Any recommendations for investing using CPF IS? - Seedly
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Anonymous

Asked on 20 Feb 2020

Any recommendations for investing using CPF IS?

Hey there, I want to passively invest my cpf-OA fund. Looking at anything that beat 3.5%, low fees, but not STI-ETF.

Any recommendations what platform I can use for this investment?

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You can hire a human financial advisor like myself or a digital financial advisor like EndowUs.

I do recommend checking them out.

Alternatively you can DIY by buying funds on FundSuperMart, Dollardex, or POEMS.

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ūüĎć
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Question Poster

20 Feb 2020

May I know what is the rough cost for financial advisor like yourself? Just a rough guide to company traditional FA vs robo. Many thanks
Hariz Arthur Maloy
Hariz Arthur Maloy

20 Feb 2020

CPF has a max advisor fee of 0.7% currently and will reduce to 0.4% by October 2020. But I've already took on the 0.4% max fee. EndowUs does the same.
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Shengshi Chiam, CFA
Shengshi Chiam, CFA, Personal Finance Lead at Endowus
Level 7. Grand Master
Answered on 20 Feb 2020

Hi Anon,

You can passively invest through Endowus. We offer a globally diversified portfolio, and we are only paid by our customers. This means that we rebate any trailer fees we receive from the fund managers in full.

You can find out more about our CPF investments here, and also how to set up a RSP with us here.

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You may wish to consider a well-diversified portfolio in equities and bonds through dollar cost averaging. This can be done through unit trust from companies like AIA Singapore. Here is their latest fund performance: https://www.blog.pzl.sg/aia-singapore-investment-linked-fund-performance/

More about dollar cost averaging: https://www.blog.pzl.sg/dollar-cost-averaging-singapore-does-it-really-work/

However, take note that the results is based on investing your money into a single fund. In some cases, it may be better to invest in a few assets that is in tandem with your investment objectives. Hence, it will be important to understand more about you and your objectives before we decide on the best allocation and investment strategy.

Here is everything about me and what I do best.

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Thank You!
Can you clarify
I wonder if
This is so helpful ūüĎć
What about
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