Returns for Dynamic, Balanced and Stable Funds under Home Affairs Uniformed Services INVEST Fund

Debated in Parliament on 5 Jul 2023.

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The Minister for Home Affairs stated that the Home Affairs Uniformed Services INVEST Fund is a superannuation fund with a long-term focus to achieve returns exceeding inflation over time, and provided a table showing the returns for the Dynamic, Balanced, and Stable funds for the last five and 10 years and since inception.
The question from Mr Chua Kheng Wee Louis asked for the returns of the three funds in their first year, fifth year, 10th year, and since inception, as well as their performance benchmarks and relative performance against those benchmarks.
The Minister’s response included the returns data but did not explicitly list the performance benchmarks or detailed comparisons against those benchmarks in the provided text.

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Chua Kheng Wee Louis

Mr Chua Kheng Wee Louis asked the Minister for Home Affairs (a) what are the returns for the Dynamic, Balanced and Stable funds under the Home Affairs Uniformed Services INVEST Fund in their (i) first year, (ii) fifth year, (iii) 10th year and (iv) since their inception respectively; (b) what are the performance benchmarks against which the respective funds are compared to; and (c) how have the funds performed relative to their benchmarks in the respective time periods.

K Shanmugam

The Home Affairs Uniformed Services INVEST Fund is a superannuation fund with a long-term focus to achieve returns that exceed the rate of inflation over time.1 The returns for the last five and 10 years and since the inception of the three plans in the INVEST Fund are shown in the Table below:2

Summary written by AI (learn more)

The Minister for Home Affairs stated that the Home Affairs Uniformed Services INVEST Fund is a superannuation fund with a long-term focus to achieve returns exceeding inflation over time, and provided a table showing the returns for the Dynamic, Balanced, and Stable funds for the last five and 10 years and since inception.
The question from Mr Chua Kheng Wee Louis asked for the returns of the three funds in their first year, fifth year, 10th year, and since inception, as well as their performance benchmarks and relative performance against those benchmarks.
The Minister’s response included the returns data but did not explicitly list the performance benchmarks or detailed comparisons against those benchmarks in the provided text.

Questions identified by AI (learn more)

Returns for Dynamic, Balanced and Stable Funds under Home Affairs Uniformed Services INVEST Fund | PAPERCUTS

Returns for Dynamic, Balanced and Stable Funds under Home Affairs Uniformed Services INVEST Fund

Debated in Parliament on 5 Jul 2023.

Summary written by AI (learn more)

The Minister for Home Affairs stated that the Home Affairs Uniformed Services INVEST Fund is a superannuation fund with a long-term focus to achieve returns exceeding inflation over time, and provided a table showing the returns for the Dynamic, Balanced, and Stable funds for the last five and 10 years and since inception.
The question from Mr Chua Kheng Wee Louis asked for the returns of the three funds in their first year, fifth year, 10th year, and since inception, as well as their performance benchmarks and relative performance against those benchmarks.
The Minister’s response included the returns data but did not explicitly list the performance benchmarks or detailed comparisons against those benchmarks in the provided text.

Questions identified by AI (learn more)

Full Transcript

Chua Kheng Wee Louis

K Shanmugam

Summary written by AI (learn more)

The Minister for Home Affairs stated that the Home Affairs Uniformed Services INVEST Fund is a superannuation fund with a long-term focus to achieve returns exceeding inflation over time, and provided a table showing the returns for the Dynamic, Balanced, and Stable funds for the last five and 10 years and since inception.
The question from Mr Chua Kheng Wee Louis asked for the returns of the three funds in their first year, fifth year, 10th year, and since inception, as well as their performance benchmarks and relative performance against those benchmarks.
The Minister’s response included the returns data but did not explicitly list the performance benchmarks or detailed comparisons against those benchmarks in the provided text.

Questions identified by AI (learn more)

Returns for Dynamic, Balanced and Stable Funds under Home Affairs Uniformed Services INVEST Fund

Summary

Questions Identified

Full Transcript

Chua Kheng Wee Louis

K Shanmugam

Summary

Questions Identified

Returns for Dynamic, Balanced and Stable Funds under Home Affairs Uniformed Services INVEST Fund

Summary

Questions Identified

Full Transcript

Chua Kheng Wee Louis

K Shanmugam

Summary

Questions Identified