Register for the webinar
Be the first to know about about Amundi's low-cost passive index funds exclusive on Endowus Fund Smart, the most affordable way to passively invest your CPF in Singapore.
Watch the replay of the on-demand webinar
00:00 Introduction to the session
01:40 Introduction to Amundi
04:58 Improve your financial knowledge with Endowus
05:47 Amundi low-cost passive index funds for CPF
10:20 Working closely with Amundi over many years
13:18 What is passive investing and how is it different
17:28 A highly efficient way to invest your cash, SRS and CPF
19:12 The first truly low-cost passive index funds in CPF
23:16 Cost efficient portfolios with low tracking errors
27:00 Amundi Index MSCI World Fund & Amundi USA Prime Fund
31:09 Top considerations before investing your CPF monies
33:29 Should I invest with my CPF? Here’s how to decide
36:19 Overview of Amundi funds available on Endowus
37:04 Key differences between unit trusts and ETFs
44:14 Q&A and addressing the top questions
Read more: Amundi low-cost passive index funds now available for CPF, exclusively on Endowus Fund Smart
About the session
Endowus, the first digital advisor for CPF, is excited to introduce two lowest-cost passive index funds for CPF investing from Amundi, as we continue to source for world-class investing options for the CPF Investment Scheme (CPFIS). They are the Amundi Prime USA Fund and the Amundi Index MSCI World Fund — and are available exclusively on the Endowus Fund Smart platform.
These are the lowest-cost funds on the CPFIS, with a total expense ratio of 0.05% and 0.10% respectively. They are more affordable than all Singapore-listed ETFs and most UCITS ETFs.
The two passive index funds are managed by Amundi, the largest European fund manager and leading passive index provider with over $2 trillion in assets under management.
In this launch webinar, join Samuel Rhee, Chairman and Chief Investment Officer, Endowus; Albert Tse, CEO, South Asia, Amundi; and Sunny Leung, Head of ETF, Indexing and Smart Beta, South Asia, Amundi, as they discuss the following:
- Why passive investing works and why investing your CPF-OA makes sense
- The Endowus and Amundi partnership for CPFIS index funds
- An introduction to the new Amundi passive index funds for CPF investing
- How the Amundi index funds improve passive investment options for Singapore investors
- Why CPF investors should consider these Amundi passive index funds
About the speakers
Samuel Rhee, Chairman and Chief Investment Officer, Endowus
Samuel Rhee is Chairman of Endowus, a leading digital wealth platform in Asia. He is the former CEO and CIO of Morgan Stanley Investment Management in Asia, with 29 years of institutional investing experience in Singapore, Hong Kong and London.
As Endowus’ Chief Investment Officer, Sam heads the Investment Office and ensures holistic portfolios for every investor. He is also responsible for the company’s asset allocation and investment selection across all offerings. He is a firm believer that individuals should have access to the same knowledge and resources that are made available to institutional investors.
Endowus solves the biggest problems of wealth and investing, and retirement adequacy, leading to the firm becoming the first and only digital advisor for CPF investing in Singapore.
Albert Tse, CEO, South Asia, Amundi
Albert Tse is CEO of Amundi South Asia since 1 November 2021. Albert was most recently Head of Distribution Sales and Marketing for Amundi in South Asia since 2019. Prior to that he was Head of Intermediary Business of Southeast Asia and Head of Malaysia & Thailand Businesses at Schroders. Albert joined Schroders in 2003 as a member of the Mutual Funds Retail sales team for Singapore. In 2008, He was appointed as Head of Intermediary Distribution, Singapore and in 2010 he assumed wider responsibilities as Head of Intermediary Business, Southeast Asia. He was also responsible for private banks business development in Asia from 2014 to 2017. Prior to joining Schroders, Albert spent 2 years at Barclays Capital in Singapore with the Foreign Exchange and Derivatives sales desk.
Albert holds a Bachelor Degree in Business from the Nanyang Technological University and a Master Degree in Finance from University of Manchester Institute of Information & Technology (UMIST) and Manchester Business School (MBS). He is also a CFA and CAIA Charterholder. Albert has been an IBF Fellow since 2018 and the Chairman of the IMAS Human Capital Committee since 2012, starting out as a member since 2005.
Sunny Leung, Head of ETF, Indexing and Smart Beta, South Asia, Amundi
Sunny has more than 10 years of experience in the ETF field. Before joining Amundi in February 2017, he worked at State Street Global Advisors Singapore since 2013, where he was responsible for Business Development and Client Services of SPDR ETFs in Asia ex Japan. Prior to that, Sunny worked at Vanguard Investment Hong Kong. From 2011 to 2012, he worked at Credit Suisse Asset Management on ETF product sales and concurrently at ICBC Credit Suisse Asset Management, CS's joint venture in China, doing relationship management.
Sunny began his career in 2007 at Lyxor Asset Management. Sunny has a Master of Science in Investment Management at the University of Science and Technology of Hong Kong (2012).
Investment involves risk. Past performance is not necessarily a guide to future performance or returns. The value of investments and the income from them can go down as well as up, and you may not get the full amount you invested. Rates of exchange may cause the value of investments to go up or down. Individual stock performance does not represent the return of a fund.
Any forward-looking statements, prediction, projection or forecast on the economy, stock market, bond market or economic trends of the markets contained in this material are subject to market influences and contingent upon matters outside the control of Endowus Singapore Pte. Ltd. (“Endowus”) and therefore may not be realised in the future. Further, any opinion or estimate is made on a general basis and subject to change without notice. In presenting the information above, none of Endowus, its affiliates, directors, employees, representatives or agents have given any consideration to, nor have made any investigation of the objective, financial situation or particular need of any user, reader, any specific person or group of persons. Therefore, no representation is made as to the completeness and adequacy of the information to make an informed decision. You should carefully consider (i) whether any investment views and products/ services are appropriate in view of your investment experience, objectives, financial resources and relevant circumstances. You may also wish to seek financial advice through a financial advisor or the Endowus platform and independent legal, accounting, regulatory or tax advice, as appropriate.
Investment into collective investment schemes: Please refer to respective funds’ prospectuses for details of the funds, their related fees, charges and risk factors. The listing of units of the fund on a stock exchange does not guarantee a liquid market for the units. Before making an investment decision, you are reminded to refer to the relevant prospectus for specific risk considerations.
For Cash Smart Secure, Cash Smart Enhanced, Cash Smart Ultra: It is not a bank deposit and not capital guaranteed, and is subject to investment risks, including the possible loss of the principal amount invested. Investment products are not insured products under the provisions of the Deposit Insurance and Policy Owners Protection Schemes Act 2011 of Singapore and are not eligible for deposit insurance coverage under the Deposit Insurance Scheme. Interest rates are indicative and subject to change at any time.
Product Risk Rating: Please note that any product risk rating (the “PRR”) provided by us is an internal rating assigned based on our product risk assessment model, and is for your reference only. The PRR is subject to change from time to time. The PRR does not take into account your individual circumstances, objectives or needs and should not be regarded as advice or recommendation to purchase, hold or sell any fund or make any other investment decisions. Accordingly, you should not solely rely on the PRR in making your investment decision in the relevant Fund.
This advertisement has not been reviewed by the Monetary Authority of Singapore.