It is more transparent, and in most cases much lower cost, to invest and grow your wealth with Endowus than it would be to replicate your portfolio and similar services at a private bank, online "low cost, no fee" platform, or retail bank.
Endowus rebates 100% of trailer fees, and gives access to the institutional share class of funds, which typically are half the cost of a retail share class of the same fund.
For example, when you buy the Fidelity Global Dividend Fund at a private bank or broker, you may be sold the retail share class, which has a total expense ratio of 1.88%, plus upfront sales charges (typically 1-3%), plus additional custodian fees and advisory fees. This means that you may have a total cost of ownership in the first year of over 4%.
With Endowus, we access the institutional share class of the same fund, which has a total expense ratio of 1.03%, no sales fees, no transaction fees. For example, for an investment amount under HKD 20 million, the Endowus Fee is 0.40% per annum, meaning that the total cost is 1.43% per annum. Read here for more details on Endowus Fees.
Note: This chart is for illustrative purposes only, under no circumstances should any information in this chart be used or construed as an offer or a solicitation to buy or sell any investment products or to adopt any investment strategy.