LIST OF GOLD EXCHANGE TRADED FUNDS (ETFS) INCLUDED UNDER THE CPFIS
1. SPDR Gold Shares (under SGX trading name "GLD 10US$").
CRITERIA FOR GOLD ETFS INCLUSIONS
In considering the inclusion of Gold ETFs under CPFIS, the Board uses the following criteria:
(i)	The gold ETF is backed by physical gold that meets the London Good Delivery Rules issued by London Bullion Market Association (or other equivalent globally accepted standards);
(ii)	The gold ETF is offered by a Singapore-incorporated company (for locally constituted gold ETF authorized by MAS) or through a local representative (for foreign gold ETF recognized by MAS);
(iii)	The gold ETF is listed on the SGX; and
(iv)	The company allows CPF investors, who have pre-registered with CPF Agent Banks, to attend their shareholders'/ unitholders’ meetings (if any) as observers.
The criteria for a local representative to offer foreign gold ETF are:
(a)	Must be a company incorporated in Singapore;
(b)	Must provide CPF Board a copy of the representative agreement evidencing the appointment of the representative by the foreign gold ETF issuer or marketing agent;
(c)	Provide evidence of indemnity mechanism (such as back-to-back agreement) put in place between the representative and the foreign issuer/marketing agent, allowing the representative to have recourse to the foreign issuer/marketing agent if the latter does not discharge its duties, obligations and responsibilities with due care and in good faith;
(d)	Have good regulatory compliance record in Singapore; and
(e)	Have sound financial position.