CPFIS-included funds down 6.36% in Q3
CPFIS-included unit trusts fell 7.1%; MSCI AC Asia ex-Japan dropped 12.29% over same period
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Mindy Tan
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Singapore
THE overall performance of unit trusts and investment-linked products included under the Central Provident Fund Investment Scheme (CPFIS) fell across the board for the three-month and 12-month periods ended September.
For the third quarter to Sept 30, the overall performance of CPFIS-included funds declined by 6.36 per cent, while CPFIS-included unit trusts delivered a negative return of 7.10 per cent. CPFIS-included investment-linked insurance products (ILPS) also recorded a decline of 5.87 per cent.
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