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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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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.
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