IMAS and Morningstar found that while overall performance for CPFIS-induced funds fell 2.54% in 3Q2024, the performance of unit trusts increased to 3.14%.
Over a one-year period, all Central Provident Fund Investment Scheme (CPFIS) funds delivered returns of 14.71% for investors as at Sept 30, an improvement compared to the same period up to last quarter which was 9.69%, a report by Investment Management Association of Singapore (IMAS) and Morningstar notes.
IMAS and Morningstar released its quarterly findings on Singapore fund flows and performance of all unit trusts and investment-linked insurance products (IPLs) included under the CPFIS in its Performance and Risk Monitoring Report and Singapore Fund Flow report.
