being able to invest a bigger amount of your CPF. Another thing is the dividends portion- Reits give high dividend, the unit trusts Endowus uses are all accumulating share class (no dividends, pure capital gain). For CPF investing it really doesnt make sense to receive dividends 1. you cannot use the cash flow from dividends anyway 2. you will incur agent bank fees for reinvestment of dividends if you do it through a broker, and brokerage charges.
👍 0
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About EndowUs

EndowUs is a sophisticated, digital-first independent financial advisor with a focus on advancing the human experience of money. The partners set up EndowUs to institutional-quality financial products at the lowest cost possible to individual investors in order to help them secure their financial future.

The investment office is led by Sam Rhee, previously CEO and Chief Investment Officer at Morgan Stanley Investment Management.

Method Of Investing For EndowUs

EndowUs's proprietary institutional process enables every client to have a globally diversified core investment portfolio that is:

  • Personalised
  • Holistic
  • Multi-asset class

The company utilises funds from global fund managers, such as PIMCO and Dimensional, with real, long-term proven track records at a fraction of what the industry average costs.

Minimum Investment And Fees For EndowUs

The current minimum amount for investment is $10,000.

EndowUs also charges an all-in flat fee of 0.25% to 0.60%.