The SAQ includes 2 PDFs and associated videos on Understanding Investments and Understanding The Investment Products Under CPFIS. The PDFs can be found here and here.

I was actually quite impressed by the 2 PDFs as they dive into the basics of investing and the associated risks and costs for each investment product. I especially love the part where they show the one-time cost and recurring cost of investing in each investment product, something a lot of amateur investors don’t consider.

The CPF Board has been beefing up their outreach and public education recently. This is yet another good example of that.

The SAQ itself is a 20 MCQ test conducted online through the CPF portal. The difficulty level was not too bad. I got 18/20 because I second guessed myself on 2 of the questions 🤣