In our latest recommended portfolio change (RPC), Endowus is updating the fund allocations to both the Cash Smart Enhanced and Cash Smart Ultra Portfolios. These changes, if accepted, will lower the portfolio-level fees, and reduce exposure to relatively riskier sectors while keeping to similar levels of yields. Clients can choose to accept or reject the recommended changes.

Key improvements to Endowus Cash Smart Enhanced & Ultra

Lower fees

The new Cash Smart Enhanced and Ultra Portfolios will be cheaper by 0.02% and 0.04% per annum.  The compounded impact of fees on your returns is particularly important for money market funds and short-duration fixed income funds that are characterised by a relatively lower level of average returns compared to other riskier asset classes.

Reduced exposure to more volatile sectors

The adjustments for Cash Smart Enhanced and Ultra portfolios aim to overall reduce the volatility of the...