Endowus Singapore: Complete Beginner’s Guide to CPF, SRS & Cash Investing (2026)

Singapore’s top robo-advisor for CPF, SRS and Cash investing — step-by-step guide for beginners.

Endowus is Singapore’s first and only wealth platform that lets you invest your CPF, SRS and Cash savings all in one place. Founded in 2017 and MAS-licensed, it gives Singapore investors access to institutional-class funds at fees as low as 0.25% per year. Whether you want to grow your CPF OA, save on income tax via SRS, or build a cash portfolio, Endowus is one of the most cost-efficient ways to do it in 2026.

Not financial advice. All figures are for educational reference only. Data as at June 2026 unless noted.

Table of Contents

What Is Endowus?

Endowus is a MAS-licensed digital wealth platform founded in Singapore in 2017. It is the first platform in Singapore to offer CPF, SRS and Cash investing under a single roof. You do not need to pick individual stocks or ETFs. Instead, you choose a portfolio built from institutional unit trust funds — the same funds used by pension funds and family offices.

The founders set out to solve a real problem for Singaporeans: your CPF and SRS savings sit in accounts earning modest interest while better-performing options exist. Endowus lets you channel those funds into globally diversified portfolios with institutional-grade fees.

As at 2026, Endowus manages over S$6 billion in assets for more than 200,000 Singapore investors. It is backed by Prosus (Naspers) and Singapore Exchange (SGX), which adds a layer of credibility and stability.

How Endowus Works

Endowus is a discretionary investment manager — meaning you set your risk level, and Endowus picks the funds and rebalances for you. You do not need to log in every day or monitor markets. Here’s the basic flow:

Step 1: You choose a funding source — CPF OA, CPF SA, SRS, or Cash. Step 2: You pick a portfolio goal (e.g. Build Long-Term Wealth, Supplement Retirement, Cash Management). Step 3: Endowus constructs a portfolio of 4–8 low-cost unit trust funds from managers like Dimensional Fund Advisors, PIMCO, and Amundi. Step 4: Endowus monitors and rebalances automatically when allocations drift.

All funds on the platform are clean-share class — meaning there are no trailer fees (kickbacks) paid to the platform. The 0.25% advisory fee you pay is the only fee going to Endowus. You still pay the underlying fund’s expense ratio (typically 0.30%–0.60%), but this is significantly lower than buying retail share-class funds through a bank.

Source: Endowus Singapore platform pricing page, June 2026

How to Invest CPF with Endowus

This is Endowus’s flagship feature and the one most unique in Singapore. You can invest your CPF Ordinary Account (OA) and CPF Special Account (SA) funds through the CPF Investment Scheme (CPFIS). Here’s what you need to know.

CPF OA investing: Your OA earns a base 2.5% per year. When you invest via CPFIS-OA through Endowus, you aim for higher long-term returns through a globally diversified equity or balanced fund portfolio. The trade-off: returns are not guaranteed, and you forego the 2.5% floor while funds are invested.

CPF SA investing: SA earns 4% per year. This is a high guaranteed rate. Most financial planners suggest only investing SA if you have a very long time horizon (15+ years) and high risk tolerance. Endowus provides SA-approved funds for those who choose to invest.

CPFIS eligibility: You must be at least 23 years old and have more than S$20,000 in your OA (for OA investing) or S$40,000 in your SA (for SA investing) before you can use CPFIS. The first S$20,000 in OA and S$40,000 in SA must stay in CPF and cannot be invested.

Source: CPF Board, Endowus CPFIS guide, June 2026

To connect your CPF to Endowus, you link your CPF account via Singpass during sign-up. Endowus then submits buy/sell instructions directly to CPFIS on your behalf. You do not need to log into the CPF website to manage your investments. This is one of the reasons it’s popular among Singaporeans who want a hands-off approach to their CPF investment strategy.

How to Invest SRS with Endowus

The Supplementary Retirement Scheme (SRS) is a voluntary savings scheme run by the Singapore government. You contribute post-tax money to your SRS account, and those contributions are eligible for income tax deduction — up to S$15,300 per year for Singapore citizens and PRs.

Endowus lets you invest your SRS balance into the same fund universe as the Cash portfolio. The tax advantage is significant. If you earn S$120,000 per year and contribute S$15,300 to SRS, you save roughly S$3,060 in income tax (at the 20% marginal rate). That’s an immediate 20% return before your investments even do anything.

The SRS account is held at DBS, OCBC or UOB. Once you have an SRS account, you link it to Endowus and invest from there. Withdrawals from SRS after the statutory retirement age (63 in 2026) are taxed at 50% of the amount — significantly lower than normal income tax rates. For retirement planning, the SRS + Endowus combination is one of the most tax-efficient strategies available to Singapore residents.

