What is the Endowus Access Fee? How is the Endowus Access Fee calculated and paid for?

To learn more about our fees:

How is the Endowus Access Fee calculated?

How is the Endowus Access Fee paid for?

When will the Endowus Access Fee be deducted from my account?

Where do I find the total fees paid to Endowus in respect of my account?

What is the Endowus Access Fee?

The Access Fee to Endowus 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 Access 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.

How is the Endowus Access Fee calculated?

The Endowus Access 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.

How is the Endowus Access Fee paid for?

CPF/SRS are charged in the following order:

If you have available access fee credits, we will first deduct the fee amount from your access fee credits.
For the remaining payable access fees, we will charge the fees by redeeming from your investment holdings.

Cash investments fees are charged in the following order:

If you have available access fee credits, we will first deduct the fee amount from your access fee credits.
If you have an available cash balance in your Endowus account, we will use it to pay for the Access Fee.
For the remaining payable access fees, we will charge the fees by redeeming from your investment holdings.

If you have access fee credits (check your Rewards page), we will first deduct the fees from your available access fee credits. If you have more than one funding source in your Endowus account, the access fee credits will apply to your investments in the following order: CPF-OA > SRS > Cash.

When will the Endowus Access Fee be deducted from my account?

The Endowus Access Fees are usually charged within 10 business days after the end of each calendar quarter.