Endowus Fees 2026: Complete Breakdown — Are They Worth It?
Platform fee 0.25–0.60% · Zero fund sales charges · CPF & SRS compatible · Comparison vs Syfe & StashAway
Endowus is Singapore’s only MAS-licensed robo-advisor that lets you invest with CPF OA, SRS, and cash in one platform. But how much does it actually cost? This guide breaks down every Endowus fee in 2026 — platform fees, fund-level costs, and how they compare to competitors like Syfe and StashAway.
Not financial advice. Fee data as at April 2026. Verify current rates at endowus.com before investing.
Table of Contents
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Endowus Fee Overview (2026)
Endowus charges a simple all-in access fee (platform fee) based on your total Assets Under Advice (AUA). There are no sales charges, no redemption fees, and no performance fees. The fund expense ratios (TER) are separate and charged at the fund level — not by Endowus directly.
| Fee Type | Rate | Notes |
|---|---|---|
| Platform (Access) Fee | 0.25% – 0.60% p.a. | Tiered by AUA, charged daily pro-rata |
| Sales Charge | 0% | Endowus rebates 100% of trailer fees |
| Redemption Fee | 0% | No lock-in period |
| Performance Fee | 0% | Not charged |
| Fund TER (underlying) | 0.05% – 0.80% | Charged within fund NAV, not separately |
Platform Fee Breakdown by AUM Tier
Endowus uses a tiered fee schedule — the more you invest, the lower your blended rate. The fee is calculated daily on your total AUA across all portfolios (cash, CPF, and SRS combined).
| AUA Tier | Annual Rate | Monthly Cost (S$100k) |
|---|---|---|
| First S$200,000 | 0.60% p.a. | S$50/mth |
| S$200,001 – S$1,000,000 | 0.50% p.a. | — |
| S$1,000,001 – S$5,000,000 | 0.35% p.a. | — |
| Above S$5,000,000 | 0.25% p.a. | — |
For a typical Singapore investor with S$50,000 invested, the annual platform fee is S$300/yr (0.60%). That works out to about S$25/month — roughly the cost of two café visits.
For those investing via CPF OA (through the CPFIS scheme), the fee structure is the same. Endowus is one of the few platforms that allows CPF OA investing in unit trusts.
Fund-Level Fees: TER & Sales Charges
On top of the platform fee, the underlying funds have their own expense ratios (TER). Endowus negotiates institutional-class funds where possible — which typically have lower TERs than retail unit trusts sold at banks.
Importantly, Endowus rebates 100% of trailer fees — commissions paid by fund houses back to distributors. Other platforms like banks often keep these commissions as hidden revenue. By rebating them, Endowus effectively reduces your total cost of ownership.
| Fund Type | Typical TER Range | Examples |
|---|---|---|
| Dimensional Equity Funds | 0.22%–0.35% | DFA Global Core Equity, DFA Emerging Markets |
| iShares / BlackRock ETFs | 0.05%–0.20% | iShares Core Global Agg Bond, iShares MSCI World |
| PIMCO Bond Funds | 0.35%–0.55% | PIMCO Income Fund, PIMCO Low Duration |
| Endowus Income+ Portfolios | 0.40%–0.70% | Income+Pure, Income+Enhanced, Income+Max |
| CPF-eligible funds (CPFIS) | 0.10%–0.45% | Infinity US 500 Stock Index, LionGlobal S&P 500 Index |
Total all-in cost for a typical Endowus portfolio: roughly 0.85%–1.00% p.a. for most retail investors (platform fee 0.60% + fund TER 0.25%–0.40%).
CPF & SRS Investing Fees on Endowus
One of Endowus’s standout features is its support for CPF OA investing via CPFIS — something Syfe and StashAway do not offer. The fee structure for CPF and SRS portfolios is the same tiered platform fee as cash accounts.
CPF OA (CPFIS-OA) via Endowus
You can invest your CPF OA funds (above the required S$20,000 floor) into Endowus’s CPF portfolios. CPFIS-approved funds on Endowus include low-cost equity index funds. Your CPF investment strategy can target equity exposure while maintaining the flexibility to switch funds without sales charges.
SRS via Endowus
Endowus supports full SRS (Supplementary Retirement Scheme) investing. With a SRS contribution limit of S$15,300/yr for Singapore citizens and PRs, Endowus charges its standard 0.60% fee on the first S$200,000. If you’re maximising your SRS and building it up over years, you’ll move into lower fee tiers over time.
Key advantage: Endowus’s SRS fee of 0.50% (for portfolios between S$200k–S$1M) is competitive versus Syfe’s 0.40–0.50% at equivalent AUM sizes, especially when combined with the full trailer rebate.
Endowus vs Syfe vs StashAway: Fee Comparison
How does Endowus stack up against the two other major robo-advisors in Singapore? Here’s the side-by-side comparison for the platform fee alone (fund TER is additional for all platforms):
| Feature | Endowus | Syfe | StashAway |
|---|---|---|---|
| Fee (first S$200k) | 0.60% | 0.65% | 0.80% |
| Fee (S$200k–S$1M) | 0.50% | 0.50% | 0.60% |
| Fee (S$1M–S$5M) | 0.35% | 0.40% | 0.40% |
| CPF OA (CPFIS) | Yes | No | No |
| SRS Compatible | Yes | Yes | Yes |
| Fund Sales Charge | 0% | 0% | 0% |
| Trailer Fee Rebate | 100% | Partial | Partial |
| Minimum Investment | S$1 (cash) / S$1,000 (CPF) | S$1 | S$1 |
Bottom line: Endowus is cheapest for small portfolios (S$1–S$200k) when you factor in full trailer fee rebates. At larger AUM (above S$1M), Syfe’s 0.35–0.40% can be cheaper. But neither Syfe nor StashAway offers CPF OA access — which is a significant differentiator for most Singapore investors.
