ETF / S&P 500 investments

[ghchua]

But to use that as a reason to imply that other large global ETFs (e.g CSPX, VWRD) isn't "safe" seems like a major stretch.

Hi LionFlyer,

Your definition of safety is different from CPF Board and mine. I am talking about the structure and legal recourse. You are looking at size.

Being big doesn't mean that it is absolutely safe, if you do not have the legal recourse if anything bad happens. There are ways to invest into these ETFs, in a form of a Singapore based company offering index funds on these products. Anything happens, it is based in Singapore and you have legal recourse on them. MAS can also step in if necessary.