Market decline drags CPFIS-included funds into losses in 2018

  • 📰 BusinessTimes
  • ⏱ Reading Time:
  • 7 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 6%
  • Publisher: 51%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

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. Read more at The Business Times.

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

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 15. in ZA

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

UOB posts record net earnings for 2018, lower Q4 profit amid market uncertaintiesSINGAPORE: United Overseas Bank (UOB) on Friday (Feb 22) reported record net earnings of S$4.01 billion for the full year of 2018, the bank said ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

Olam performed 'below expectations' in 2018 amid tough market, says CEOCOMMODITY trader Olam International has posted a net profit of S$75.3 million for the fourth quarter, down 71.6 per cent from the same period a year earlier in the absence of an exceptional gain of S$155.4 million. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »