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Endowus launches three income portfolios with up to 6% p.a. target payout

Jovi Ho
Jovi Ho1/26/2022 5:7 PM GMT+08  • 3 min read
Endowus launches three income portfolios with up to 6% p.a. target payout
More than $10 million has been funded into the Income Portfolios in just three weeks, says Endowus.
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Digital wealth platform Endowus has launched the Endowus Income Portfolios, three “life-stage based portfolios” that offer varied monthly payouts, pegged to different risk tolerance levels.

The three portfolios are: Stable Income (for the older generation), Higher Income (for the “sandwich” generation) and Future Income (for the younger generation). Current target payout rates range from 4.0% to 6.0% per annum, reads a Jan 25 press release.

The new portfolios feature a multi-fund manager, diversified portfolio without lock-in periods and no exclusive arrangements with fund managers to lower fees for clients.

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