Singapore's first and only digital advisor for Central Provident Fund (CPF) monies awarded both 'Singapore Rising Star' and 'Singapore Fintech Innovation in Asset Management' at awards organised by Asia Asset Management SINGAPORE, Feb. 5, 2021 /PRNewswire/ Endowus, one of Singapore's leading MAS-licensed investment platforms, won two accolades at Asia Asset Management's Best of the Best Awards 2021: The.
Underlying funds risk profile comparison
Before we start, it is important for you to know more about the difference in the risk of the cash management products these funds invest in from cash funds, money market funds (MMF) to short-duration bond funds.
An important thing to note is that these cash management accounts are investment products, which means your capital is not guaranteed by Singapore Deposit Insurance Corporation (SDIC).
In the fund space, cash funds are the safest asset class amongst these three funds. For this asset class, the fund generally invests in a diversified portfolio safe institutional bank fixed deposits and treasury bills. the cash fund has the lowest downside risk compared to the other two funds.
0.4 per cent
If you already know all there is to know about ETFs and index funds, feel free to skip straight to the ETF section by clicking on the name of the ETF you like.
Otherwise, read on for some 101s on what on earth this whole ETF thing is about.
Why would you invest in ETFs in Singapore?
Okay, so you probably know that you can buy stocks or shares in companies, right?
For example, you can buy a bunch of Singtel shares in the hopes that the share price will go up in the future, and/or Singtel will share their profits with you in the form of juicy dividends.
January 09, 2021
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What does it take for one to get wealthier in Singapore? Here are eight ways to get one, nay, eight steps closer to the holy grail of personal finance.
Financial independence, retire early also known as FIRE is a popular financial goal of many.
From robo-advisors, digital banking, CPF, Supplementary Retirement Scheme (SRS), or through the help of your financial advisor, there are dozens of ways a savvy Singaporean can plan for and work towards financial independence.
The Singapore government is also paving the way to help Singaporeans better track and take charge of their finances, particularly with the launch of SGFinDex, a service that helps individuals consolidate all financial information from different financial institutions and government agencies, onto a single platform.