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CPFIS-included funds up 6.22% on average in Q3

But the market remains anxious about a possible Fed rate hike and how US-Asia ties will shape up under Trump

Published Thu, Nov 24, 2016 · 09:50 PM

Singapore

THE overall performance of unit trusts and investment-linked insurance products (ILPs) included under the Central Provident Fund Investment Scheme (CPFIS) climbed 6.22 per cent on average in the third quarter, boosted by broad-based gains.

For the three months up till the end of September, CPFIS-included unit trusts went up 6.96 per cent, and CPFIS-included ILPs rose 5.75 per cent, Thomson Reuters Lipper said on Thursday.

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