What are the new Total Expense Ratio (TER) caps?
The new Total Expense Ratio1 (TER) caps are as follows:
|
Risk Categories |
New TER Caps (%) |
|
Higher Risk |
1.75 |
|
Medium to High Risk |
1.55 |
|
Low to Medium Risk |
0.95 |
|
Lower Risk |
0.35 |
For CPF Investment Scheme List A funds, fund managers/insurers are not allowed to charge expenses more than the TER caps.
1 Guidelines on the computation of expense ratio can be found in the Investment Management Association of Singapore (IMAS) website.
This information is sourced from CPF
Related questions
How are the new Total Expense Ratio (TER) caps determined?
How will CPF investors benefit from the reduced Total Expense Ratio (TER) caps?
Why is CPF Board reducing the Total Expense Ratio (TER) caps?
What is the relevant reporting period (of audited expense ratio) that fund managers are required to submit?
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