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trading of shares using CPF

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AK_Francis
    14-Jun-2009 17:56  
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http://www.sgx.com.sg

1....Login SGX.COM.SG, click Listed Companies(LC), third top menu on d left. Under LC, select Stock/Indices List. You will see View All CPF Investment Scheme,
Select d required CPFIS in alpha format. Then u will see stocks, right hand column, CPFIS column, those mark Y means it is CPF available stock for trading.

For ease of reference, ie in kopi tiam, fast food centres etc, u may find d data on CPF investment stcok in d Shares Investment Manual, available in alternate Mon. 15 ds mth is d no 359 edition, next would be 29 same mth. $6 a copy, 24 hr available in 7 Eleven. Alternatively, u may login http://www.Sharesinvestment.com  to sign in free n later subscribe it on line with $ 11 for half yr, delivery to your door step, Mon morning. In d web site, u may find some investment data useful.

2....Same with cash trading, all credit/debit, div & other entitlement would be dumpped inside your CPF via your investment bank, with delay, normally end of d mth for statement of account.

3....All d same except u need to pay admin fee for each counter handling by your investment bank. If not mistaken $3 per counter per qtr. BTW, make sure u have authorised your broking firm to trade your CPFIS stock direct and need not to apply via your investment bank as what it was practised in decades ago.

PS. BTW, not sure whether did u cut loss on your CPFIS stocks during the credit crunch, as then d CPF Ord Acc interest rate was still 2.5% whereas then commercial bank int was less than 1 %. And along d way, u buy back some when seeing recovery. If u miss it , small issue. Cheers.
 
 
integra
    14-Jun-2009 11:18  
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Hi All,

I had a few questions on using CPF to trade.Hope you all can clear my doubts.

1) How do i know which shares/Stocks can use CPF to trade?Any website that i can refer to?

2) Does all the profits(using CPF) directly credited in to my CPF accounts?(just like using cash.For profit,using cash.they will directly credited into my bank accounts)?

3) Is there any other diferent using CPF to trade as compared to using cash?(Like the commission and etc).

Thanks for clearing my doubts..May u all have a wonderful weekend..

 
 
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