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Endowus launches CPFIS portfolios with markedly lower fees

It has partnered UOB Kay Hian, which has been awarded CPFIS Investment Administrator status.

From left: Endowus's Gregory Van, chief operating officer and co-founder; You Ning Sun, chief executive and co-founder; Sin Ting So, head of experience; and Samuel Rhee, chief investment officer and co-founder.

FEE-ONLY financial advisory firm Endowus is launching its portfolio service for savings in the CPF Investment Scheme (CPFIS) where all-in fees are estimated to be significantly lower than the market.

Its entry into the CPFIS arena coincides with the award of the CPF Investment...

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