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Low cost portfolios get you a headstart, says endowus

The fee-only firm will invest in institutional share classes of funds, where management fees are significantly lower.

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From Left: Gregory Van, You Ning Sun, Sin Ting So and Samuel Rhee. Mr Van says: "We looked at the data and determined that cost is a major determinant of your eventual success and returns. On average, our cost is more than 100 basis points less than if you tried to reconstruct the portfolios elsewhere."

LOW-COST investing remains elusive in Singapore's unit trust landscape, but a new financial advisory (FA) entrant, endowus, may well spark a long overdue shakeup.

endowus is a fee-only advisory firm. This means that the firm will take no product commissions, in the belief that commissions...

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