A comparative study of returns of CPF and blue chip stocks

• Main Authors: Ihsan Yadiy Muhamad, Muhammad Aidilanfitri Mohd Noor, Yap, Yan De
• Other Authors: Low Chan Kee
• Format: Final Year Project
• Language: English
• Published: 2015
• Subjects: DRNTU::Social sciences::Economic theory
• Online Access: http://hdl.handle.net/10356/63238
• Institution: Nanyang Technological University

The purpose of this research is to show that Blue Chip Mutual Funds is a better form of savings in relative to the Central Provident Fund (CPF) retirement saving scheme. Briefly, Blue Chip Mutual Funds are made up of stocks of a large, reputable and financially stable and safe company that has operated for a long period of time, while CPF is a mandatory defined contribution savings scheme in Singapore. Blue Chip Mutual Fund was thoroughly investigated throughout this research paper by closely examining it in contrast to the CPF system. In developing a fair comparison, contributions into the Blue Chip Mutual Fund would be equivalent to contributions into CPF defined by the Singapore Government. Ultimately, this study would determine if the returns on investment from the Blue Chip Mutual Fund is superior to that of savings in CPF