New CPFIS Funds in Endowus!

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By Azrael's Financial Cents • April 21, 2020

New CPFIS Funds in Endowus

Endowus is introducing a new fund to the CPFIS portfolio. I am rather excited about the offering as it was something I have been asking about when I saw the S&P500 fund there.

I think for those of you invested, one of the funds you are invested in is Harris Associates Global Equity Fund by Natixis.

The new fund that is coming in is Infinity Global Stock Index Fund by LionGlobal, which is exclusive to Endowus for CPF Investment Scheme.

So what is this fund about?

Infinity Global Stock Index Fund is a feeder fund into Vanguard Global Stock Index Fund, which tracks the MSCI World Free Index, a basket of 1600 global stocks.

Here are some benefits for it:

Diversification of 1600 global stocks rather than the 44 (Harris Associates Global Equity Fund), a few companies blowing up (which could be higher considering this virus pandemic),...