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

5 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.

Mr 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

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