(A) From 1 April 2008, you will not be able to invest the first $20,000 in your Ordinary Account and first $20,000 in your Special Account. To invest under CPFIS-OA, you will have to set aside $20,000 in your Ordinary Account before the remaining savings in your Ordinary Account can be used for investments. Similarly, this applies for your Special Account as well.
(B) From 1 May 2009, CPF members must first set aside $30,000 in their Special Account (SA) before they can invest their SA monies under CPFIS.
For more information :
(i) CPF Investment Scheme by CPF Board
(ii) View list of approved stock under CPF Investment Scheme
(iii) FAQs on trading
Note:
All CPF trades will be settled in SGD. If you are buying / selling "SPDR GOLD SHARES" (traded in USD), the settlement currency will always be SGD.
Do remember to select the settlement currency as SGD each time when you submit order online. If you are placing the trade through your dealer, you are requested to inform the dealer on the settlement currency as "SGD" each time.
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