Srs investment options

What if the rates are lower? How does SSB work? Additionally, a 5 per cent penalty for premature withdrawals will also be imposed. This is the bond rate for October

Giving to Receive

Inestment Supplementary Retirement Srs investment options SRS is a government scheme that helps you enjoy tax savings on the funds you contribute while saving up for a comfortable retirement. Contributions into your SRS Account may be used to purchase various investment instruments to earn potentially higher returns. Ivestment is recommended that investors take a long-term approach to their investments, especially as the aim of investing with SRS funds is to plan for a more comfortable retirement. This includes diversifying your portfolio and avoiding unnecessary risks. Here are 6 options that will enable you to grow your funds in your SRS Account:.

Supplementary Retirement Scheme could also provide some tax savings

The skills required to do so include valuation, negotiation, due diligence and marketing expertise. We work with investors that are looking for top-tier solutions to help bring them into the retail real estate holdings market or investors that want to sell retail assets or entire portfolios. Whether you are buying or selling, SRS has the teams dedicated to retail investment services to help you maximize returns on your investments. SRS helps owners and developers divest of retail assets to book big gains or to help jettison underperforming assets from your portfolio. They work diligently to analyze current market data gathered through public and proprietary resources. We thoroughly evaluate the property and perform due diligence that assists in determining a pricing strategy.

The Very Short A-Z of SRS

The Supplementary Retirement Scheme SRS is a government scheme that helps you enjoy tax savings on the funds you contribute while saving up for a comfortable retirement. Contributions into your SRS Account may be used to purchase various investment instruments to earn potentially higher returns. It is recommended that investors take a long-term approach to their investments, especially as the aim of investing with SRS funds is to plan for a more comfortable retirement.

This includes diversifying your portfolio and avoiding unnecessary risks. Here are 6 options that will enable you to grow your funds in your SRS Account:. These plans allow you to grow your SRS funds while providing insurance coverage against death and total permanent disability TPD during the policy term. Other life insurance plans such as critical illness, health and long-term care are excluded. Your capital is guaranteed from the end of the 15th policy year. This plan also offers flexibility to make partial or full withdrawal of your cash value to meet your needs.

SRS funds can only be used to purchase 5-year prepayment plans. Here are some of the funds we have which you can utilise your SRS funds to purchase:. Alternatively, Index funds are an easy and affordable means for SRS accountholders to gain market exposure.

Index funds mirror the performance of the tracked index rather than aim to outperform it. You can purchase unit trust funds through:. Blue Chips are stocks of renowned companies that have a long record of profit growth and dividend payments. These companies are generally highly valued, able to tide through economic downturns and operate profitably.

Also traded on a stock exchange, Exchange Traded Funds ETFs track an index, a commodity, bonds, or basket of assets like an index fund. The BCIP is a monthly investment plan that provides investors with a convenient way to invest in Blue Chips without having to time the market.

These are debt instruments backed by the full credit of the Singapore Government, and provide a way to diversify your investment portfolio. The return of a structured deposit is usually dependent on the performance of an underlying financial instrument.

Different structured deposit tranches may have different features. The principal amount of the investment will be returned to you if you hold the investment to maturity; and the bank remains solvent. Structured deposits are a good way to earn potentially higher returns compared to traditional fixed deposits, though payouts may be varied. The latest tranche offered by OCBC was a 6-Year Structured Deposit product that earn fixed returns on your principal amount, if you hold the product to maturity.

The tranches offered by OCBC are available for a limited time period. This offers secure higher returns with fixed tenures of up to 36 months. You can find our current Time Deposit Rates. These investment options can help you earn potentially earn higher returns with your SRS funds to support your retirement goal.

Any opinions or views of third parties expressed in this material are those of the third parties identified, and not those of OCBC Bank. It does not take into account the specific investment objectives, financial situation or particular needs of any particular person. Before you make any investment decision, please seek advice from your OCBC Relationship Manager regarding the suitability of any investment product taking into account your specific investment objectives, financial situation or particular needs.

In the event that you choose not to seek advice from your OCBC Relationship Manager, you should carefully consider whether the product is suitable for you. This does not constitute an offer or solicitation to buy or sell or subscribe for any security or financial instrument or to enter into any transaction or to participate in any particular trading or investment strategy.

By buying Dual Currency Returns, you are giving us the right to repay you at a future date in a different currency from the currency in which you made your original investment, even if you would prefer not to be paid in this currency at that time.

Dual Currency Returns are affected by foreign exchange rates, which may affect how much you get back from your investment. You may receive less than you originally invested. Foreign exchange control restrictions may apply to the foreign currencies linked to your Dual Currency Returns. As a result, we may repay your investment and interest in a different currency.

You may receive less than you originally invested when the amount of this different currency is converted back to the base currency the currency you originally invested.

You may be able to get information on foreign exchange control restrictions, if any, for each foreign currency offered in relation to Dual Currency Returns, from the relevant monetary, regulatory or other governmental authorities for that currency. We will not end Dual Currency Returns before the maturity date the date they are due to end.

You may, however, withdraw the amount you originally invested before the maturity date. If you do this, please remember that you will have to pay any charges that apply which are calculated based on the amount of the time remaining before the maturity date, as well as current market conditions relating to strike prices, foreign exchange rates and changes in the underlying foreign exchange pair.

These charges may mean that you get back much less than you originally invested. Please feel free to approach your OCBC Relationship Manager for details of the procedures and charges that apply if you withdraw your Dual Currency Returns investment before the maturity date. A copy of the prospectus of each fund is available and may be obtained from the relevant fund manager or any of its approved distributors.

