Endowus portfolio smart tips (boost cash yields, flexi portfolios)

If you’re an Endowus user, you might benefit from these smart tips that you might not be aware.

Modify your Fund Smart portfolio at any time

Endowus launched Fund Smart which are essential DIY fund portfolios that you can choose from a variety of pre-screened funds.

Back then, changing your portfolio fund mix wasn’t allowed and if you had wanted to change your fund composition, you’d have to re-create a new goal, select funds, redeem your portfolio, and then invest into your new portfolio.

You can now change your portfolio fund mix within a Fund Smart portfolio by modifying your goal, changing the funds or allocation within the Fund Smart portfolio, and then confirm it via SMS.

Dynamic advised portfolios with overweights/underweights

That brings me to the second hack – if you were planning to create and invest into an advised portfolio with Endowus under General Wealth Accumulation, you might want to consider replicating it with a Fund Smart portfolio instead.

This will allow you to take more control of your investment funds if you ever need to, at any time. Say for example you’ve a 40/60 advised portfolio (‘measured risk’) and you’d like to tweak the constituents in your portfolio a little.

If you wanted to overweight global core equities, you can easily dial up the exposure in the Dimensional Global Core Equity Fund from 15.2% to something like 18% and reduce exposure elsewhere.

Using Fund Smart, you can re-create the same portfolio with some tweaks, and later change it again if needed.

To further extend the use case, if you’d like a 70/30 portfolio or 50/50 portfolio, you might be unable to do so with the advised portfolio presets. With the Fund Smart goal, you can simply select the same funds, pro-rate the amounts and get your desired allocation!

Dynamic allocation for their advised portfolios from 100/0 to 0/100.

Use Fund Smart to boost your yields on cash

The same concept can yet apply to your cash management portfolio on Endowus. If you think that the two available options – Core and Enhanced – for Cash Smart are too low yielding and you don’t mind taking extra risk, you can tweak your portfolios slightly to achieve a higher projected return.

For example, seeing how moving from Fullerton SGD Cash Fund to UOB United SGD fund almost doubles my yield (with higher risk of course), and if I am willing to accept slightly higher risks, I can set up a fund smart portfolio for cash management and customise the underlying funds for higher returns.

With a 40% allocation to UOB United, 20% allocation to LionGlobal SGD Enhanced Liquidity Fund, and 40% allocation to Fullerton Short Term Interest Rate fund, it boosts my annual return to 1.48% to 1.67% after fees.

Projected returns with some customisation

While it might not be directly comparable against Syfe’s advertised 1.75% on their Cash+, whose returns are driven by the LionGlobal Short Duration Bond Fund which Endowus doesn’t offer on its platform, Syfe’s offering comes with a higher risk (higher max drawdown and lower credit rating) than what Endowus is willing to offer to its clients for a cash portfolio.

Syfe’s 1.75% cash management offering breakdown

It’s up to you to choose where to put your money, but personally, I prefer a safer option for funds in cash management.

Alright, that’s all for the smart tips. Since they are running a limited time promotion now, feel free to sign up using the link below for nice CNY goodies ($28 credit). They are literally paying for an opportunity to grow your money. If you aren’t convinced, read my review here.

Use this exclusive link to get S$10,000 managed free for 6 months when you invest with Endowus. Fund your account with at least $888 from 1 – 14 February, and get a $28 sign up bonus.

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