Endowus Cash Portfolio

The Cash portfolio is Endowus’s most flexible offering. You fund it via bank transfer (any Singapore bank), and you can withdraw at any time. There is no lock-in period. Minimum investment is S$1,000.

Endowus offers several Cash portfolio options. The main categories are:

Flagship Portfolios: Core, Balanced, Income. These are ready-made, multi-fund portfolios for most investors. Core is 100% equities; Balanced is 60% equities / 40% bonds; Income targets monthly cash distributions.

Fund Smart: For more experienced investors who want to pick their own combination of funds. You select from ~260 institutional funds spanning global equities, fixed income, REITs, and more.

Cash Smart: A capital-stable portfolio of ultra-short duration bond funds. As at June 2026, Cash Smart yields approximately 3.8%–4.2% per year — higher than most savings accounts and comparable to the best fixed deposits, but with daily liquidity. This makes it a strong alternative for your emergency fund or short-term savings. Compare this with Singapore T-bills 2026 which are currently yielding around 1.44% — significantly lower.

Endowus Fees Explained

Understanding total costs is critical. With Endowus, you pay two types of fees: the Endowus advisory fee, and the underlying fund’s expense ratio (TER). Here’s how they add up for a typical portfolio.

Source: Endowus Singapore fee schedule, June 2026. Fund TER is indicative based on typical Flagship portfolio.

The tiered advisory fee structure is: 0.25% on first S$200,000; 0.20% on S$200,001–S$1,000,000; 0.15% above S$1,000,000. Larger portfolios pay proportionally less. This compares very favourably to buying retail unit trusts through a bank, where front-end sales charges alone can be 1%–3% per transaction. For a like-for-like comparison with other platforms, try the Robo-Advisor Fee Comparison Calculator.

Endowus vs Syfe vs FSMOne vs StashAway

Singapore has several competing platforms. Here’s how Endowus stacks up against the main alternatives for everyday investors:

Source: Platform pricing pages, June 2026. FSMOne fee is per-transaction commission, not advisory fee.

The key insight: if CPF investing is your priority, Endowus is the clear leader — it offers both OA and SA, with a cleaner interface than FSMOne and lower fees than most alternatives. If you want to start with very small amounts (under S$1,000), Syfe or StashAway have lower minimums. Read our full Syfe vs Endowus comparison for a deeper breakdown.

How to Sign Up for Endowus (Step-by-Step)

Getting started with Endowus takes about 15 minutes. Here’s exactly what to do:

Step 1 — Go to the Endowus website or download the app. Visit endowus.com or search “Endowus” in the App Store / Google Play.

Step 2 — Enter the referral code. When prompted, enter 2V343 (from our Endowus referral page) to get S$20 in fee rebates on your first investment.

Step 3 — Verify your identity via Singpass. Endowus uses Singpass MyInfo for a paperless KYC process. This takes 2–3 minutes. Your name, NRIC, and address are pre-filled automatically.

Step 4 — Complete the suitability assessment. Endowus is required by MAS to assess your risk tolerance, investment experience, and financial situation. Answer honestly — this determines which portfolios are available to you.

Step 5 — Choose your goal and funding source. Select whether you want to invest CPF, SRS, or Cash. Each is set up as a separate goal/portfolio on the platform.

Step 6 — Fund your account. For Cash: transfer via PayNow or bank transfer. For CPF: Endowus connects directly via CPFIS — no separate transfer needed. For SRS: initiate a transfer from your SRS account at DBS/OCBC/UOB.

Step 7 — Select your portfolio. For beginners, the Flagship portfolios (Core / Balanced / Income) are the simplest choice. Pick the one that matches your risk tolerance and time horizon.

Once funded, Endowus invests within 1–3 business days. You’ll receive email confirmations for every transaction.

Who Should Use Endowus?

Endowus is ideal for Singapore investors who want a simple, low-cost, hands-off approach. Here’s a clear breakdown:

Source: Endowus platform features, June 2026

Endowus is not ideal for investors who want to own individual stocks or buy ETFs directly on an exchange. However, it sits at an important intersection: if you want global diversification via managed funds at institutional fees, with CPF/SRS access, it’s unmatched in Singapore. Many investors use Endowus for CPF/SRS/Cash Smart alongside a brokerage account for direct ETF investing. If you want to compare returns against a passive income strategy, our passive income Singapore guide covers alternative approaches via S-REITs and dividend stocks. For a broader view of how your total retirement savings stack up, run the numbers in the Singapore retirement planning calculator.

Frequently Asked Questions

Ready to Start Investing with Endowus?

Use referral code 2V343 to get S$20 in fee rebates when you sign up. Compare all Singapore platform bonuses below.