Name: Endowus
Brand: Endowus
Price: 1000 SGD
Availability: InStock
Rating: 4.3 (1 reviews)

Overview

Endowus is an MAS-licensed digital wealth platform (CMS 101051) and Singapore's only robo-advisor that lets you invest your CPF Ordinary Account through the CPF Investment Scheme. The platform gives retail investors access to 400+ institutional share class funds from managers like Vanguard, PIMCO, and Dimensional, with an industry-first 100% trailer fee cashback returning all fund commissions to clients. Fees start at 0.15% annually for Cash Smart and scale to 0.60% for smaller cash portfolios. With over S$8 billion in client assets custodised at UOB Kay Hian, Endowus suits long-term investors building retirement wealth across CPF, SRS, and cash accounts.

Pros

↑Only robo-advisor enabling CPF-OA investment in Singapore through the official CPF Investment Scheme
↑100% trailer fee cashback returns all fund commissions to clients, lowering effective costs by 0.08-0.13% annually
↑Access to institutional share class funds from 70+ managers, typically reserved for high-net-worth investors

Cons

↓Higher minimum investment of S$1,000 for cash accounts compared to other robo-advisors with no minimum
↓No direct stock or individual security trading available
↓Fund-based withdrawals take 2-5 business days, slower than direct stock platforms

Key Highlights

Welcome Offer
$20 fee credit for new users
S$20 off Endowus Fee for new users via referral
Minimum investment of S$1,000 required
Must stay invested for 90 days minimum
Equivalent to S$10,000 managed free for 6 months
No time limit on referral credit

Trading Costs
0.15% to 0.60% annual fee
Cash Smart: 0.15% p.a. flat
Cash investment (under S$200k): 0.60% p.a.
Cash investment (S$200k-S$1M): 0.50% p.a.
Cash investment (S$1M-S$5M): 0.35% p.a.
Cash investment (above S$5M): 0.25% p.a.
CPF/SRS advised portfolios: 0.40% p.a. flat
Fund Smart single fund: 0.30% p.a.
Plus 9% GST on all fees

Assets & Markets
400+ funds from 70+ managers
Access to top global fund managers
BlackRock, Vanguard, PIMCO, Dimensional, Fidelity
Institutional share classes with lower fees
ESG and sustainable investing options
Private markets and alternatives for accredited investors
Fund Smart lets you pick individual funds

Why Choose?
100% trailer fee cashback
First platform in Asia to return 100% of trailer fees
Trailer fees typically 0.08% to 0.13% per year
Automatically credited to reduce overall costs
Cash rebates go to UOB Kay Hian trust account
CPF/SRS rebates go directly to your CPF/SRS account

Regulation & Safety
MAS licensed CMS 101051
Regulated by Monetary Authority of Singapore
Capital Markets Services License holder (CMS 101051)
Exempt Financial Adviser under FA Act
Client funds segregated at UOB Kay Hian
Assets held in your own legal name
UEN: 201708816N

Account Minimum
S$1,000 minimum (cash)
Minimum initial investment of S$1,000 for cash accounts
No minimum for CPF and SRS investments
No account maintenance fees
No sales charges or transaction fees
Free portfolio rebalancing included
Sign up via Singpass in under 5 minutes

Key Benefits

Trading Costs

★4.6

▼

Tiered fee structure from 0.15% to 0.60% per year depending on portfolio type
100% trailer fee cashback returned to clients automatically
No sales charges or transaction fees on investments
No account maintenance or inactivity fees
SGD withdrawals free via FAST to local banks
Institutional share class access lowers total fund-level costs

Platform And Tools

★4.4

▼

Clean mobile and web platforms for all devices
Goal-based portfolio construction tools
Fund Smart for custom portfolio building from 400+ funds
Cash Smart money market fund access
Endowus Core for long-term wealth building
Income portfolios for yield-focused investors
Straightforward interface suitable for beginners

Research And Analysis

★4.2

▼

Expert fund selection and portfolio construction by in-house team
Regular market insights and investment commentary
Educational webinars and wealth summit events
CPF investment strategy guidance
Retirement planning tools and calculators
ESG and sustainable investing research

Mobile Trading

★4.5

▼

Full-featured iOS and Android mobile apps
Complete portfolio management on mobile
Real-time portfolio valuations and performance
Easy deposits and withdrawals via mobile
Push notifications for important updates
Singpass integration for quick onboarding

