Our Courses
Three courses. One clear direction.
From your first encounter with investment categories to a steady annual review practice — each course builds naturally on the one before.
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The navigator's approach to investment education
Each Merlion Ledger course follows a three-stage structure borrowed from how a harbour pilot approaches unfamiliar water: orient first, chart a course, then review with care. No stage is rushed, and no stage assumes more than what the previous one has laid down.
The courses can be taken individually — if you already have a clear vocabulary and want to work on portfolio construction, begin with the second. But taken in sequence, they form a complete and coherent education from first principles to mature practice.
Orient — build a working map
Understand what each investment category is, how it behaves, and what the fees and disclosures mean.
Chart — sketch an allocation
Work through your time horizon, risk profile, CPF position, and draft an Investment Policy Statement.
Review — adjust with care
Develop an annual review habit, audit fees, manage CPF placement, and recognise the emotional patterns that often lead to poor timing.
Reading the Landscape of Investments
A quiet, structured introduction to the investment categories most relevant to Singaporeans in their mid-to-late career: cash, Singapore Savings Bonds, fixed deposits, unit trusts, exchange-traded funds, direct shares, and REITs. The course explains what each instrument is, how it typically behaves, and the fees and disclosures a prudent investor should look for.
It does not recommend any product. Instead it helps the reader build a mental map they can use when speaking with a licensed adviser.
What you will work through
- Cash and deposits: what Singapore banks actually offer
- Singapore Savings Bonds and how to apply through internet banking
- Unit trusts and ETFs: the difference between them and what fees to expect
- SGX-listed shares and REITs: a plain explanation
- Reading a product disclosure sheet without anxiety
Included materials
- One-page investment category glossary
- Comparison worksheet for all six categories
- Suggested readings from MAS MoneySense
- Optional self-check questions per module
Putting Ideas on Paper: A First Portfolio Worksheet
A course for readers who have absorbed the basics and wish to sketch out an allocation that fits their age, responsibilities, and temperament. Topics include setting a realistic time horizon, thinking honestly about volatility tolerance, balancing income-oriented and growth-oriented holdings, and understanding how CPF savings already contribute to the whole picture.
Lessons walk carefully through the MAS risk-profiling questionnaire, explain what each answer means, and help the reader prepare questions for a product disclosure meeting.
What you will work through
- Setting a time horizon that reflects your actual situation
- The MAS risk-profiling questionnaire — question by question
- How CPF OA and SA fit into the complete picture
- Income-oriented versus growth-oriented holdings: a plain comparison
- Preparing questions for a product disclosure meeting
Included materials
- Investment Policy Statement template
- Checklist of MAS-regulated platforms in Singapore
- Structured worksheet for each of the seven modules
Reviewing and Adjusting with a Steady Hand
A course for learners who already hold investments and wish to review, rebalance, or simplify with care. Topics cover annual review practices, understanding cost drag from management fees and trading charges, reading a unit trust factsheet, considering tax-aware placement across CPF OA, CPF SA under the CPFIS, and cash accounts.
The course also addresses the emotional patterns that often lead to poor timing decisions, and discusses when to consult a licensed adviser and how to read an independent review.
What you will work through
- Building a simple annual review practice
- Reading a unit trust factsheet carefully
- Calculating the real cost of management fees and charges
- CPFIS placement: OA, SA, and when each makes sense
- Recognising emotional patterns in your own responses to market moves
Included materials
- Rebalancing log template
- Fee-audit worksheet
- Family conversation guide for coordinating plans with a spouse
- Optional reflection journal for each module
Choose Your Starting Point
Which course is right for you?
| Feature | Course 1 SGD 219 |
Course 2 SGD 479 |
Course 3 SGD 759 |
|---|---|---|---|
| For those with no prior investment knowledge | |||
| CPF integration covered in depth | |||
| Portfolio construction worksheets | |||
| Fee-audit and rebalancing tools | |||
| Behavioural patterns module | |||
| Family conversation guide |
Best for
Starting fresh — no prior vocabulary required
Best for
Building your first personal allocation on paper
Best for
Those already invested who want a steady review practice
Shared Across All Courses
Standards we apply to every module
No financial product promotion
No fund, platform, or insurer is recommended. We name categories and explain how to evaluate them; the selection always remains with the reader and their adviser.
Annual regulatory review
CPF rules, CPFIS eligibility, and MAS guidance change from time to time. We review all course content every year and update modules where the regulatory picture has shifted.
Human support for questions
All course-related questions are answered by a member of the Merlion Ledger team within two working days. There is no automated system and no scripted FAQ response.
Course Fees
One fee. No subscription. No upsell.
Each course is available for a single fee, with lifetime access to the materials and all future updates.
Not Sure Where to Start?
Write to us. We will help you find the right course.
Tell us a little about where you currently stand — what you hold, what you know, what you are trying to understand — and we will suggest the most useful place to begin.
Get in Touch