CPFIS funds post average gains of 14.9% in 2019
Tay Peck Gek
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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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