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Will a fund be excluded from CPF Investment Scheme due to not meeting the Total Expense Ratio cap subsequent to the inclusion?
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Source: https://www.cpf.gov.sg/memberThe fund will remain under CPF Investment Scheme (as List B fund) but it will not be allowed to take in CPF new monies. However, the company will have to provide the fund’s investors with options to hold, redeem or make free switches within 3 months from informing the CPF Board of not meeting Total Expense Ratio caps.
This information provided here is sourced from the CPF website.
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