Central Provident Fund Investment Scheme-Included Funds Delivered 5.10% on Average in Q1 2017
Thomson Reuters Lipper announced its findings on the performance of all unit trusts and investment-linked insurance products (ILPs) that are under the Central Provident Fund Investment Scheme (CPFIS) as of 31 March 2017.
In Q1 2017, the overall performance of CPFIS-included funds rose 5.10% on average
In Q1 2017, the overall performance of CPFIS-included funds rose 5.10% on average. Specifically, CPFIS-included unit trusts increased 5.20% and CPFIS-included ILPs rose 5.04%. For all CPFIS-included funds, equities posted positive returns of 6.44%, mixed-asset 4.10%, bonds 1.27% and money market funds 0.19%.
News Source: Thomson Reuters Press Release
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Updated on 8th August 2016