Watch the replay of the on-demand webinar
00:00 Introduction to the session
01:40 Introduction to our guest speakers from Amundi
04:58 Why Endowus is the content platform of choice to empower financial education
05:47 Official launch of the Amundi low-cost passive index funds for CPF
10:20 How Amundi and Endowus have worked closely together over the years
13:18 What is passive investing and why it is important to understand the differences
17:28 Amundi’s passive index funds is an efficient way to invest your cash, SRS and CPF
19:12 The first truly low-cost passive index funds in CPF
23:16 How we build cost efficient portfolios with low tracking errors
27:00 Details of the new Amundi Index MSCI World Fund & Amundi USA Prime Fund
31:09 Top considerations before investing your CPF monies
33:29 Should I invest with my CPF? Here’s how to decide
36:19 Overview of Amundi passive funds available on Endowus
37:04 ETFs have many hidden costs compared to Unit Trusts
44:14 The speakers address top questions asked by the viewers
About the session
Endowus, the first digital advisor for CPF, is excited to introduce two lowest-cost passive index funds for CPF investing from Amundi, as we continue to source for world-class investing options for the CPF Investment Scheme (CPFIS). They are the Amundi Prime USA Fund and the Amundi Index MSCI World Fund — and are available exclusively on the Endowus Fund Smart platform.
These are the lowest-cost funds on the CPFIS, with a total expense ratio of 0.05% and 0.10% respectively. They are more affordable than all Singapore-listed ETFs and most UCITS ETFs.
The two passive index funds are managed by Amundi, the largest European fund manager and leading passive index provider with over $2 trillion in assets under management.
In this launch webinar, join Samuel Rhee, Chairman and Chief Investment Officer, Endowus; Albert Tse, CEO, South Asia, Amundi; and Sunny Leung, Head of ETF, Indexing and Smart Beta, South Asia, Amundi, as they discuss the following:
- Why passive investing works and why investing your CPF-OA makes sense
- The Endowus and Amundi partnership for CPFIS index funds
- An introduction to the new Amundi passive index funds for CPF investing
- How the Amundi index funds improve passive investment options for Singapore investors
- Why CPF investors should consider these Amundi passive index funds
Read more:Amundi low-cost passive index funds now available for CPF, exclusively on Endowus Fund Smart
About the speakers
Samuel Rhee, Chairman and Chief Investment Officer, Endowus
Samuel Rhee is Chairman of Endowus, a leading digital wealth platform in Asia. He is the former CEO and CIO of Morgan Stanley Investment Management in Asia, with 29 years of institutional investing experience in Singapore, Hong Kong and London.
As Endowus’ Chief Investment Officer, Sam heads the Investment Office and ensures holistic portfolios for every investor. He is also responsible for the company’s asset allocation and investment selection across all offerings. He is a firm believer that individuals should have access to the same knowledge and resources that are made available to institutional investors.
Endowus solves the biggest problems of wealth and investing, and retirement adequacy, leading to the firm becoming the first and only digital advisor for CPF investing in Singapore.
Albert Tse, CEO, South Asia,Amundi
Albert Tse is CEO of Amundi South Asia since 1 November 2021. Albert was most recently Head of Distribution Sales and Marketing for Amundi in South Asia since 2019. Prior to that he was Head of Intermediary Business of Southeast Asia and Head of Malaysia & Thailand Businesses at Schroders. Albert joined Schroders in 2003 as a member of the Mutual Funds Retail sales team for Singapore. In 2008, He was appointed as Head of Intermediary Distribution, Singapore and in 2010 he assumed wider responsibilities as Head of Intermediary Business, Southeast Asia. He was also responsible for private banks business development in Asia from 2014 to 2017. Prior to joining Schroders, Albert spent 2 years at Barclays Capital in Singapore with the Foreign Exchange and Derivatives sales desk.
Albert holds a Bachelor Degree in Business from the Nanyang Technological University and a Master Degree in Finance from University of Manchester Institute of Information & Technology (UMIST) and Manchester Business School (MBS). He is also a CFA and CAIA Charterholder. Albert has been an IBF Fellow since 2018 and the Chairman of the IMAS Human Capital Committee since 2012, starting out as a member since 2005.
Sunny Leung, Head of ETF, Indexing and Smart Beta, South Asia, Amundi
Sunny has more than 10 years of experience in the ETF field. Before joining Amundi in February 2017, he worked at State Street Global Advisors Singapore since 2013, where he was responsible for Business Development and Client Services of SPDR ETFs in Asia ex Japan. Prior to that, Sunny worked at Vanguard Investment Hong Kong. From 2011 to 2012, he worked at Credit Suisse Asset Management on ETF product sales and concurrently at ICBC Credit Suisse Asset Management, CS's joint venture in China, doing relationship management.
Sunny began his career in 2007 at Lyxor Asset Management. Sunny has a Master of Science in Investment Management at the University of Science and Technology of Hong Kong (2012).
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