How much in fees do I have to pay to invest my CPF?

CPF Ordinary Account (OA) Portfolios
(1) Access Fee:
paid to Endowus for investment advice, portfolio creation and rebalancing, brokerage, and transfers. 

Access Fee per annum based on assets under advice (AUA): 0.40% flat fee for any amount. 
* Please note that Access Fee for CPF portfolios will be deducted directly from existing CPF investment portfolios. 

(2) Fund-Level Fee (fund total expense ratio): charged by the fund manager out of the underlying fund Net Asset Value (NAV).
* Please note that Endowus will rebate 100% of trailer fees back to you. Read more about trailer fees here.

(3) Agent Bank Charges: These are charges levied by the Agent Bank of your CPF Investment Account (DBS, UOB, OCBC)

  • Transactions (buy or sell): S$2 - $2.50 per transaction on a portfolio basis. No transaction fee will be charged for switching/rebalancing of portfolio 
  • Service charge: S$2-2.50 on a portfolio basis per quarter
  • Rejected trades: $5 to process each unsuccessful transaction (i.e. due to insufficient funds)

* Please note that Agent Bank charges are GST applicable, and subject to change by the respective Agent Banks.