Tuesday, September 28, 2010

CPF Investment Scheme

A CPF members can invest the savings in the ordinary and special account under the CPF Investment scheme to earn a better yield (hopefully) compared to the interest paid by the CPF. Here are some details of this scheme.
www.tankinlian.com/latest.aspx

From 1 January 2011, the approved funds must meet the following 4 criteria:
  •          Lower expense ratios
  •          3 per cent cap on sales charges
  •          Three-year track record
  •          Top-quartile performance ranking among their global peers.