1Source: IMF, 2024. Estimates are as at the date indicated and may change at any time. They are made on a general basis and actual events or results may differ materially.
2Source: Bloomberg, July 2024. Data shown for illustrative purposes only. No assumptions regarding future performance should be made.
Disclaimer
Important: The information in this document is not for general circulation and should not be considered an offer, or solicitation, to deal in the fund(s). The information is provided on a general basis for information purposes only, and is not to be relied on as investment, legal, tax or other advice, as it does not take into account the investment objectives, financial situation or particular needs of any specific investor.
The CPF interest rate for the Ordinary Account (‘OA’) is based on the legislated minimum interest of 2.5% per annum, or the 3-month average of major local banks’ interest rates, whichever is higher. In addition, the CPF Board pays an extra interest rate of 1% per annum on the first $60,000 of a CPF member’s combined balances (with up to $20,000 in the OA). CPF members aged 55 and above will also earn an additional 1% extra interest on the first $30,000 of their combined balances (with up to $20,000 in the OA). This is paid over and above the current extra 1% interest that is earned on the first $60,000 of their combined balances. The first $20,000 in the OA will not be allowed to be invested under the CPF Investment Scheme.
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Investors should read the prospectus of fund(s) as well as the product highlights sheet, before deciding whether to invest in units of the fund(s). The prospectus and product highlights sheet are available and can be obtained from abrdn Asia or its website at www.abrdn.com/en-sg/investor or any of its appointed distributors in Singapore. Advice should be sought from a financial adviser regarding the suitability of the fund(s) before purchasing units in the fund(s). In the event that you choose not to seek advice from a financial adviser, you should consider whether the fund(s) is/ are suitable for you.
The fund(s) as well as its underlying fund(s) may use or invest in financial derivative instruments. Please refer to the prospectus of the fund(s) for more information.
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