Return on investment funds

In spite of the sharp correction in May, the global equity, Singapore equity and the combined (growth and balanced funds) operated by NTUC Income still give a positive return for the five months of this year.

The funds also performed better than benchmark.

Fund                  Jan-Apr    May   Jan-May 
Global Equity           6.1%    -4.2%    1.6% 
Singapore Equity       12.0%    -5.6%    5.7% 
Global Bond            -1.8%     0.1%   -1.7% 
Singapore Bond         -0.4%     0.6%    0.2% 
        
Combined (Growth)       4.7%    -3.2%    1.4% 
Combined (Balanced)     3.0%    -2.3%    0.6% 
Combined (Conservative) 1.2%    -1.3%   -0.2% 
        
Benchmark       
MSCI World              4.5%    -3.6%    0.8% 
STI                    12.1%    -7.9%    3.3%