CPF Investment: Passive Income Guide for All Singaporeans

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(Last Updated On: January 23, 2018)

In Singapore, the CPF (Central Provident Fund) is a compulsory comprehensive savings plan for working citizens and permanent residents of Singapore primarily to fund their retirement, healthcare, and housing needs. The CPF is an employment based savings scheme with employers and employees contributing a mandated amount to the Fund. Lots of Singaporeans do not use their CPFs to invest, due to inexperience or no time to find out more. Another reason is that there is an average interest rate of 2.5% to 4% annually for those who with CPF account. This simple CPF investment infographic will help those with CPF in Singapore find out what they are entitle to and to further increase their retirement funds in the future. Do note that whatever is used in the CPF, must be put back with interest or profits that one has done with the investment. This is still a retirement, healthcare and housing fund. There’s a list of regulated funds and investment tools by CPF, all of them are investments or shares that’s Singapore based companies. Below are the summary of what can be invested;

1) Unit Trust
2) Investment-Linked Insurance Products
3) Annuities
4) Endowment Policies
5) Singapore Government Bonds
6) Treasury Bills
7) Exchanged Traded Funds
8) Funded Management Accounts
9) Shares
10) Property Funds
11) Gold ETFs
12) Other Gold Products (Such as gold certificates, gold savings account, physical gold)

Infographic Source: https://www.collinseow.com/cpf-investment

 

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