CPF Investment

CPF Investment

You can put money in your CPF investment account to get better financial returns. Deploy funds well in the CPF investment account and reap many happy returns for your retirement needs. We take a closer look at CPF investment in Singapore today in 2012.

The CPF Investment Scheme (CPFIS) comprises the CPF Investment Scheme-Ordinary Account (CPFIS-OA) and CPF Investment Scheme-Special Account (CPFIS-SA). The schemes give CPF members more options in investing their CPF savings, while meeting the long-term objective of financial security in old age.

The CENTRAL PROVIDENT FUND (CPF) offers a comprehensive range of CPF investment schemes and services.

The CPF INVESTMENT SCHEME (CPFIS) gives opportunity to invest CPF savings in a wide range of investments to enhance retirement nest egg.

Investment objectives and goals differ from person to person. The CPFIS reflects this by making different types of investments available to CPF members.

Under the CPFIS, you can invest your CPF savings in the folowing CPF investment:

- shares and loan stocks,
- unit trusts,
- government bonds,
- statutory board bonds,
- bank deposits,
- fund management accounts,
- endowment insurance policies,
- investment-linked insurance policies (ILPs),
- exchange traded funds (ETFs) and
- gold.

Notes to CPF Investment:

- with effect from 1 May 2007, FD Banks must offer a minimum effective interest rate that is at least the prevailing CPF interest rate for new placements or roll over of any CPF investment scheme FDs. In this way, members will not be worse off than leaving their monies in the CPF Accounts.
-foreign currency Fixed Deposits are not included under the CPFIS.

Who to approach to buy or sell CPF investment under the CPF Investment Scheme (CPFIS):

(Instruments Service/Product Providers for CPF investment* )

Fixed Deposits= Deposit Banks
Singapore Government Bonds= Bond Dealers or Brokers
Singapore Government Treasury Bills= Bond Dealers
Statutory Board Bonds= Bond Dealers or Brokers
Bonds Guaranteed by Singapore Government= Brokers
Annuities, Endowment Insurance Policies, Investment-Linked Insurance Products= Insurance Companies
Unit Trusts = Fund Management Companies, Investment Administrators
Fund Management Accounts Fund= Management Companies
Shares, Property Funds, Corporate Bonds, Exchange Traded Funds = Brokers
For Gold ETFs: Brokers
For other Gold products:
- Sell through your Agent Bank
- Buy through UOB Agent Bank and UOB investment account.

Editor
Investments Singapore