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Market decline drags CPFIS-included funds into losses in 2018

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Funds included in the CPF Investment Scheme (CPFIS) posted losses in 2018, pulled down by a sharp downdraft in global markets towards the end of the year.

Singapore

FUNDS included in the CPF Investment Scheme (CPFIS) posted losses in 2018, pulled down by a sharp downdraft in global markets towards the end of the year.

For the one-year period to end-December, CPFIS-included funds posted a negative return of 7.91 per cent on average....

sentifi.com

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