The Endowus Fee is an all-in fee that Endowus charges you for all of our services i.e. investment advice, portfolio creation and rebalancing, brokerage, and transfers. The Endowus Fee is inclusive of GST (i.e. GST is not charged separately).
There are no additional fees for SGD withdrawals from your Endowus account to local Singapore banks made via FAST (click here to see the full list of FAST participating banks). If you transfer SGD funds from your Endowus account to an overseas bank account, you will incur overseas remittance charges of approximately 0.125% (minimum of S$10, maximum of S$120) and cable/agent charges.
The Endowus Fee is charged on a quarterly basis. For every calendar quarter (i.e. Jan - March), we will calculate the daily average investment value of your investment goal and charge a percentage as fees (depending on your goal type). Note that you will only be charged fees for the days in the quarter that you are invested. Please refer to here for more information about the fees for each goal type.
CPF/SRS investment fees are charged in the following order:
SGD Cash investments fees are charged in the following order:
Foreign currency Cash investments fees are charged in the following order:
(note: Endowus Fee credits, which are in SGD, cannot be used to offset Endowus Fee in foreign currency portfolios)
The Endowus Fee is usually charged within 10 business days after the end of each calendar quarter.
Do note that for individual investment account types, they might be charged on different days, you would be able to check on the status(es) of the Endowus Fee charges on your Activity & Balances page.
Log in to your Endowus account > Go to Activity.