Account Features

★4.7

▼

Unique CPF Ordinary Account investment capability
SRS tax-advantaged retirement investing
Cash investment across six currencies (SGD, USD, AUD, CHF, EUR, GBP)
Goal-based account structure for multiple objectives
Joint account options available
Accredited investor options for private markets
Automatic portfolio rebalancing included

Security And Trust

★4.6

▼

MAS regulated with Capital Markets Services License 101051
Client assets segregated at UOB Kay Hian
Funds held in client's own legal name, not Endowus
Over S$8 billion in client assets managed
Regular regulatory audits and compliance
No lending or leverage of client assets

Customer Support

★4.3

▼

Email and in-app support channels available
Client advisors available for consultation
Detailed FAQ and help center
Business hours support primarily
English and Chinese language support
Responsive to queries within 24-48 hours

Educational Resources

★4.1

▼

Regular investment webinars and seminars
Wealth Summit annual conference events
Blog with market insights and strategies
CPF and SRS investment guides
Retirement planning educational content
Goal-setting and portfolio allocation guides

Available Tools

Trading Tools

▼

Paper Trading	×
Margin Trading	×
Zero Commission	✓
Fractional Shares	×
After Hours Trading	×

Automation

▼

Dca	✓
Algo Trading	×
Grid Trading	×
Trading Bots	×
Robo Advisory	✓
Sentiment Analysis	×
Social Copy Trading	×
Ai Trading Assistant	×

Portfolio Tools

▼

Tax Harvesting	×
Islamic Account	×
Auto Rebalancing	✓
Dividend Tracker	×
Economic Calendar	×

Detailed Information

Commission Tiers	Cash Smart: 0.15% p.a. flat rate Cash investment (under S$200k): 0.60% p.a. Cash investment (S$200k to S$1M): 0.50% p.a. Cash investment (S$1M to S$5M): 0.35% p.a. Cash investment (above S$5M): 0.25% p.a. CPF advised portfolios: 0.40% p.a. flat SRS advised portfolios: 0.40% p.a. flat Fund Smart single fund (Cash/CPF/SRS): 0.30% p.a. Alternatives (under USD$0.5M): 0.60% p.a. Alternatives (above USD$5M): 0.40% p.a.
Trading Fees	No sales charges on fund purchases No transaction fees for portfolio trades No switching or rebalancing fees Endowus Fee charged quarterly based on daily average AUA All fees subject to 9% GST
Non Trading Fees	No account maintenance fees No inactivity fees No custodian fees passed to clients CPF agent bank charges: S$2-S$2.50 per transaction CPF service charge: S$2-S$2.50 per quarter
Deposit Fee	0
Withdrawal Fee	Free for SGD via FAST to local banks Overseas remittance: 0.125% (min S$10, max S$120) Fund transfer out: S$100 per fund if within 6 months
Currency Conversion Fee	No spread charged by Endowus on conversions HSBC prevailing exchange rates applied Automatic conversion available if needed
Vip Fee Tiers	No formal VIP program Same transparent fees for all clients Tiered pricing based on total assets Accredited investors access private markets

Maximum Leverage	Not applicable. No leverage offered.
Negative Balance Protection	Not applicable (no leverage)
Settlement Period	T+2 to T+3 for fund transactions Orders processed same day if before cut-off time
Order Execution Quality	NAV-based pricing for all fund trades Orders processed same day if before cut-off No slippage on fund unit purchases Professional fund platform execution

Stocks Count	0
Crypto Count	0
Forex Pairs Count	0
Product Universe Overview	Access to 400+ institutional-grade funds Unit trusts from 70+ leading fund managers Money market funds for cash management Bond funds across maturities and credit qualities ESG and sustainable investment options Private markets and hedge funds for accredited investors
Geographic Market Coverage	Global diversified portfolios US, Europe, Asia-Pacific exposure Developed and emerging markets access Regional and country-specific funds Worldwide fixed income markets
Major Markets Details	S&P 500 and US total market exposure MSCI World and All Country World Index Asia-Pacific including Japan and China European developed markets Singapore equity exposure
Emerging Markets Details	Emerging markets equity funds available China, India, Southeast Asia focus options Emerging market bond funds Frontier markets access through select funds
Base Currencies Supported	SGD, USD, AUD, CHF, EUR, GBP

