CPFIS funds post average gains of 14.9% in 2019
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Tay Peck Gek
Singapore
CENTRAL Provident Fund Investment Scheme (CPFIS) funds posted returns of 14.89 per cent on average last year, said information service provider Lipper at Refinitiv on Thursday.
Specifically, CPFIS-included unit trusts and CPFIS-included investment-linked insurance products (ILPs) recorded a return of 15.97 per cent and 14.21 per cent respectively last year.
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