This fund outperformed the markets in 2015, but you're probably not allowed in. Unless you're Singaporean or near enough.
Singapore's Central Provident Fund (CPF), a mandatory retirement savings plan open only to the country's citizens and permanent residents, offered its usual, steady 2.5 percent-to-5 percent payouts, depending on the nature of members' balances.
But that compares with an essentially flat S&P 500 year-to-date and a near-15 percent drop in the Singapore Straits Times Index over the same period. Other assets haven't done well either: The SPDR Barclays High Yield Bond Exchange Traded Fund (ETF) has mirrored a tough year for junk bonds, dropping more than 12 percent year-to-date.
Singapore's private residential property prices have ticked lower as well, falling 1.3 percent on-quarter in the third quarter after slipping 0.9 percent in the previous quarter.
All of these factors made the CPF a much more attractive prospect that one might have imagined, for those eligible to save with it.