The original version of this article first appeared in The Business Times Since Oct 1, 2020, sales fees are cut to zero and wrap fees to 0.4%. Here are the implications for your CPF investments We all know that being diversified, patient, and fee-conscious can allow investors to harvest the power of markets and compounding over the long term. But we also know that CPF investors, who by default should be long-term, have had lacklustre investment performance. The latest CPF Investment Scheme - Ordinary Account (CPFIS-OA) Profits/Losses Reports as of Q3 2019, which does not include the market volatility induced by Covid-19, shows us that only 60 per cent of CPFIS-OA investors managed to beat the CPF-OA guaranteed rate of 2.5 per cent per annum over a five-year period. Anything above the first S$20,000 in your CPF Ordinary Account is investible into professionally managed products, such as unit...