Tag Archives: Returns

MISLEADING ADVERTISEMENT ON RETURNS OF 12%?

In this connection, GIC’s latest 20 years’ and Temasek’s “from inception” annualised returns are 5.1 per cent (in US$ terms – lower if in S$ terms) and 16 per cent (in S$ terms), respectively. The highest return ever publicly disclosed by the GIC was 8.2 per cent (in S$ terms) for the 25 years from the GIC’s inception in 1981 till 2006. So, how many fund managers in Singapore have been able to consistently give 12 per cent per annum returns, as described in the advertisement?

Read More »

OUR CPF SYSTEM IS THE MOST ROBUST & RISK-FREE IN THE WORLD

In Finance 101, we all know that “with risk comes return”. However, the CPF system dissolves this theory entirely as it advocates that “without risk, there are still decent returns”. Do note that our pension fund not only provides an almost full-proof retirement plan for Singaporeans, but it does not put a heavy burden nor potentially bankrupt the Government of Singapore. This robust system is unprecedented and there are no other systems that can be compared to ours.

Read More »

TEMASEK HOLDINGS EXPECTED TO REPORT POOR RETURNS THIS FINANCIAL YR

The media reported today (7 Jul) that Temasek Holdings would likely be reporting a lower performance in terms of its returns for last financial year. This is due to the lacklustre performance by Singapore stocks and Chinese bank counters over the past year. Presently, Chinese banks and Singapore stocks make up a major component of Temasek’s portfolio. According to CIMB Research, Temasek may have increased the value of its holdings by about 4 percent to a record $224 billion in the year to March 31.

Read More »