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4 Singapore Stocks Yielding More Than Your CPF Balance
By The Smart Investor  •  December 2, 2022
The Central Provident Fund (CPF) scheme offers an effective way for Singaporeans to save up for retirement. The Ordinary Account (OA) bears an interest rate of 2.5%, with an additional 1% for the first S$20,000. This means that savers can earn a maximum of 3.5% on their first S$20,000 in the OA, while all amounts above this threshold earn 2.5%. What’s more, the CPA OA can also be used for investments by opening a CPF Investment Account if you are willing to take additional risk. However, some investors may feel that the yield offered by the CPF OA is too low. We introduce four Singapore stocks, two REITs and two non-REIT companies, that offer a higher yield than that provided by the CPF OA. Frasers Logistics & Commercial Trust (SGX: BUOU) Frasers Logistics & Commercial Trust, or FLCT, owns a portfolio of 105 industrial and commercial properties worth around S$6.7 billion as of 30 September 2022. These properties are located in five countries – Singapore, the UK, Australia, the...
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By The Smart Investor
The Smart Investor is co-founded by David Kuo, Joanna Sng, and Chin Hui Leong. The company was formed in late 2019 from the ashes of the Motley Fool Singapore. The Smart Investor believes that everybody can learn how to invest, smartly. We aim to educate people on how to invest smartly by providing investing education, stock commentary and market coverage for Singapore and around the world.
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