Under CPFIS-OA: (a) Up to 35% of investible savings may be invested in shares, property funds and corporate bonds. (b) Up to 10% of investible savings may be invested in gold. (c) The limits are computed on the raw OA balance. (d) Gold exchange traded funds count towards the 10% gold limit, not the 35% limit. Which of the following are CORRECT?
RES 1B guide Table 6.2.1; CPF Board. Up to 35% of investible savings may go into shares, property funds and corporate bonds, and up to 10% into gold (gold ETFs and other gold products). Investible savings is the OA balance plus CPF already withdrawn for investment and education, so the limits are not computed on the raw OA balance. Unit trusts, ILPs and non-gold ETFs fall outside both limits.
Investible savings adds back CPF already withdrawn for investment and education; gold ETFs sit in the 10% gold limit, not the 35% limit.
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