facebookIs it possible to invest in S&P 500 using CPF? - Seedly

Anonymous

15 Dec 2020

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CPF

Is it possible to invest in S&P 500 using CPF?

Is Endowus the only option? Is it done through the "General Wealth Accumulation" goal? Which ETF / fund is it? I assume endowus does not have CSPX

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Endowus

15 Dec 2020

Hi Anon,

Yes we are the only option. You will have to choose the "Fund Smart" goal to select S&P 500 only. You can refer to Jiayee reply.

As CPF has restrictions on what type of funds are included into the CPFIS investable universe, we have to work with local fund managers, and local funds to make them available on CPFIS. The lion global Vanguard US 500 is one of them. Hope this explains!

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Jiayee

14 Dec 2020

Salaryman at some company

Endowus. Check this out: https://endowus.com/support/360000618721-fund-r...

Can use Fund Smart to allocate 100% to this fund if you only want this.

The General Wealth Accumulation goal is an advised portfolio and it will contain other funds too.

Yes, Endowus, I have tried and seems ok...

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