You are here

Unit trusts and ILPs under CPFIS post negative returns for Q1

Overall performance in first 3 months hit by market volatility; 12-month performance also weak

cpf26.jpg
The overall performance of unit trusts and investment-linked insurance products (ILPs) included under the Central Provident Fund Investment Scheme (CPFIS) posted negative returns in the first quarter of this year amid market volatility, prompting an expert to urge caution.

Singapore

THE overall performance of unit trusts and investment-linked insurance products (ILPs) included under the Central Provident Fund Investment Scheme (CPFIS) posted negative returns in the first quarter of this year amid market volatility, prompting an expert to urge caution.