No Minimum Commission: Trade SGX-listed ETFs with your SRS funds to enjoy tax savings!
Trade SGX-listed ETFs with no minimum commission. For more details, please refer here
What does this mean for you as an investor?
Looking to save more?
Consider trading ETFs through your SRS (Supplementary Retirement Scheme) account!
With headline inflation rising beyond 7% in 2022, SRS account contributions provide attractive tax savings for those who are looking to cut unnecessary expenses. Instead of growing your cash at a low interest rate of 0.05%, SRS contributions can also be ploughed into ETF investments to boost long-term retirement savings. Find out more about SRS here
Benefits of Trading ETFs with SRS
Enjoy tax savings for
every dollar saved
into the account
Accumulate tax-free gains
from investing with
your SRS funds
Enjoy the flexibility
of withdrawing your
funds at anytime
Enjoy 50% tax concession
What is SRS?
Introduced on 1 April 2001, the Supplementary Retirement Scheme (SRS) is part of the Government’s multi-pronged strategy to address the financial needs of a greying population. It is a voluntary scheme that complements the CPF. Participants can contribute up to S$15,300 (Singapore Citizen/Singapore Permanent Resident) or S$35,700 (foreigner) annually to the SRS at their own discretion. The contributions may be used to purchase various investment instruments. The SRS offers attractive tax benefits. Contributions to SRS are eligible for tax relief, investment returns are accumulated tax-free (with the exception of Singapore dividends), and only 50% of the withdrawals from SRS are taxable upon retirement.