Webinar: Supercharging beyond 1M65 — Introducing the lowest-cost CPFIS funds from Amundi

Watch the webinar replay

Chapters

00:00 – Introduction

04:40 – Investing in individual stocks and property vs investing in funds

10:01 – Low-cost passive index funds for investing in the S&P 500 and other indices

15:55 – Amundi Prime USA Fund: 0.05% total expense ratio, CPF investing

16:45 – BlackRock iShares US Index Fund: tracks S&P 500

18:01 – US index funds: Amundi vs Lion Global vs iShares

20:21 – No US dividend-withholding tax with the BlackRock iShares fund

22:50 – What is synthetic replication?

23:54 – Investing CPF with the Amundi funds

24:53 – Passive vs active investing

26:10 – Why fees matter, and hidden sales commissions at other platforms

27:47 – How to switch to the new funds on Endowus Fund Smart

36:01 – About the Dimensional funds and Factor Portfolios

39:31 – No estate tax and no FX costs with unit trusts on Endowus

49:55 – Flagship Portfolios: recommended changes to add the new funds

54:24 – What’s your view on the macroeconomic and US dollar outlook?

59:09 – Income funds and portfolios available on Endowus

1:03:20 – Accumulation vs distribution funds

1:13:02 – Investing in a volatile, uncertain environment

1:25:30 – What’s your main investment portfolio?

Questions from the live audience have been answered on Slido — view them here.

About the session

Endowus, the first and leading digital advisor for CPF, is thrilled to introduce the two lowest-cost funds on the CPF Investment Scheme (CPFIS) — the Amundi Prime USA Fund and the Amundi Index MSCI World Fund.

Now available exclusively on the Endowus Fund Smart platform, these two funds are more affordable than all Singapore-listed ETFs and most UCITS ETFs.

The latest funds represent our commitment to bring the lowest-cost options to CPF members, with Endowus today managing more than $1 billion in CPF & SRS savings. 

To share more about the two Amundi funds and to celebrate this latest milestone, we’ve invited special guest Loo Cheng Chuan, founder of the 1M65 movement, to speak with Samuel Rhee, Chairman and Chief Investment Officer of Endowus.

Come join us at this specially curated session as we discuss:

1. Supercharging your 1M65 goals with the latest Amundi low-cost funds for CPFIS
2. How unit trusts from Endowus have beaten numerous ETFs on costs
3. How Endowus has unlocked a “secret” way to better track S&P 500 components 
4. The differences between Amundi and Lion Global offerings

Read more:

• Introducing BlackRock's lowest-cost iShares passive index funds for Singapore retail investors
• Amundi low-cost passive index funds now available for CPF investing

We are always here to help. Please reach out to support@endowus.com if you have further questions.

About the speakers

Samuel Rhee, Chairman and Chief Investment Officer, Endowus 

Samuel Rhee is Chairman and Chief Investment Officer of Endowus, Asia’s leading digital wealth platform. He is the former CEO and CIO of Morgan Stanley Investment Management in Asia, with three decades of institutional investing experience in Singapore, Hong Kong, and London.

Today, Sam heads the Endowus Group Investment Office and ensures every client has greater access to holistic portfolios that are thoughtfully designed to meet their specific wealth goals. He is  responsible for the company’s asset allocation and investment selection across all offerings, with a vision to provide individual investors with the same knowledge, resources, and products traditionally only made available to institutional investors, at a low, fair fee. 

Against this backdrop, Sam passionately advocates for greater financial literacy, time-tested and evidence-based advice, lower costs, the industry elimination of hidden fees, and a corporate culture that puts the client’s needs first. Endowus solves the biggest problems of wealth and investing, and retirement adequacy, leading the firm to become the first and largest digital advisor for CPF investing in Singapore. 

Loo Cheng Chuan

Loo Cheng Chuan founded the 1M65 Movement, where he has developed a financial strategy to get S$1 Million in your CPF by 65 years old. Loo wants to help Singaporeans grow their CPF and become millionaires by the time they retire. In 2018, Loo and his wife crossed the S$1 million mark in their CPF savings account at 45 years old, proving many 1M65 sceptics wrong. Loo and his 1M65 strategy have been featured in mainstream news and online media.

Through public speaking events and publishing content on the 1M65 Movement, Loo hopes to help Singaporeans become financially independent. He was one of the few non-civil servants to be awarded the Public Sector Transformation award in 2018 for his 1M65 efforts.

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