CPF SA/RA, A Bond Investment Product for the Middle Class
CPF SA/RA, A Bond Investment Product for the Middle Class As a Singaporean/PR, we should know that the CPF SA/RA is a compulsory savings and retirement scheme administered by the Singaporean government. It's also seen as a safe and reliable investment instrument because it's backed by the government. With a minimum return of 4.0% p.a. (4.08% p.a. as of 1st January to 31st March), the CPF SA/RA provides a bond like rate of return in the medium to long term, this is also why if an individual is looking to invest into bonds for their retirement, Singaporean and PR alike should look no further than to top up their CPF SA or RA to meet the minimum sum for their retirement needs if liquidity is not a concern. CPF Conservative Investment Approach CPF Funds are invested into Special Singapore Government Securities (SSGS) that are issued and guaranteed by the Singapore Government. The government takes the investment risk in managing the SSGS proceeds and ensure the CPF board will be ab