Trailer fees are paid by fund managers to distributors (i.e. your broker/financial advisor/bank). The fee is typically 50% of the Fund-Level Fee and is paid out of the fund-level management expenses on a recurring basis. This potentially leads to a misalignment of incentives for the distributor, and higher fund-level fees.
As defined in Section 4A(1)(a) of the Securities and Futures Act (Cap. 289):
An Accredited Investor whose net personal assets exceed in value S$2 million; or
An Accredited Investor whose income in the preceding 12 months is not less than S$300,000
Compares endowus fees versus typical industry fees assuming an equal 8.0% annualised return of underlying investment before any fees.
endowus fee comprised of Access Fee p.a. (ranging from 0.25% to 0.60% depending on AUA) and 0.50% fund-level fee.
Industry fee comprised of typical retail fees of 2% sales charge, 0.50% wrap/platform fee p.a., and 1.75% fund-level fee.
Our investment office is led by Samuel Rhee,
We bring together decades of experience at leading global financial institutions and technology companies, including Goldman Sachs, Morgan Stanley, UBS, Blackstone, Nomura, HSBC, Macquarie, Wilmar, Grab, Kakao, Singtel, and more
Our diverse expertise and experience in asset management, private banking, investment banking, engineering and consumer technology have prepared us to better serve you.
Nikko Asset Management, former Asia Chairman
Morgan Stanley Investment Management, former Asia CEO
HSBC Investment Management, former Asia CEO
Jardine Fleming Funds, former Asia Chairman
Jardine Pacific, former CEO
Harvard Business School, MBA
Stanford University, BA, MA
University of Cambridge, Professor Emeritus, Dept of Mathematics and Statistics, Founder
of Centre for Financial Research
Cambridge Systems Associates Ltd., MD
Authored over 110 published research articles in leading international journals on financial engineering and risk management and written several books that have won several awards, acting as Editor-in-Chief of Quantitative Finance and Associate Editor of Stochastics, Computational Finance and Journal of Risk Management in Financial Institutions
Horangi, Board of Directors,
Grab, former VP Data,
Palantir Technologies, former Head of Asia
Stanford, BS in Computer Science
China Asset Management, Independent Director
Oxleyan Capital, Founding Partner
The Chinese Finance Association, SE Asia Society President, former USA Chairman
Columbia Management, former Senior Portfolio Manager
Putnam Investments, former VP
University of Notre Dame, MA
Shanghai International Studies University, BA
removing the single biggest drag to portfolio performance over time
taking broad market exposure through the wisdom of crowds to capture the best long-term performance
giving the long-term investor the highest chance of success in reaching their financial goals
setting up an appropriate, intelligent asset allocation strategy is the most important driver of long-term returns
generating the highest possible expected return for every level of risk taken
having broad exposure across diverse assets whose correlation characteristics reduce risk without sacrificing returns
customising personal portfolios is essential as there is no one size fits all in investing
partnering with experts and leading global institutions to access best in class financial solutions to achieve your goals