New clients that do not have an Endowus account

1) Simply create your Endowus account,
2) Select to onboard with Myinfo (recommended) or manually

3) Scroll down and select "Fund Smart", and follow the instructions.

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Existing clients of Endowus

1) Simply log in to your Endowus account,

2) Select "Add goal"

3) Scroll down and select "Fund Smart", and follow the instructions.

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Fund Smart is a curated list of best-in-class funds at the lowest cost possible across asset classes, geographies and sectors selected by the Investment Office team, who has conducted due diligence on thousands of funds.

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When you build your portfolio on Fund Smart, you should consider more strategically about what geographies, sectors, themes or asset classes you want to have additional exposure to better complement and diversify your existing investments, or meet your specific needs.

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We believe that our Advised Portfolios should form the core of your investment portfolio for the long-term, and you should use Fund Smart as a way to complement your existing core investments via our Advised Portfolios.

Fund Smart is the most competitive way to access funds because we offer institutional share class of funds, which is the lowest fee share class with no trailer fees embedded. If the institutional share class funds are not available, we offer the retail share classes and rebate all trailer fees received by the fund manager to our clients. We charge an all-in Endowus Fee, and there are no additional upfront sales charges or brokerage/transaction/custodian fees.

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The institutional share classes of funds have traditionally only been available to institutional investors like insurance or pension funds, or ultra-high net worth investors, but are available to everyone via Endowus.

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Endowus Fee per annum for Fund Smart

Short-term cash management goals

Single or multi-fund portfolio goals:

0.15%* for all cash management portfolios are regardless of funding source or number of funds in the portfolio

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All other investment goals (mid to long-term investment goals)

Single fund portfolio goals:

0.30% regardless of funding source

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Multi-fund portfolio goals:
0.40% for CPF/SRS

0.25% to 0.60% for Cash‍

• ‍0.60%   S$200,000 and below
• 0.50%   S$200,001 to S$1,000,000
• 0.35%   S$1,000,001 to S$5,000,000
• 0.25%   S$5,000,001 and above

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If I create multiple single fund goals, how much do I pay in Endowus Fee?

All single fund goals for mid to long-term investment will have an Endowus Fee of 0.30% p.a for each portfolio, regardless of the investment value of the goal.

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All short-term cash management portfolios will have an Endowus Fee of 0.05% p.a*, regardless of the number of funds in or investment value of the goal.

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‍Note that Fund-Level Fees (fund total expense ratio) are charged by the fund manager out of the underlying fund Net Asset Value (NAV).

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*This fee will be adjusted from 0.05% to 0.15% p.a., which will take effect from 1 May 2024.

It is more transparent, and in most cases much lower cost, to invest and grow your wealth with Endowus than it would be to replicate your portfolio and similar services at a private bank, online "low cost, no fee" platform, or retail bank.

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Endowus rebates 100% of trailer fees, and gives access to the institutional share class of funds, which typically are half the cost of a retail share class of the same fund. 

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For example, when you buy the PIMCO GIS Income Fund SGD-Hedged at a private bank or broker, you may be sold the retail share class, which has a total expense ratio of 1.45%, plus upfront sales chargeFor example, when you buy the PIMCO GIS Income Fund SGD-Hedged at a private bank or broker, you may be sold the retail share class, which has a total expense ratio of 1.45%, plus upfront sales charges  (typically 1-5%), custodian fees (typically 0.20% to 0.50% per year) and advisory/wrap fees. This means that you may have a total cost of ownership in the first year of over 3%.

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With Endowus, we access the institutional share class of the same fund, which has a total expense ratio of 0.55%, no sales fees, no transaction fees, and the Endowus Fee of 0.30% per annum. This means you have a total cost of ownership of 0.85% per annum.

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See below for an illustration of fees incurred across different platforms:

Based on Endowus Research, data as of April 2024. This comparison is made between the institutional share class (IE00BMB3HX34) offered on Endowus, versus the retail share class (IE00B9HH6X13) offered on other platform(s). Our reference point for “zero fee” platforms are those that take embedded trailer fees and platform fees.

Absolutely. Email us at institutional@endowus.com to find out more. Endowus solutions are also available in major global currencies (USD, EUR, GBP, and more).

Absolutely. Please schedule a call with the below link. We look forward to speaking with you.

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Schedule a call with an MAS-licensed Endowus investment advisor