$$$ KPO and CZM $$$: Endowus - October 2020

Friday, November 13, 2020

Endowus - October 2020

How was your 11.11? We bought a lot of random stuff for 10 cents or less with free delivery! lol.

Anyway, Endowus recently launched a new product/portfolio called Fund Smart which allows an investor to decide and select what he/she wants for his/her portfolio - Endowus Fund Smart Review.

Risk Profile
Goal type: General wealth accumulation
Risk tolerance: Maximise returns (loss tolerance -60%)
Monthly investment using SRS: $740

I have modified my monthly investment in order to max out my SRS contribution for the year.

Account Summary

Capital: $9,670.00
Current: $9,665.59 (-0.04%)

There are quite a few differences as compared to StashAway. Firstly, all the cash has been invested while StashAway keeps 1% of the portfolio in cash. Secondly, the fees are not deducted on a monthly basis. The Access Fee charged by Endowus will be deducted at the end of each quarter as stated in their FAQ.

As of 12 November 2020 (in just a few days), the portfolio value is $10,485.32 (+8.45%).

Asset Allocation

This shows that the number of shares for each fund that I owned:
- Dimensional Global Core Equity Fund (157.9510)
- Infinity US 500 Stock Index Fund (1,792.1900)
- Dimensional Emerging Markets Large Cap Core Equity Fund (63.8060)
- Dimensional Pacific Basin Small Companies Fund (56.5250)

It will be great if they actually showed my average price vs the current market price.


I received my first trailer rebate this month. More information can be found in their web application. 

Speaking of which, Endowus has finally launched a mobile app:
Android: https://play.google.com/store/apps/details?id=com.endowus.mobileapp

Oddly, the trailer rebate transaction is missing in the mobile app. Anyway, the trailer fee was refunded back to my SRS. So I supposed if you are investing using cash or CPF, it will be refunded to its original source. I'm hoping that they can introduce a dark theme for their mobile app and a couple of the functions/features (e.g. preference) redirect you back to the web application, definitely room for improvements!

That's all! Overall, I think the statement is pretty straightforward and easy to read. On a side note, StocksCafe does not has the ability to track funds, hence unable to do any form of comparison/benchmark.

If you are interested in Endowus, do use our referral link for our readers! You will get S$10,000 managed free for 6 months ($20 equivalent) and we will get $20 too!

You might be interested in previous months update too:
Endowus CPF/SRS Review
Endowus - January 2020 - $3,692.02
Endowus - February 2020 - $3,704.57
Endowus - March 2020 - $4,153.50
Endowus - April 2020 - $4,849.67
Endowus - May 2020 - $5,797.36
Endowus - June 2020 - $6,471.66
Endowus - July 2020 - $7,455.96
Endowus - August 2020 - $8,588.83
- Endowus - October 2020 - $9,665.59

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