Now, you can invest your CPF in a fund that's managed by one of the world's largest passive fund managers - Vanguard.
The newly included fund - Infinity Global Stock Index Fund - is available immediately and is sub-managed by The Vanguard Group, a leader in passive investment products, one of the world's largest providers of mutual funds and the second-largest provider of exchange-traded funds (ETFs).
The Fund is wrapped and distributed by local fund manager Lion Global Investor, a member of the Oversea-Chinese Banking Corporation Limited (OCBC) Group.
CPF members with Endowus will enjoy two key benefits from the availability of this Fund:
- It is the first time CPF members can invest in a passive index fund for developed markets with CPF savings. This means that you have the low-cost option of having a diversified passive indexed investment in global developed equities. It is now the most diversified fund included under the CPF Investment Scheme (CPFIS).
- Through Endowus' advised portfolios, which now includes this passive fund, clients can access the lowest cost, globally diversified portfolio with their CPF savings at optimised levels of risk. They will enjoy the exclusive access and the benefit of Endowus' low flat fee of 0.40% per annum, with no sales charges or transaction fees, and 100% rebates on trailer fees for all CPF investments through Endowus.
With the inclusion of this new fund into your CPF equities portfolio, our recommended portfolio will be made up of a total of four SGD-denominated funds, with two being Vanguard-managed passive funds. These are the only two passive funds available to CPFIS investors in their OA accounts. These funds help to reduce costs, improve returns and reduce volatility and tracking error for the overall equities allocation, thereby further improving the globally diversified low-cost portfolios that Endowus provides to you.
The below table shows some basic information on the new portfolios.
Our Chairman and Chief Investment Officer, Sam Rhee, explains in greater detail how the new portfolio will make a difference to your long-term investment goals in his blog article.
Open an account with Endowus today to take advantage of the benefits of the new portfolio as we help people invest better to live easier today, and better tomorrow.
For the prospectus and fund rationale on the Infinity Global Stock Index Fund and more information, please click here. For FAQs, please click here.
View our webinar series as we discuss strategies to maximising your CPF investments.
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