What are the charges involved with the CPF investment scheme?

Hi anon,

You really shouldn't be paying sales charges for any UTs via CPF IS.

Charges borne by you will generally come from the banks, and depend on what asset you are investing in.

Here's a list of the schedule of charges:

• UOB: https://www.uob.com.sg/web-resources/personal/p...

• OCBC: https://www.ocbc.com/assets/pdf/investment/cpfi...

• DBS: https://www.dbs.com.sg/iwov-resources/media/pdf...

You may wish to invest through a CPF Investment adminstrator such as Phillip Securiteis, which will allow you to consolidate your investments and reduce charges from the banks.

More information on CPF IA is available here: https://www.cpf.gov.sg/Assets/members/Documents... ​​​

If you invest into unit trust, there may be annual management fee. Whether it is worth the cost will depend on the investment performance.

In case you are looking at solutions from AIA, here is their latest result: https://www.blog.pzl.sg/aia-singapore-investmen...

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