I have been using Endowus since end August 2023. So, I thought that it is a good time to take a look back at the use of Endowus platform for investment and to share my experiences. Overall, I like the easy to use mobile and web version of the platform. For today's sharing. I think I will touch on the fees chargeable by Endowus for access to their platform via cash investments.
- Any Upfront Sales Charge or Transaction fees?
The unique thing about investing via Endowus platform (relative to direct purchase of Unit Trusts) is that there is no upfront sales fees and transaction fee. In addition, Endowus also provides a 100% Cashback on trailer fees. Hence, there is no point to buy unit trusts from the traditional route of banks or insurance companies Investment Linked Products ILP).
In addition, there is no charges for redemption/selling of units in the "Endowus Goal' being created....
