The best SRS and CPF-OA investment in 2025
There are new ways to invest your SRS and CPF-OA funds in global index funds at low cost! All thanks to MoneyOwl and POEMS!
PERSONAL FINANCEINVESTMENTSSRS
Remember what I said previously about not using SRS for investing in unit trusts through roboadvisors? There is now an alternative!
MoneyOwl has partnered Phillip Securities to offer four passive Amundi index funds via POEMS (Phillip Securities' trading platform). These are available for investment using cash, SRS or CPF-OA funds.
What does this mean for investors? Let's break it down!
What are the four funds?
MoneyOwl has more information on the four funds, but I've summarised the key information in the table above.
Generally, these four funds are broadly diversified. The equity funds invest in the largest companies of developed/emerging markets, while the bond fund gives exposure to investment-grade bonds across developed and emerging markets.
Lower Fees
Previously, you could only invest in those funds through Endowus. Endowus charges a fee of 0.3% for investing in a single fund, and this translates to a $30 fee annually for every $10000 parked with Endowus.
$30 may not be a large sum, but the amount of fees paid will only grow as your investments compound. For investors with more than $100000 in combined CPF-OA and SRS balances with Endowus, that means paying at least $300 in fees annually (even if there's no activity).
With POEMS, you will not be paying any platform fees, sales charge etc when investing in these four funds (these are unit trusts). POEMS charges nothing!
Returns are never guaranteed, while fees are.
What should you do?
If you are investing in any of the four funds with Endowus, I see very little reason to stay with Endowus.
The four Amundi funds have low expense ratio, and you will not be paying any fees while investing in them via POEMS.
I do not recommend investing in these funds using cash, but for SRS and CPF-OA funds, these four funds are as good as it gets (for now).