Endowus has launched an upgraded cash/SRS portfolio with several enhancements in a lengthy blog post. As a client myself, I thought I’d digest, rationalise and simplify the changes to readers who are wondering what the changes are about. Without further ado, let’s get started.

Endowus is expanding its range of funds in the portfolio

• The number of funds in the investment universe has expanded to 4 in equities and 4 in fixed income
• The goal is to align their asset allocation strategy with their CPF portfolios and optimise for the best risk-return ratio for every level of risk

New equities portfolio with further optimisation

• In the equities allocation, the portfolio should include close to 10,000 stock holdings across developed markets, emerging markets, US and Asia-Pacific
• The fund that they are replacing, the Dimensional World Equity Fund, has also more than 10,000 holdings (11,052 as of April 2020 to be exact)
• The weighted average

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