Endowus - May 2021

I blogged about Investing CPF OA Through Endowus at the start of the month and you will be able to see it reflected in some of the screenshot below.

Risk Profile
Goal type: General wealth accumulation
Risk tolerance: Maximise returns (loss tolerance -60%)
Monthly investment using SRS: $638

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

Account Summary

Capital: $14,340.00
Current: $17,325.44 (20.89%)

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 June 2021, the portfolio value is $27,663.79. The return shown in percentage is just a simple return (P&L divided by capital) and with the $10k investment from CPF OA, it dropped significantly compared to the previous month.

It will be clearer/more accurate if we look at the respective portfolio.

Anyway, Endowus is still performing better as compared with StashAway given that both portfolios had the same capital/deposit.

Asset Allocation

Seems like the asset allocation in the statement is not updated for this month given that the numbers are the same as last month. Updated the number based on what is displayed on their web UI.

This shows that the number of shares for each fund that I owned:
- Dimensional Global Core Equity Fund (214.7780)
- Infinity US 500 Stock Index Fund (2566.0500)
- Dimensional Emerging Markets Large Cap Core Equity Fund (88.5560)
- Dimensional Pacific Basin Small Companies Fund (84.1310)

Transactions

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! 

On a side note, Futu's moomoo app has made their sign-up bonus even more attractive (one free Apple share + one free Nio share with 5 trades + other benefits) and it has been extended to 30th June 2021 (2000hr SGT)! Take a look at the latest benefits here.

You might be interested in the previous monthly update too:

- Endowus CPF/SRS Review

- Endowus - December 2020 - $12,466.20

- Endowus - January 2021 - $13,080.35

- Endowus - February 2021 - $13,549.30

- Endowus - March 2021 - $15,484.29

- Endowus - April 2021 - $16,570.37

- Endowus - May 2021 - $17,325.44 

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