Fund Documents

Our unit trust fund documents:

* Funds included for investment under CPF Investment Scheme OA

The CPF Board currently pays a legislated minimum annual interest rate of 2.5% on monies in the CPF ordinary account. The CPF interest rate is based on the 12-month fixed deposit and month-end saving rates of the major local banks and is revised by the CPF Board quarterly. The interest is computed monthly and is credited and compounded annually. From 1 January 2008, the new interest rate for the Special, Medisave and Retirement Accounts (SMRA) is pegged to the 12-month average yield of 10-year Singapore government securities (10Y SGS) plus 1%. For 2008 and 2009, the minimum interest rate for SMRA will be 4.0% per annum. After 2009, the 2.5% per annum interest rate, as prescribed by the CPF Act will apply to SMRA.
From 1 April 2008, the first $20,000 cannot be invested from the Ordinary Account. To invest under the CPFIS-OA, a minimum sum of $20,000 in your Ordinary Account must be set aside before the remaining savings in your Ordinary Account can be used for investments. This restriction is in place because of an extra 1% interest that will be paid on the first $60,000 of a member's combined balance, with up to $20,000 from the Ordinary Account. Subscriptions using CPF monies shall at all times be subject to the regulations and such directives or requirements imposed by the CPF Board from time to time.
Source: © 2007 Morningstar, Inc. All rights reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results.

Note: Investment involves risk. Past performance figures shown are not indicative of future performance. Investors should read the prospectus for details before deciding to invest. Note: The capital protected funds are closed to new subscription. The capital protection in relation to each fund only applies to investors who hold the investment until the maturity date of each fund, dealings before such date are fully exposed to fluctuations in the value of the fund's assets. The funds are subject to the liquidity risk of their underlying investments. Investors redeeming prior to maturity will bear certain fees and expenses charged up-front for the whole investment period of the relevant fund. These include the whole investment period's fees of the Manager and the Trustee. Early redemption may result in investors receiving less than their original investment.

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