No one can guarantee that investments under the CPF Investment Scheme will always be profitable. CPF members have to decide for themselves how to invest their savings, and what risks to accept, and exercise prudence and care in investing their CPF savings to ensure their financial well-being after retirement. If they are not confident of investing on their own, they should leave their money in their CPF account which earns interest and is risk-free.

CPF Investment Scheme

CPF members may invest their Ordinary Account balance under the CPF Investment Scheme - Ordinary Account (CPFIS-OA) and their Special Account balance under the CPF Investment Scheme - Special Account (CPFIS-SA).

Frequently Asked Questions (FAQs) on CPF Investment Scheme..> Frequently Asked Questions (FAQs) on Merger of Academic Staff Provident Fund Approved Investment Scheme (ASPFAIS) with CPF Investment Scheme (CPFIS)..> Frequently Asked Questions (FAQs) on Risk Classification System..>

Investment Categories	Information
Insurance	List of Insurance Companies List of Investment-Linked Products (ILP) Sub-funds: - List A ILPs (0.02MB) - All ILPs (List A and List B) (0.03MB) Performance and Risk Monitoring Report For Investment-Linked Products (ILP) Sub-funds - (before 2nd Quarter 2002) - (2nd Quarter 2002 onwards) Admission Criteria and Guidelines
Unit Trusts	List of Fund Management Companies List of Local Representative of Recognised Funds under CPFIS List of Unit Trusts (UTs): - List A UTs (0.03MB) - All UTs (List A and List B) (0.03MB) Performance and Risk Monitoring Report For Unit Trusts - (before 2nd Quarter 2002) - (2nd Quarter 2002 onwards) Admission Criteria and Guidelines
Exchange Traded Funds (ETFs)	List of ETFs (in Risk Classification Table)
Fixed Deposits	List Of Fixed Deposits Banks Admission Criteria
Bonds and Treasury Bills	List of Bonds and Treasury Bills and Admission Criteria
Shares	List of Shares and Admission Criteria
Property Funds	List of Property Funds and Admission Criteria
Gold	List of Gold Exchange Traded Funds (ETFs) and Admission Criteria
Service Provider	Information
Investment Administrators	List of Investment Administrators Admission Criteria

The CPF Education Scheme is a loan scheme which helps members finance their children’s or their own full-time basic tertiary education at the approved local institutions.

The scheme covers all approved full-time undergraduate courses leading to a degree at Nanyang Technological University, National University of Singapore, and Singapore Management University; and approved full-time diploma courses at LaSalle-SIA College of the Arts, Nanyang Academy of Fine Arts, Nanyang Polytechnic, Ngee Ann Polytechnic, Singapore Polytechnic, Temasek Polytechnic and Republic Polytechnic.

CPF members may use up to 40% of their accumulated Ordinary Account savings (excluding amounts withdrawn for housing) or the remaining balance in the Ordinary Account after setting aside amounts reserved for housing or other schemes (if any), whichever is the lower.

Part-time studies, postgraduate courses and overseas education are not included in the scheme.

To make Singaporeans a share-owning society and give Singaporeans a greater stake in the country, Singaporean CPF members were able to buy Discounted Singapore Telecom (SingTel) shares in 1993 (ST "A" shares) and 1996 (ST2 shares).

Members who held on to their discounted SingTel shares were entitled to loyalty shares.

Loyalty Shares were given on the first, second, fourth and sixth anniversaries of both SingTel Share Offers. Thus, Loyalty Shares from the first offer were fully given in 1994, 1995, 1997 and 1999. Loyalty Shares from the second offer were also fully given in 1997, 1998, 2000 and 2002.