For a deeper comparison, see our full guide: Syfe vs Endowus 2026.
Endowus Cash Smart Fees
Endowus Cash Smart is the platform’s cash management solution, investing in short-duration money market and bond funds. It’s a popular alternative to fixed deposits for Singapore investors seeking higher yields with daily liquidity.
| Product | Projected Yield (Apr 2026) | Risk Level |
|---|---|---|
| Cash Smart Secure | ~2.9%–3.1% p.a. | Very Low (MMF) |
| Cash Smart Enhanced | ~3.2%–3.5% p.a. | Low (short-duration bonds) |
| Cash Smart Ultra | ~3.3%–3.6% p.a. | Low-Medium |
Important note: Cash Smart yields are not guaranteed and vary daily. They are not SDIC-insured — unlike bank savings accounts (SDIC S$100,000 per bank). For SDIC-protected yield with no conditions, MariBank’s 2.88% p.a. is a solid alternative. Cash Smart Ultra’s ~3.3–3.6% offers meaningfully higher yield if you can accept the lack of SDIC protection.
For SRS cash management, Cash Smart is particularly attractive since SRS accounts only earn 0.05% by default. Moving SRS funds into Cash Smart Enhanced or Ultra while awaiting investment opportunities can generate significantly better returns.
Endowus Referral Code & Current Promotions (April 2026)
New to Endowus? Use The Kopi Notes’ referral link to get a fee rebate for your first few months — effectively reducing your cost of investing even further.
The referral promotion changes monthly. Check the link above for the current offer. Typical promotions include 3–6 months of platform fee rebates on your first investment.
Verdict: Are Endowus Fees Worth It?
For most Singapore investors, Endowus fees are competitive and worth paying — especially if you want CPF OA or SRS access. Here’s our honest take:
Worth it if you:
- Want to invest CPF OA funds (Endowus is the only major robo-advisor offering this)
- Are using SRS and want diversified fund access beyond just ETFs
- Value 0% sales charges and 100% trailer fee rebates
- Are building a long-term passive income portfolio using unit trusts and institutional funds
- Have under S$200k invested (0.60% platform fee is genuinely competitive vs banks charging 1.5–2.5% for unit trusts)
Consider alternatives if you:
- Only invest cash and want the cheapest possible platform — Syfe or FSMOne may be cheaper for large cash portfolios above S$1M
- Want to invest in S-REITs directly — use a brokerage and check our Best S-REITs guide
- Need SDIC-protected savings yields — consider MariBank or Trust Bank savings accounts alongside a brokerage
For building a CPF-inclusive, tax-efficient retirement portfolio, Endowus remains our top pick among Singapore robo-advisors. The 0% sales charge and CPF OA access alone justify the platform fee for most investors. You can also use our Retirement Planning Calculator to model whether your current savings rate puts you on track for retirement.
Frequently Asked Questions
What is the Endowus platform fee?
Endowus charges a tiered platform fee ranging from 0.25% to 0.60% per annum on your total Assets Under Advice. The first S$200,000 is charged at 0.60%, S$200,001–S$1,000,000 at 0.50%, S$1,000,001–S$5,000,000 at 0.35%, and above S$5,000,000 at 0.25%.
Does Endowus charge a sales fee when I buy funds?
No. Endowus charges 0% sales charge on all fund purchases. Traditional banks typically charge 3–5% upfront sales charges on unit trusts. Endowus also rebates 100% of trailer fees — hidden commissions paid by fund managers to distributors — which further reduces your effective cost.
Can I invest my CPF savings on Endowus?
Yes. Endowus is one of the very few platforms in Singapore that allows you to invest your CPF OA funds via CPFIS. You need a minimum of S$20,000 in your OA before you can invest (the first S$20k earns the 2.5% OA rate). The platform fee is the same as for cash accounts.
How does Endowus compare to FSMOne on fees?
FSMOne charges a custodian fee of approximately 0.18% p.a. (minimum S$2/month) for unit trusts, with 0% sales charge online. For small portfolios, FSMOne’s custodian fee is lower than Endowus’s 0.60%. However, Endowus offers a curated portfolio experience, full trailer fee rebates, and CPF/SRS integration that FSMOne does not provide in the same way.
Is Endowus Cash Smart safe?
Endowus Cash Smart invests in MAS-regulated money market and short-duration bond funds. It is not SDIC-insured unlike bank deposits (which have S$100,000 SDIC protection per bank). However, the underlying funds are professionally managed, have maintained stable NAVs historically, and are considered lower-risk than equity investments. Always read the fund prospectus before investing.
What is the Endowus referral bonus?
Endowus periodically offers referral promotions — typically a platform fee rebate equivalent to 3–6 months of fee-free investing for new accounts. The exact offer changes monthly. Check our Endowus referral code page for the latest verified offer before signing up.
Should I choose Endowus or Syfe for passive income?
For passive income investors, it depends on your goals. Syfe offers REIT+ and Income+ portfolios that distribute monthly cash. Endowus’s income-focused portfolios target similar distributions but give more fund variety and CPF OA access. If you’re primarily using SRS or CPF, Endowus has the edge. See our full comparison: Syfe vs Endowus 2026.
Related guides: Syfe referral code · FSMOne referral code · MariBank referral code · Syfe vs Endowus · Retirement Calculator
Disclosure: The Kopi Notes may earn a referral commission if you sign up via links on this page, at no extra cost to you. All opinions are our own. This is not financial advice. Always do your own research before investing.