Singlife's GROW platform expands with low-fee JPMorgan fund

The share class is designed to help CPF members meet long-term retirement goals.

Singlife’s investment platform, GROW, has expanded its offerings to include the exclusive share class of JPMorgan Global Research Enhanced Index Equity Fund (the Fund), through the Central Provident Fund (CPF) Investment Scheme. This initiative aims to provide Singaporean investors a new avenue to boost retirement savings.

The fund integrates active and passive investment strategies to potentially deliver returns above market performance whilst maintaining a similar risk profile. Singlife said this share class is designed to help CPF members meet long-term retirement goals by investing in a globally diversified equity portfolio. 

Available under the CPF Investment Scheme (List A category), the fund offers significant cost savings, including a low management fee of 0.38% per annum, and eliminates additional charges like upfront fees.

Investments on the GROW platform start from as low as $149.6 (S$200).

($1.00 = S$1.34)