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Singapore’s CPFIS-Included Funds Gained 1.32% for Q4 2016
Thomson Reuters Lipper reported an average of 1.32% gained in Q4 2016 for all CPFIS-included funds. CPFIS-included Unit Trusts average 2.36% returns while CPFIS-included ILPs rose 0.69%. This was announced in its findings on the performance of Unit Trusts and Investment-linked Products (ILPs) included under the Central Provident Fund Investment Scheme (CPFIS) as of 31 December 2016.
“Thomson Reuters Lipper reported an average of 1.32% gained in Q4 2016 for all CPFIS-included funds.”
Xav Feng, Head of Asia Pacific Research, Thomson Reuters Lipper commented that President Trump’s economic policies are slated to affect the United States and global markets, as well as the pace of interest rate rises by the U.S. Federal Reserve. China’s debt problem may be further alleviated as the country undergoes structural economic reform.
News Source: Thomson Reuters Press Release
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Thomson Reuters Lipper: Read More
About Reuters
Reuters is the world’s largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests.
- Founded: 1851
- Founders: Paul Julius Reuter
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