Investing in ETFs through SRS account

Enjoy exciting rewards when you invest in ETFs with your SRS funds, from now till 31 Jan 2024! For every S$5,000 you invest in eligible ETFs using your SRS funds, you'll receive a S$50 shopping voucher. You can earn up to 4 vouchers, with a total value of S$200.

 

What are ETFs?

Exchange Traded Funds (ETFs) are investment funds traded and listed on a stock exchange. They track the performance of an index and give investors access to a range of markets and asset classes like Equities, REITs, Bonds and Commodities. Instead of buying a handful of individual stocks and bonds, investing into ETFs offer investors the opportunity to build a well-diversified portfolio with a relatively small capital outlay. 1

 

Advantages of investing into ETFs:

 

The Supplementary Retirement Scheme (SRS) is a government-led initiative to help Singaporeans prepare for old age by building their retirement nest in advance. SRS complements the Central Provident Fund (CPF) and is voluntary. The SRS offers attractive tax benefits as contributions to SRS are eligible for a dollar-to-dollar tax relief, up to a personal income tax relief cap of S$80,000 per Year of Assessment2. SRS account holders can invest in any ETFs that are listed on SGX.

For full list of eligible ETFs, click here

 

1   Visit here for more information about investing in ETFs.

2   Visit here for more information about investing your SRS Funds.

 

 

To find out more, please contact your Trading Representatives. If you do not have a Trading Representative, feel free to reach out to us at clientservices.sg@cgsi.com