Last Update: 20th September 2022
Endowus is a robo-advisor that allows you to invest in globally diversified portfolios by cash as well as both your CPF Ordinary Account and SRS (Supplementary Retirement Scheme) savings at a low cost.
When you open an Endowus account, you’ll also get a UOB Kay Hian trust account that will contain all your assets, as well as process your Endowus transactions. UOB Kay Hian is one of the largest brokerages in the region, which offers potential new investors some peace of mind. Learn more: What is Endowus' relationship with UOB Kay Hian?
The minimum initial investment amount is $1,000 SGD, and you need to be prepared to maintain that amount in your account. This $1,000 can be derived from a few fund sources — for instance, you can take both cash and funds from your CPF Ordinary Account to meet this amount.
According to Endowus , putting your CPF monies in their investment portfolio will give you 3% to 17% annual returns based on historical data, which is much more than the 2.5% rate from CPF OA.
A per annum fee (inclusive of GST) 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% Cashback on trailer fees.
Funds investable with Cash and SRS:
Funds investable with CPF-OA:
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