Transfer your fund holdings seamlessly and save up to 50% or more on Endowus HK

Endowus Fund Smart is a fund platform that boasts over 300 best-in-class funds. Through our Smart+ screening framework, the Endowus Investment Office handpicks and curates strategies managed by world-class asset managers and continuously monitors this investment funds list.

But here’s the thing that many investors often overlook: cost. While it may not be the most exciting aspect of investing, it plays a crucial role in your long-term returns. 

Save up to 50% or more on fees

Funds on Endowus Fund Smart are more cost-efficient than those on other platforms. This is achieved via these two methods:

1. The Endowus team has secured access to institutional share class on our funds. Wholesale prices were previously only available to institutional investors or ultra-high-net-worth individuals; 
2. We provide 100% Cashback on trailer fees on the retail share class of funds

The only fee you pay is an all-in-one Endowus Fee, with no added subscription fees, transaction fees, or any other hidden fees.

‍Lowering fees directly improves investment outcomes, especially over a longer horizon, and these fee savings have amounted to 50% or more of the fund-level fees in many instances. 

Case study: Fund fees on different platforms

Holding the same fund through Endowus is even cheaper than through some of the popular “zero-commission online brokers.”

And, here’s why: Like Endowus, these brokers do not charge upfront subscription fees. However, unlike Endowus, they typically offer the more expensive retail share class fund and collect trailer fees from fund houses. 

To illustrate this with data, below are the fees incurred for investments in the PIMCO GIS Income Fund (USD) across different platforms.

World-class fund managers at your fingertips

You may save hundreds to thousands of dollars, capitalising on our 100% Cashback on trailer fees from a large range of funds managed by over 50 top-tier fund managers like Allianz, AllianceBernstein, Blackrock, Franklin Templeton, JPMorgan Asset Management, PIMCO, and more. Check out our fund manager 

Best of all, the transfer-in request into Endowus is free of charge. And as there is no buying and selling of funds, you do not risk being out of the market. 

Transfer your holdings today with just a few steps

You can now seamlessly transfer your unit trust investments to Endowus with just a few steps:

1. Create an active Endowus Hong Kong account. If you would like to open an Endowus account, you can start here or simply download the Endowus mobile app through your App Store or Google Play Store.
2. Fill out the Unit Trust Transfer-In Form in a few simple steps, and upload the relevant documentation
3. Our client advisors will reach out to you to follow up on the transfer request.

How Endowus keeps your assets safe

Endowus is licensed in Hong Kong by the Securities & Futures Commission (CE No. BQR225). As required by the regulator, your money and assets must be held securely and separately from the Endowus company assets at every step of the way. This means that Endowus does not and cannot use clients’ money for our own use.

All your investments and transferred-in assets will be held at custodian accounts maintained by transfer agents of the individual fund houses (such as Fidelity, Invesco, and more). 

Your money and assets are protected from creditors in the unlikely event that Endowus goes into liquidation. In the unlikely event of a closure, Endowus will work with partner custodians, which hold clients’ money and assets, to ensure the orderly transfer of money and assets to other licensed financial institutions or the return of all money and assets to clients.

‍Read more: How your money and assets are kept safe and secured when investing through Endowus 

FAQs on fund holdings or unit trust transfer to Endowus

1. What is the minimum amount to transfer my fund holdings to Endowus? 

If the same share class of the fund is already available on the Endowus platform, the minimum amount to initiate the transfer would be HK$10,000.

‍2. The fund(s) or share class I want to transfer are not on the Endowus platform. Can you still facilitate the transfer?

Please reach out to support.hk@endowus.com and we will see if we can facilitate the transfer of your fund holdings. 

‍3. How long does the transfer process take?

The transfer process may take up to around 4 weeks to complete. (You will stay invested in the markets during this period.)

‍4. Any questions or need a little help?

Reach out to the Endowus team via:

• Email: support.hk@endowus.com
• WhatsApp: +852 3018 8978, or click here 
• ‍Call: +852 2319 467

Read more:

• How your money and assets are kept safe on Endowus 
• Introducing Endowus Fund Smart
• The pains of trailer fees when investing in Hong Kong

<divider><divider>

Risk Warnings

Investment involves risk. Past performance is not an indicator nor a guarantee of future performance or returns. Projected performance or returns is not guaranteed to materialise. The value of investments and the income from them can go down as well as up, and you may not get the full amount you invested. 

Rates of exchange may cause the value of investments to go up or down. Individual stock performance does not represent the return of a fund.

General risk warnings relating to collective investment schemes 

Before making an investment decision, you are reminded to refer to the relevant prospectus/ offering document for specific risk considerations and related fees and charges.

Funds are not a bank deposit and not capital guaranteed, and is subject to investment risks, including the possible loss of the principal amount invested.  

Some of the funds also involve derivatives. Do not invest in them unless you fully understand and are willing to assume the risks associated with them.

Opinions

Any forward-looking statements, prediction, projection or forecast on the economy, stock market, bond market or economic trends of the markets contained in this material are subject to market influences and contingent upon matters outside the control of Endowus HK Limited (“Endowus”) and therefore may not be realised in the future. Further, any opinion or estimate is made on a general basis and subject to change without notice. In presenting the information above, none of Endowus HK Limited, its affiliates, directors, employees, representatives or agents have given any consideration to, nor have made any investigation of the objective, financial situation or particular need of any user, reader, any specific person or group of persons. Therefore, no representation is made as to the completeness and adequacy of the information to make an informed decision. You should carefully consider (i) whether any investment views and products/ services are appropriate in view of your investment experience, objectives, financial resources and relevant circumstances. You may also wish to seek financial advice through a financial advisor or the Endowus platform and independent legal, accounting, regulatory or tax advice, as appropriate.

No invitation or solicitation

Nothing contained [in this article] should be construed as a solicitation, an offer to buy or sale, or recommendation, to acquire or dispose of any security, commodity, investment or to engage in any other transaction in any jurisdiction in which such solicitation, offer to buy or sale would be unlawful under the securities laws in such jurisdiction. No information included [on this website/ in this article] is to be construed as investment advice or as a recommendation or a representation about the suitability or appropriateness of any advisory product or service; or an offer to buy or sell, or the solicitation of an offer to buy or sell, any security, financial product, or instrument; or to participate in any particular trading strategy. Investors should seek independent financial and tax advice before making any investment decision.

Product Risk Rating: Please note that any product risk rating (the “PRR”) provided by us is an internal rating assigned based on our product risk assessment model, and is for your reference only. The PRR is subject to change from time to time. The PRR does not take into account your individual circumstances, objectives or needs and should not be regarded as advice or recommendation to purchase, hold or sell any fund or make any other investment decisions. Accordingly, you should not solely rely on the PRR in making your investment decision in the relevant Fund.

Complex Products

Some of the funds contained in this article are complex products and investors should exercise caution when investing in these products. Though these products have been authorised by the SFC, authorization does not imply official recommendation. SFC authorization is not a recommendation or endorsement of a product nor does it guarantee the commercial merits of a product or its performance.

This advertisement has not been reviewed by the Securities and Futures Commission or any regulatory authority in Hong Kong.