If I hold a fund under the CPF Investment Scheme that does not meet the stricter criteria, when must I exercise the switching option?
Funds that are unable to meet the stricter criteria can only take in new CPF monies till December 2010, and you will be given up till 30 June 2011 to exercise the switching option.
In addition, a fund may decide to cease taking in new CPF monies earlier. If this happens, you have to exercise the switching option within the timeframe stipulated by the Fund Management Company/insurer in its communication letter to you.
This information is sourced from CPF
Related questions
What should I do if the funds that I am holding under the CPF Investment Scheme do not meet the stricter criteria by December 2010?
How will this harmonisation affect the funds included under CPF Investment Scheme?
Is it compulsory to keep switching funds under the CPF Investment Scheme if the funds which I am holding do not meet the stricter criteria?
How will I know whether the funds that I am holding under the CPF Investment Scheme do not meet the stricter criteria by December 2010?
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