What is the CPF Investment Scheme (CPFIS) admission criteria for funds?
The admission criteria for the CPF Investment Scheme (CPFIS) funds are:
 
  1. Top 25 percentile of funds in the global peer group
  2. Total Expense Ratio (TERs) must not exceed the TER caps in the various risk categories:
Risk CategoriesExpense Ratio Criterion (%)
Higher Risk1.75
Medium to High Risk1.55
Low to Medium Risk0.95
Lower Risk0.35
  1. 0% sales charge
  2. Preferably have track record of good performance for at least three years
These criteria aims to raise the quality and lower cost of investments for funds included under the CPFIS.

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