FUNDS under the Central Provident Fund Investment Scheme (CPFIS) fell in the second quarter as global equity markets slid.
On the whole, CPFIS funds posted an average loss of 4.06 per cent, said fund information provider Lipper.
Performance was weak across unit trusts and investment-linked insurance products (ILPs).
By comparison, investors who left their CPF savings in their CPF accounts would have seen better returns in that period.
On the whole, CPFIS funds posted an average loss of 4.06 per cent, said fund information provider Lipper.
Performance was weak across unit trusts and investment-linked insurance products (ILPs).
By comparison, investors who left their CPF savings in their CPF accounts would have seen better returns in that period.
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