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CPFIS funds post average gains of 14.9% in 2019

Tay Peck Gek

Published Thu, Mar 5, 2020 · 09:50 PM

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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