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Chitchat Note GIC results reporting in the press

scroobal

Alfrescian
Loyal
See the various headlines from local and foreign press. GIC is seeing a steady erosion since 2001.

gic-16-17-report-1.png

BT - CNA - ‘Cautious’ GIC sees returns dip amid low-yield environment. It has delivered steady long-term returns, doubling funds’ purchasing power since ‘97

ST - GIC sees steady long-term returns amid cautious portfolio stance


Today- GIC posts steady real returns of 3.7% amid uncertainty

- TNP/SPH Higher risks but returns remain low
Financial market volatility low despite uncertainty, says GIC in latest report

Reuters - GIC’s shrinking returns add to Singapore’s gloom

WSJ - Singapore’s Sovereign-Wealth Fund GIC Sounds Note of Caution

FT - Singapore’s GIC warns of weaker returns
 

nayr69sg

Super Moderator
Staff member
SuperMod
Its getting ridiculous, even a simple US Tresury bond index, close 2 eyes can beat this GIC. GIC is incompetant, "Its not fit for purpose."

But if you talk to sinkies on the street they would say very good to put money in CPF! Get 2.5%? on OA 4% on SA where to find in the world?

Ignorance is bliss.
 

thinkdeep

Alfrescian
Loyal
Put in ETF also can earn >6% p.a., why so happy with 4% let alone 2.5%?

But if you talk to sinkies on the street they would say very good to put money in CPF! Get 2.5%? on OA 4% on SA where to find in the world?

Ignorance is bliss.
 
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