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Closure of Fidelity SGD Class Funds
Due to small fund sizes which will result in administrative cost inefficiencies (and high costs for the unit holders), Fidelity has decided to close the following SGD class funds: Fidelity American Growth Fund A -SGD Fidelity Euro Balanced Fund A -SGD Fidelity European Fund A -SGD Fidelity European High Yield Fund A-SGD Fidelity Target 2020 […]
Removal of Funds from CPF Investment Scheme
With regards to unit trusts, CPF monies can only be used to buy funds which are included under the CPF Investment Scheme (CPFIS). The number of funds that can be purchased with money in the Special Account (SA) is much fewer than the number of funds that can be bought using money from the Ordinary […]