Trading Platforms Overview	Digital wealth platform for web and mobile Mobile-first design philosophy Cross-device portfolio management Modern, clean interface
Desktop Platform	Full-featured web platform Portfolio dashboard and analytics Goal tracking and management Fund selection and research tools Transaction history and statements No software download required
Mobile App	Native iOS and Android apps Complete portfolio management Singpass onboarding integration Biometric authentication support Push notifications for updates In-app customer support
Web Platform	Browser-based access from any device Responsive design for all screen sizes Secure HTTPS encryption Regular security updates
Trading Tools And Features	Goal-based planning tools Risk profiling questionnaire Portfolio recommendation engine Fund comparison capabilities Performance tracking and reporting Automated rebalancing Recurring investment setup
Charting And Technical Analysis	Portfolio performance charts Asset allocation visualisations Historical returns analysis Benchmark comparison tools Goal progress tracking graphs
Risk Management Tools	Risk-appropriate portfolio construction Diversification across asset classes Regular rebalancing to target allocations Volatility management through fund selection
Order Types Available	One-time lump sum investments Recurring monthly investments Portfolio rebalancing orders Fund switching within portfolios
Integrations And Api Access	CPF agent bank integration (DBS, UOB, OCBC) Singpass for identity verification UOB Kay Hian custody integration No public API access currently
Third Party Platforms	Singpass
Api Rate Limits	Not available
Algo Trading Support	Not supported

Customer Support Overview	Client advisors available for consultation Email and in-app support channels Online help center with FAQs Business hours primarily Responsive within 24-48 hours
Phone Support Hours	Not specified publicly
Live Chat Availability	In-app messaging available
Email Response Time	Within 24-48 hours Email: [email protected]
Languages Supported	English, Chinese
Local Office Presence	Singapore headquarters Hong Kong office
Account Manager	Available for larger portfolios and private wealth clients
Educational Resources Overview	Investment education blog (Insights) Regular webinars and seminars Annual Wealth Summit conference CPF and SRS strategy guides Goal-based planning resources Market insights and commentary
Beginner Resources	Getting started guides Investment basics explained CPF investment introduction Risk profiling education
Webinars And Tutorials	Regular investment webinars Market outlook sessions CPF and SRS optimisation talks
Market Analysis And Research	Regular market commentary Investment strategy insights Economic analysis
Demo Account Details	Not available
Trading Courses	Educational content available Wealth management education focus Investing 101 resources
Tax Reporting Help	Annual tax statements provided SRS withdrawal guidance CPF investment documentation

Regulation Overview	Licensed by Monetary Authority of Singapore Capital Markets Services License holder (CMS 101051) Exempt Financial Adviser under FA Act Company registration: 201708816N Regular MAS compliance audits
Primary Regulator	Monetary Authority of Singapore (MAS)
License Number	CMS License 101051 Endowus Singapore Pte. Ltd. UEN: 201708816N
Investor Protection Scheme	Client assets segregated at UOB Kay Hian Funds held in client's own legal name No commingling with Endowus assets No lending or leverage of client funds Regular third-party audits Assets protected even if Endowus ceases operations
Security Features	Two-factor authentication via Singpass Bank-level encryption for all data Secure HTTPS connections Regular security audits Biometric app authentication Fraud monitoring systems

Commission Tiers

Cash Smart: 0.15% p.a. flat rate
Cash investment (under S$200k): 0.60% p.a.
Cash investment (S$200k to S$1M): 0.50% p.a.
Cash investment (S$1M to S$5M): 0.35% p.a.
Cash investment (above S$5M): 0.25% p.a.
CPF advised portfolios: 0.40% p.a. flat
SRS advised portfolios: 0.40% p.a. flat
Fund Smart single fund (Cash/CPF/SRS): 0.30% p.a.
Alternatives (under USD$0.5M): 0.60% p.a.
Alternatives (above USD$5M): 0.40% p.a.

Trading Fees

No sales charges on fund purchases
No transaction fees for portfolio trades
No switching or rebalancing fees
Endowus Fee charged quarterly based on daily average AUA
All fees subject to 9% GST

Non Trading Fees

No account maintenance fees
No inactivity fees
No custodian fees passed to clients
CPF agent bank charges: S$2-S$2.50 per transaction
CPF service charge: S$2-S$2.50 per quarter

Deposit Fee

Withdrawal Fee

Free for SGD via FAST to local banks
Overseas remittance: 0.125% (min S$10, max S$120)
Fund transfer out: S$100 per fund if within 6 months

Currency Conversion Fee

No spread charged by Endowus on conversions
HSBC prevailing exchange rates applied
Automatic conversion available if needed

Vip Fee Tiers

No formal VIP program
Same transparent fees for all clients
Tiered pricing based on total assets
Accredited investors access private markets