CPF Portfolio

1. With MoneyOwl, you can now invest your CPF, SRS and cash all in one place, digitally.
2. As with all our services, we keep costs among the lowest in a structural and sustainable way.
   • Besides charging no sales charge, MoneyOwl has co-created first-ever adviser trailer commission-free share classes for our CPF portfolios, which structurally lowers your costs by eliminating a huge portion of investing costs.
   • There is also no hassle in dealing with fee rebates or trying to reconcile performance with rebates received, or being subject to another advisory firm’s business strategy.
   • For 2022, we have further waived the advisory fee so that you can invest at even lower cost.
3. MoneyOwl has designed simple, no-frills and robust portfolios that deliver reliability in outcomes. We simplify and rigorously curate the best solutions for the purpose in mind, using a sound and consistent investment philosophy based on financial science, and avoid multiplying options through packaging and frills that cause confusion and increase costs. A comparison of the last 10 years’ performance across other digital CPFIS portfolios show that our simple, globally diversified portfolio with a pure passive equities solution have achieved similar, if not better, performance compared to portfolios with 6-7 funds. While past performance is not indicative of future performance, it demonstrates that simplicity can be better than variety.
4. We give you holistic and honest advice on CPF and planning as a whole, on which we are true experts – not just on CPF investments, but on the whole system. This means that we will not hesitate to advise you not to invest your CPF if you are better off leaving it in your CPF OA, as we have a holistic view. We also help you make sense of your options alongside other planning solutions, such as insurance.
5. We are a bionic financial planner, meaning we provide access to a large team of salaried advisers and investment professionals, on top of the robo.
6. Finally, financial planning is for the long haul. MoneyOwl, being not just a start-up but an NTUC social enterprise, is here to stay and journey with you and all Singaporeans. Even as you are concerned about growing your CPF now, you would have to review and adjust your plans along the way, and eventually plan for a good way of withdrawal. This is where a trusted, low-cost, comprehensive and home-grown adviser like MoneyOwl can come alongside you to provide the most suitable advice.

Your CPF Special Account (SA) earns risk free interest of up to 4% p.a. currently. At MoneyOwl, we generally do not recommend our clients to invest their SA savings, as it would be difficult to beat this return without taking on higher risk investments. Such investments with higher expected return are also currently unavailable under the CPFIS-SA scheme.

Investing your CPF is not for everyone and should be a carefully considered decision because your CPF OA savings earn a risk-free interest of 2.5% p.a. even if you do not do anything.

We recommend that you consider invest your CPF OA savings only if

• you have a long investment time horizon of at least 10 years
• you have the ability and willingness to stay invested through mid-level fluctuations (in a balanced portfolio with 60% equities and 40% bonds)
• you have set aside CPF OA monies that you may potentially use for housing purchases or children’s education or as an emergency mortgage-payment buffer should you not have income for about 6 months.

These are important considerations because you do not want to have to liquidate your CPF OA investments prematurely amidst short-term market volatility. We also ask you to consider if you would prefer to transfer your CPF OA savings to you or your family’s Special Account to build up retirement savings, provided you have not hit the necessary limits and are comfortable with this being an irreversible transfer.

In short, invest your CPF with the long term in mind and only with savings that you are quite confident you do not need to use within a short time frame. This will help you to achieve a positive investment experience to grow your retirement nest egg. A larger CPF balance will help you secure a higher CPF LIFE payout from the age of 65.

You can invest your CPF OA monies in a range of instruments such as unit trusts, endowment policies, shares, and gold. For the full range of products, you can refer to CPF website.

Under the CPFIS-OA, you can invest your OA savings above the first $20,000 in your OA. In addition, you can only invest up to 35% and 10% of your investible savings in stocks and gold, also known as the stock and gold limits. Investible savings refers to the sum of your OA balance and the amount of CPF you have withdrawn for investment and education.

The CPF Investment Scheme (CPFIS) lets you invest your Ordinary Account (OA) and Special Account (SA) savings in a wide range of investments to enhance your retirement savings.

To invest your CPF savings, you will need to be at least 18 years old, not an undischarged bankrupt and have completed the CPFIS Self Awareness Questionnaire if you are investing your CPF for the first time.