Webinar: Launch of Amundi low-cost passive index funds for CPF

Watch the replay of the on-demand webinar

Chapters

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:

1. Why passive investing works and why investing your CPF-OA makes sense
2. The Endowus and Amundi partnership for CPFIS index funds
3. An introduction to the new Amundi passive index funds for CPF investing
4. How the Amundi index funds improve passive investment options for Singapore investors
5. 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).‍