What are the types of investment vehicle that I can utilise for SRS besides local SG stocks?

You can use your SRS funds to purhcase selected funds from the FSM platform too. Best of all, no trading commission (though there's quarterly platform charges)

You can only access S&P500 through index fund (No ETF). you have tax relief because your money will aid singapore economy grow by either support the financial insitute or govt.

Pls note that SRS rules:

1) you can only withdaw at age 62 or face 5% penalty

2) you will be tax at 50% of withdrawal, to avoid tax you must not withdraw more than $40k p.a.

3) you must withdraw everything out within 10years
.

Thus If your SRS grow too big (more than $400k), you will definately get tax. So is either tax now or in the future. So no need to be too concern about the fees, if your plan is to contribute regularly to SRS to avoid heavy tax now. Especially if you are young, your $$$ got lot of time to compound to exceed $400k
.
With that said, below is your menu:

• Fixed deposits

• Singapore saving Bond

• Retirement plan

• Endowment plan

• Unit trust

.

• Index fund & ETFs

• Lion global infinity global stock index fund

• Lion global infinity US 500 stock index fund

• STI ETF

• Lion-phillips S-Reits

• ABF singapore bond index fund

• Lion ocbc hang seng tech etf

.

• Shares & Reits

• Any share listed in sgx

• plan through banks. Eg. OCBC blue chip saving plan

.

• Robo adviser