Key takeaways

  • We are providing an update on the revision of the net yield projection for Endowus Cash Smart portfolios. Cash Smart CORE  goes to 0.8% ~ 1.0%, and ENHANCED to 1.4% ~ 1.6%.
  • The drop in recent yields is in line with the persistent low interest rate environment and the lower yield of reinvestment opportunities around the world.

The revised yields are still much more attractive than the savings or deposit options available in Singapore

How has Endowus Cash Smart performed since launch?

Endowus Cash Smart Portfolio Performance

July 1, 2020 to Dec 31, 2020

Growth of 100 chart Source: Endowus Research, MorningStar‌

As you can see from the above chart, the performance of the two Cash Smart products have been steady and strong since the launch on 1 July.  The chart above shows the trend while the table below shows the monthly and overall performance.  Actual net