How frequent will CPF Board assess whether a fund can or cannot take in CPF monies?
CPF Board will assess whenever a fund’s audited financial statements become available (i.e. yearly basis for most funds). A company that wishes to have its fund assessed more frequently may submit to CPF Board the fund’s semi-annual audited financial statements according to its accounting period. The company must ensure that all subsequent published Total Expense Ratios (TERs) of its funds are also in line with the TER cap.

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