Potential investors should read the prospectus for details on the relevant fund before deciding whether to subscribe for, or purchase units in the fund. The value of the units in the funds and the income accruing to the units, if any, may fall or rise. Please refer to the prospectus of the relevant fund for the name of the fund manager and the investment objectives of the fund.

Such interests include effecting transactions in such investment products, and providing broking, investment banking and other financial services to such issuers.

OCBC Bank and its Related Persons may also be related to, and receive fees from, providers of such investment products. No representation or warranty whatsoever including without limitation any representation or warranty as to accuracy, usefulness, adequacy, timeliness or completeness in respect of any information including without limitation any statement, figures, opinion, view or estimate provided herein is given by OCBC Bank and it should not be relied upon as.

OCBC Bank does not undertake an obligation to update the information or to correct any inaccuracy that may become apparent at a later time.

All information presented is subject to change without notice. OCBC Bank shall not be responsible or liable for any loss or damage whatsoever arising directly or indirectly howsoever in connection with or as a result of any person acting on any information provided. The information provided herein may contain projections or other forward-looking statements regarding future events or future performance of countries, assets, markets or companies.

Actual events or results may differ materially. Past performance figures are not necessarily indicative of future or likely performance. Any reference to any specific company, financial product or asset class in whatever way is used for illustrative purposes only and does not constitute a recommendation on the.

These policies are not bank deposits and OCBC Bank does not guarantee or have any obligations in connection with it. This document does not take into account your particular investment and protection aims, financial situation or needs. You may want to seek advice from a financial adviser before committing to buy the product.

If you choose not to seek advice from a financial adviser, you should consider whether the product is suitable for you. As buying a life insurance policy is a long-term commitment, an early termination of the policy usually involves high costs and the surrender value, if any, that is payable to you may be zero or less than the total premiums paid.

This document is for general information. It is not a contract of insurance or an offer to buy an insurance product or service. It is also not meant to provide any insurance or financial advice. The specific terms and conditions of the plan are set out in the policy documents. If you are interested in the insurance policy, you should read the product summary and policy illustration available from us before deciding whether to buy this product. We do not guarantee, represent or warrant that any of the information provided in this document is accurate and you should not rely on it as.

We do not undertake to update the information or to correct any inaccuracies. All information may change without notice. We will not be liable for any loss or damage arising directly or indirectly in connection with or as a result of you acting on the information in this document.

Coverage for your policy is automatic and no further action is required from you. For more information on the types of benefits that are covered under the scheme as well as the limits of coverage, where applicable, please contact us or visit the Life Insurance Association LIA or SDIC websites www.

Unlike traditional deposits, Structured Deposits have an investment element and returns may vary. The initial investment amount of a Structured Deposit will be returned to you only if you hold it until maturity date. Early withdrawal of Structured Deposits may result in you receiving significantly less than your initial inestment. You further understand that you will bear any cots and charges associated with such early withdrawal of the Structured Deposits. OCBC Bank may have the right to terminate the Structured Deposits and return an amount in cash to you from the due settlement of the Structured Deposits before the maturity date.

You may be exposed to inherent exchange rate risks and exchange controls when you place a Structured Deposit.

You may wish to seek advice from a licensed of an exempt financial adviser before making a commitment to purchase this product. In the event that you choose not to seek advice from a licensed or an exempt financial adviser, you should carefully consider whether this product is suitable for you.

Foreign currency deposits, dual currency investments, structured deposits and other investment products are not insured. You’re in Singapore Malaysia China Indonesia. This advertisement has not been reviewed by the Monetary Authority of Singapore. General Investment disclaimer The opinions or views expressed in this document are expressed by the third parties identified, and do not represent our view.

This information is intended for general circulation. It does not consider the specific investment objectives, financial situation or needs of. Before you make an investment, you should speak to your OCBC Relationship Manager who will assess whether the products are suitable to you based on your investment objectives, financial situation or needs. If you choose not to do so, you should consider if the investment product is suitable for you. We are not making an offer, solicit srs investment options buy or sell or subscribe for any security or financial instrument, enter into any transaction or participate in any trading or investment strategy with you through this document.

We do not guarantee the accuracy of this information at any time. All of the information here may change any time without notice. We are not responsible for any loss or damage arising from this information. Investment involves risks. Past performance figures, predictions or projections are not necessarily indicative of future or likely performance. Actual performance may differ from the projections in this document.

Any reference to a company, financial product or asset class is used for illustrative purposes and does not represent our recommendation in any way.

What should I do with my SRS (SUPPLEMENTARY RETIREMENT SCHEME)

SRS IN NUMBERS

At the very least, placing funds into a fixed deposit is better than srs investment options them sit idle, earning a mere 0. And after that, you can also select a year payout most. For instance, a proactive young worker looking to invest some disposable income may choose to invest in the SRS because of the tax benefits. One word: inflation. You might not be able to get the same interest rates in the future, after your deposits mature. However, if you stopped at opening the account, you may be selling yourself short. A While cash balances have remained relatively stable at around one-third of the SRS portfolio composition, there has been an increasing allocation to shares, Reits and ETFs, and a declining allocation to insurance products over the years, UOB’s Ms Chung notes. Probably not. Important Note: As new bonds are issued every month, these numbers do change. Lorna Tan. But when you start to get older, the time horizon gets shorter. Not quite sure what SRS is about? When you buy a SSB, you can get interest every 6 months.