Experience Endowus for free – for the rest of 2021! 🎉

Limited time only. Sign up using this link to enjoy 100% off access fees till 31 Dec 2021.  

All-In Access Fee

A per annum fee based on the value of assets you hold with Endowus, also known as Assets Under Advice (AUA).
Grow all your money with 0% sales charges and 100% trailer fee rebates.

General Investing

Advised portfolios for mid to long-term goals

CPF, SRS

0.40%

Cash

0.25% to 0.60%

Fund Smart

Buy funds or build your own portfolios

Single Fund

Cash, CPF, SRS

0.30%

Multi-Fund Portfolio

Same as General Investing

Short-Term Cash Management Portfolio

Same as Cash Smart

  • No lock ups or penalties
  • Includes brokerage & transfers
  • Institutional share-class access
  • Personalised portfolios for your goals
  • Automated portfolio rebalancing
  • Automated regular savings plan (RSP)
ACCESS FEE PER YEAR
BASED ON ASSETS UNDER ADVICE (AUA), INCLUSIVE OF GST.
EXCLUDES NET FUND-LEVEL FEES FROM 0.10%
VIEW FAQS on FEES
0.40%flat fee for any amount
Tiered. Not stacked
0.60%Up to S$200,000
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
0.05%flat fee for any amount

Includes

  • Account creation
  • Holistic advice
  • Portfolio creation
  • Intelligent rebalancing
  • Brokerage

Our promise

  • 100% trailer fee rebates
  • No sales charges
  • No distribution commissions
  • No transaction fees
  • No hidden charges

FAQ

How are Endowus Access Fees calculated?

Endowus Access Fees are charged on a quarterly basis based on your daily average total assets under advice (AUA) for the period of the fee, depending on your portfolio type (CPF, SRS, Cash, Cash Smart, Fund Smart - Single Fund).

How are Endowus Access Fees charged?

Cash investments:
If  you have an available cash balance in your UOB Kay Hian trust account, we will use it to pay for the Endowus Access Fee. Any remaining payable Access Fee after deducting from your cash balance will be redeemed from your investment holdings, so that your Access Fee can be paid seamlessly.

 

SRS/CPF investments:
Endowus Access Fee will be deducted directly by redeeming from your investment holdings, so that your Access Fee can be paid seamlessly.

What are Fund-Level Fees charged by the Fund Managers?

Fund-Level Fee, or the Total Expense Ratio (TER)

This is charged by the fund manager (i.e. Dimensional, PIMCO, etc.) for their services in managing and investing the funds your purchase. This Fee is embedded into the Fund’s daily Net Asset Value (NAV) or price.

For example, if a Fund’s NAV (price) is $20, this has already taken into account the Fund-Level Fee, or ongoing costs of operating the Fund. Performance figures of the Funds are already net of the Fund-Level Fees. 

The Fund-Level Fee (TER) may include investment management fees, trustee fees, and audit fees. We refer to the Fund-Level Fee that is all-inclusive total fees charged, rather than the Management Fee which is only a part of the TER, and often quoted by other platforms.

100% trailer fee rebates with Endowus

If there are trailer fees paid by the fund managers to Endowus, we will rebate 100% of the trailer fees to you as and when we receive it. For cash investments, we will transfer the trailer fee directly to your UOB Kay Hian trust account. For CPF or SRS investments, we will transfer the trailer fee directly to your CPF Investment Account or SRS account with your Agent Bank.

How does Endowus keep Fund-Level Fees low?

At Endowus we strive to bring this fee down as low as possible by working with fund managers by accessing their lower fee share-classes (institutional share-class) and introducing an industry-first practice of rebating 100% of trailer fees to lower the net fees for our clients.


View more FAQs

One simple all-in Access Fee

ACCESS FEE PER YEAR
BASED ON ASSETS UNDER ADVICE (AUA), INCLUSIVE OF GST.
EXCLUDES NET FUND-LEVEL FEES FROM 0.10%
VIEW FAQS on FEES
0.40%flat fee for any amount
Tiered. Not stacked
For example, if you had an investment value of $200,001, you would pay 0.50% in Access Fee for that entire amount. Not 0.60% on the first S$200,000 and 0.50% on $1.
0.60%Up to S$200,000
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
0.05%flat fee for any amount

Includes

  • Account creation
  • Holistic advice
  • Portfolio creation
  • Intelligent rebalancing
  • Brokerage

Our promise

  • 100% trailer fee rebates
  • No sales charges
  • No distribution commissions
  • No transaction fees
  • No hidden charges

Fees are important to your returns
- keep them low.

When you look at the math, a difference of just 1% in fees is equivalent to over

240% of lost returns after 30 years.

Endowus fees are 1/3 of the industry average.
So you keep much, much more of your returns.

The effect of fees, illustrated

Move the sliders to see the effect of costs on returns, and how your wealth can grow over time

An evil worth fighting: trailer fees

The industry is incentivised to work against us

Many financial advisers, brokers, private banks, and platforms are paid by product providers, such as asset managers, to sell you their products. For example, if you pay 2% in management fee for a fund, it is likely that over 50% of that fee is being given to the person or firm that sold you the product to begin with, in the form of a trailer fee. This is on top of a sales charge that they are entitled to. As a salesperson, you would be incentivised to sell products that have higher trailer fees and can command higher sales charges.

We think this is wrong

It creates misaligned incentives to sell higher cost products, and churn your positions in order to collect sales charges. Our preference is to never collect a trailer fee.

So we fixed the issue, rebating what we do not deserve

In the case that there is a trailer fee from an asset manager, we will rebate 100% to you. This means you keep more of the returns you deserve, and we remain independent to recommend the products that best suit you.