Endowus announced today the launch of a new Ultra Defensive Portfolio - by curating a portfolio of four high-quality bond allocations to enhance the downside protection of the fixed income portfolio while still maintaining stable market returns.
The outcome is a safer lower volatility fixed income portfolio, that sits right in between their existing 100% fixed income (very conservative) Core Flagship Portfolio and their Cash Smart Enhanced cash management product.
This portfolio includes a new Low Duration Income Fund, a sister fund to the flagship PIMCO Income Fund.
The new fund was launched in Singapore as an SGD-hedged Institutional share class exclusively for Endowus customers by PIMCO. PIMCO is the largest fixed income manager globally with $2 trillion of assets under management. This portfolio can be invested using Cash and SRS.
The new UDP is still 100% allocated to fixed-income funds but it has lower volatility characteristics, making it safer and less volatile, and therefore less risky than existing products offered by Endowus.
Historical performance of the Ultra Defensive Portfolio
Sign up for an account with Endowus using this link and invest at least $1,000, and you will get $20 in Access Fee credit (equivalent to $10,000 advised free, assuming Access fee of 0.40%).
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