Fund Smart is the most competitive way to access funds (unit trusts). Whenever possible, we offer the institutional share class funds, which is the lowest fee share class with no trailer fees (commissions paid by fund managers to distributors) embedded. The institutional share classes of funds have traditionally only been available to institutional investors like insurance or pension funds, or ultra-high networth investors. If the institutional share class funds are not available, we offer the retail share classes and give our clients 100% Cashback on trailer fees.
Endowus charges an all-in Endowus Fee every quarter, and there are no additional upfront sales charges or brokerage/transaction/custodian fees.
What is the Endowus Fees for Fund Smart?
Goal Type: Short-term cash management
Single Fund / Multi-Fund: All cash management portfolios are at 0.05% p.a., regardless of funding source or number of funds in the portfolio.
Goal Type: Mid to long-term investing
Single Fund: 0.30% p.a, regardless of funding source
CPF-OA/SRS: 0.40% p.a
Cash: 0.25% - 0.60% p.a
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
For investments in foreign currencies, the investment value of your portfolio will be translated into SGD using the daily board rate to determine the tier you are eligible for.
If I create multiple Single Fund goals, how much Endowus Access Fees do I pay?
If you have multiple Mid to long-term investing goals and there is a single fund in each goal, you will pay an Endowus Fee of 0.30% p.a for each goal. There is no limit to the number of Fund Smart goals in an Endowus account.
All Short-Term Cash Management goals have an Endowus Fee of 0.05% p.a, regardless of the number of funds in the portfolio.