CPF investments at 0% sales charge

We understand that the first $20,000 in both the CPF OA and SA accounts will no longer be allowed for use in the CPF Investment Scheme, starting April 1, 2008, although investments made prior to this date will not be affected*. Did you know that sales charges at dollarDEX on some low-risk funds are 0%, including some under CPFIS listed below?

• Lion Capital Singapore Fixed Income Investment A Fund
  This fund is available for CPFIS OA and SA investment. According to the February 2008 Issue of the factsheet the fund returned 4.9% over the preceding 1 year**, and the fund size at 31 January 2008 was S$55.2 million.

• DBS AM Enhanced Income Fund
  This fund is available for CPFIS OA investment. According to the February 2008 Issue of the factsheet the fund returned 2.80% over the preceding 1 year** and the fund size at 31 January 2008 was S$409.85 million.

• UOBAM Optimix SGD Fund This fund is available for CPFIS OA and SA investment. According to the February 2008 Issue of the factsheet the fund returned 3.17% over the preceding 1 year** and the fund size at 31 January 2008 was S$32.34 million.

So open an account now, then invest when you are ready, without any hassle. A single account opening process allows you to invest with cash, CPF OA, CPF SA and SRS*. There are no fees to open or maintain an account.

*Investments under CPFIS OA require you to have a CPFIS investment account. For exact rules regarding use of your CPF savings please confirm with CPF Board. SRS investments require you to have an SRS account.
** NAV bid-to-bid performance, with dividends and distributions reinvested, if any.