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Can I Use My SRS Funds To Buy US Stocks and ETFs? (Solved)
By Financially Independent Pharmacist  •  May 2, 2021

Last updated on November 27th, 2021

You may have transferred some funds into your SRS account to reduce your taxable income. Your SRS funds can be used for a wide variety of investments. However, can it be used to buy US stocks and ETFs? Here’s what you need to know.

Can I use my SRS funds to buy US stocks and ETFs?

Most SRS-approved brokers only allow you to buy stocks or ETFs that are listed on the Singapore Exchange (SGX). As such, it is not possible for you to buy stocks that are listed on US stock exchanges. You can, however, buy a SGX-listed ETF that tracks an index of the US stock market. Here are some brokers in Singapore which allow you to invest your SRS funds: FSMOnePOEMSDBS VickersOCBC SecuritiesUOB Kay HianLim and Tan There are some brokers who operate in Singapore, but do not offer you...
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By Financially Independent Pharmacist
I’m a current Pharmacy undergraduate in NUS who is passionate about personal finance. I strongly advocate everyone to become more financially literate. Personal finance is such an important skill, yet it is not being taught in schools.
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