Anonymous

18 Apr 2019

∙

How should I go about using my money in CPF for investments? I know there are several products available, but which one should I go for at my age?

Is this the SRS option? I had one agent who recommended me this option but I'm a little unconvinced.

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Hariz Arthur Maloy

22 Oct 2018

Independent Financial Advisor at Promiseland Independent

Hey Anon, you could get a discretionary managed portfolio from an FA, similar to those created by robo advisories which you can fund using your CPF OA or SRS Funds.

Fees are now capped at 1.5% sales charge and 0.7% wrap fee and will reduce to 0 and 0.4% respectively next year.

You can decide on your asset allocation and change it when you grow older as well. It is fully liquid and there are no exit charges.

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Hello All, do you know which bank will the Prudential CPF investment be returned back to? I heard that I need to inform the bank to return the money back to my CPF OA so I can use it for my BTO?

CPF Investment Scheme Does the investment products approved/endorsed by CPF Board classify as better Investment product and less risk? What are the advantages as compared to using cash ?

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