Investing CPF savings: Low-cost portfolios are now within easy reach

The Business Times explains why Endowus is the platform of choice for CPFIS, solving the limitations of LRIS. As the first digital adviser for the CPFIS, Endowus has blazed a trail in Singapore by returning all retrocession fees to clients. This fee-only model has allowed the firm to successfully onboard Amundi low-cost index funds, which lowers the cost of investing and significantly improves investors’ returns over time. Samuel Rhee, Chairman and CIO of Endowus, highlights that the firm’s commitment to making institutional share class funds available on the CPFIS has allowed the business to scale, with a clear path to profitability.