Unit trusts, ILPs under CPFIS gain 3 per cent in Q4
But they post slight decline of 0.19 per cent for full-year 2015
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Singapore
THE unit trusts and investment-linked insurance products (ILPs) included under the Central Provident Fund Investment Scheme (CPFIS) generated positive returns on average in the fourth quarter of 2015, but dipped into negative territory on a full-year basis.
In the three months ended Dec 31, 2015, the overall performance of the 280 CPFIS-included funds posted positive returns of 3.01 per cent on average.
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