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As yields of Singapore Savings Bonds could be easing, make sure to put CPF funds to good use

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The CPF Investment Scheme (CPFIS) has a list of growth assets, exchange-traded funds (ETFs), and unit trusts that can be invested, using CPF savings.

The CPF Investment Scheme has a list of growth assets, exchange-traded funds, and unit trusts that can be invested, using CPF savings.

PHOTO: LIANHE ZAOBAO FILE

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Money has been pouring into CPF accounts via top-ups in 2022 as members searched for a better return on their cash although attractive interest rates on non-CPF financial products may be eating away at that strategy.

The CPF Board said in October that

CPF voluntary top-ups reached $3.5 billion

for the first three quarters of 2022, $84 million higher than the amount received for the same period in 2021.

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