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22 October 2023

Lianhe Zaobao discusses how individuals may fully utilise their SRS account while maximising their savings. Besides reducing taxable income by the same amount contributed to their SRS account, one could also maximise their wealth by investing their SRS funds. Hugh Chung, Endowus Chief Investment Advisory Officer, advises investors to have a clear understanding of the pros and cons of each financial instrument, as they often come with trade-offs involving yield, lock-ups, duration, minimum or maximum investment amounts, and transaction fees.

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