In our latest Recommended Portfolio Change (RPC), Endowus is recommending to clients changes to both the equities and fixed income components of the Flagship Portfolios. These changes, if taken up, will provide clients with a closer — and passive — tracking of the benchmark indices. Crucially, this switch will lower costs for clients. The latest RPC is part of the commitment of Endowus to source for funds that will optimise your portfolios. Clients can choose to accept or reject the recommended changes.
Lower fees for your Flagship Portfolios
For the equities exposure of the Flagship Portfolios, we are proposing these two changes: Replacing the LionGlobal Infinity US 500 Stock Index Fund with the Amundi Prime USA Fund — now the lowest-cost US index fund available to Singapore retail investors. Its fund-level fee is at just 5 basis points (bps), or 0.05%, per annum.Marginally raising allocation to the Dimensional Global Core...