The Endowus Fee structure below only applies to Private Markets & Hedge Fund investments (available only to Accredited Investors).
Private Markets & Hedge Funds Endowus Fee Schedule
The pricing schedule above excludes Quantedge Global Fund, as the fees for this fund are directly offset against the Cashback received from the Fund Manager.
When will I be charged the Private Markets & Hedge Funds Endowus Fee?
The Private Markets & Hedge Funds Endowus Fee will be charged every quarter.
You will also receive an email with an estimated total Private Markets & Hedge Funds Endowus Fee to be charged for the quarter, closer to each fee debit date.
After determining your Endowus Fee for the quarter based on the assets under advice that you hold, the Fee will be subject to a 9% GST charge.
For USD Cash investments, kindly note that the Fee will be charged in the following order:
- If you have available USD cash balance in your Endowus account, we will use it to pay for the Endowus Fee. You may deposit USD by:
- Web: Click here, or Log in on a web browser > Invest | Redeem | Transfer > Deposit Cash > Select "USD"
- Mobile: Log in to the Endowus mobile app > Transfers > Deposit Cash > Select "USD"
- With effect from 1 June 2025, should there be insufficient cash in your USD cash balance to pay the Private Markets & Hedge Funds Endowus Fee, we will initiate a daily sweep of your SGD and USD cash balances to cover the outstanding Fee in USD. This process will begin the day after the fee charge date.
- If the combined available amounts in your SGD and USD cash balances are sufficient to cover the Fee, we will automatically convert the required amount of SGD to USD at HSBC's prevailing exchange rate before collecting the full fee amount. Please note that Endowus does not earn any spread on this currency conversion.
- If you prefer not to use your SGD cash balance to cover the Fee, please ensure that there are sufficient funds in your USD cash balance to cover the Fee.