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CPF-included funds rebound to grow 11.58% on average in 2Q20: Refinitiv Lipper

Felicia Tan
Felicia Tan • 2 min read
CPF-included funds rebound to grow 11.58% on average in 2Q20: Refinitiv Lipper
All asset types saw positive returns, with equity funds seeing the biggest increase at 14.91% on average for the quarter.
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The overall performance of all unit trusts and investment-linked insurance products (ILPs) included under the Central Provident Fund Investment Scheme (CPFIS) recorded positive returns of 11.58% on average for the 2Q20 ended June.

CPFIS-included funds and ILPs registered positive returns of 13.0% and 10.66% on average respectively, according to findings by Refinitiv Lipper.

All asset types saw positive returns, with equity funds seeing the biggest increase at 14.91% on average for the quarter.

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