This is our new series where we compare CPF against other financial assets.
Today, we are comparing CPF SA against the Nikko AM Singapore Straits Times Index (STI) ETF (G3B.SI).
If there are other assets you would like us to compare against next, let us know in the comments below.
CPF Assumptions:
From Feb 2009 to Dec 2019 $100 is contributed into CPF via the Retirement Sum Top Up Scheme (RSTUS).The money earns 4% p.a. interest and the extra CPF interest is excluded for simplicity sake. In reality, the CPF returns would be higher than what is calculated due to the extra bonus interest (up to 6% in total).STI ETF (G3B.SI) Assumptions:
From Feb 2009 to Dec 2019, $100 is contributed into a Regular Shares Savings (RSS) plan every month to buy STI ETF (G3B.SI).Shares are bought at the end of the month closing price and the plan charges a 0.88% transaction fee (OCBC Blue Chip...