Invest cashlessly with CPF
If you don’t have time to read through the whole article, you can check out our short version below:
- You can invest with your CPF monies and not rely solely on your cash-on-hand.
- Under the CPF investment scheme, there are various products you can invest in. For example, selected Equities, ETF, Unit trusts.
Looking to invest without impacting your cashflow for daily expenses? Consider investing with your Central Provident Fund (CPF).
Activate your Investible Savings
If you maintain a minimum sum of $20,000 in the Ordinary Account and $40,000 in the Special Account, you can invest the excess monies, also known as investible savings.
Considerations when Investing with CPF Monies
Don't leave your money idling in your CPF Account
|In 2013, Sean invested $18,850 of his CPF OA monies in equities*.
|In 2018, he sold his shares for $22,750 and accumulated $6,141 in dividends, generating a total return of 53.2%.
*Illustrated using a CPF-included Commercial Trust; assuming Sean bought 13,000 shares at $1.45 each on 26 July 2013 and sold them for $1.75 each on 26 July 2018. Total return is calculated based on (capital gains + dividends) /initial investment, excluding brokerage fees.
Products included under the CPF Investment Scheme
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Disclaimers and Important Notice
This article is meant for information only and should not be relied upon as financial advice. Before making any decision to buy, sell or hold any investment or insurance product, you should seek advice from a financial adviser regarding its suitability.