Opening an investment provident fund? Compare before you choose

Management fees are important, but also review the investment tracks, long-term performance, risk level, service quality and enrollment terms.

Not necessarily. Low management fees are an advantage, but they are only one consideration. Also assess the investment track that suits you and the provider's long-term performance.

Yes. The fees quoted by a provider are not necessarily the final price you will receive. Better terms may sometimes be available depending on the accumulated balance or deposit amount.

It varies between providers. Some companies allow you to begin with very small amounts, so check the minimum deposit before joining.

Yes. You can transfer an investment provident fund between managing providers without withdrawing the money, so the transfer itself is not considered a tax event.

Yes. You can move between investment tracks within the fund according to your needs and preferred risk level without withdrawing the money.

Yes. You can withdraw the money at any time, subject to the applicable tax on gains when it is withdrawn.

Management fees, promotions and enrollment terms may change. Check the final terms with the managing provider before joining.