Fees are computed differently for Cash, SRS and CPF portfolios. If you have more than 1 type of portfolio (ie. both cash and CPF Portfolios), the fees will be computed separately. Please see below for details.
Cash Portfolios
(1) Access Fee: paid to Endowus for investment advice, portfolio creation and rebalancing, brokerage, and transfers via FAST.
Access Fee per annum based on assets under advice (AUA):
0.60% S$200,000 and below
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
(2) Fund-Level Fee (fund total expense ratio): charged by the fund manager out of the underlying fund Net Asset Value (NAV).
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SRS 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.
(2) Fund-Level Fee (fund total expense ratio): charged by the fund manager out of the underlying fund Net Asset Value (NAV).
(3) Agent Bank Charges: These are charges levied by your respective Agent Banks (DBS, UOB, OCBC).
*Please note that agent bank charges are GST applicable
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CPF 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.
(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)
*Please note that agent bank charges are GST applicable
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Cash Smart 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): 0.05% flat fee for any amount.