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.
CW8888: We are still in Bull Run phase. No worry!
A Systematic Approach: How Dimensional’s Global Targeted Value Selects
Stocks
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The Dimensional Global Targeted Value is one of the funds that are
available for investment if you have an adviser that can recommend
Dimensional funds. ...
2 hours ago
Hmmm, so if just buy & hold from the beginning of 2011.
ReplyDeleteAnnual returns of: -10%, +10%, +10%, +7%, 0%, +5%, +15%, -10%
Over 8 years will be 26%-27% gains.
That's about 3% CAGR ... less than SA.
Hmm... Top up SA! Hurry up and let compounding interest works its wonder. :-)
DeleteSpur,
DeleteShhh!!!!
If everyone all put their money in CPF, who will support our fund management industry?
That will defeat the creation of CPFIS in the first place...
No wonder Mr shining head says CPFIS is "not fit for purpose" :(
Haiz.... CPF should be educated to just put into index funds & forget about it. The only available index funds in S'pore are not CPFIS approved, only for SRS.
ReplyDeleteMy preference has always been the global index. But for the past 8 years, the CAGR has only been 7.8% in SGD terms.
The S&P500 index fund has returned 11% CAGR over the past 8 years. If you believe in mean reversion though, the next 8 years may not be so rosy for the S&P500. :)