What is the CPF Investment Scheme (CPFIS) admission criteria for funds?
The admission criteria for the CPF Investment Scheme (CPFIS) funds are:
- Top quartile of global peer group
- Total Expense Ratio lower than the median of CPFIS funds in respective risk class
- 0% sales charge
- Preferably track record of 3 years
These criteria aims to raise the quality and lower cost of investments for funds included under the CPFIS.
You can refer to the reports on the performance of the CPFIS funds.