Returns for Dynamic, Balanced and Stable Funds under Saver Premium Fund

2 Mr Chua Kheng Wee Louis asked the Minister for Defence (a) what are the returns for the Dynamic, Balanced and Stable funds under the Saver Premium Fund in their (i) first year, (ii) fifth year, (iii) tenth 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.

Dr Ng Eng Hen: The SAVER-Premium Fund is a superannuation fund that aims to generate sustainable long-term returns that exceed the rate of inflation. The annualised returns for the last five years, 10 years and since inception of the three Fund Plans are shown in Table 1.

Over those periods, all the three Fund Plans delivered annualised returns that were above the long-term average core inflation of 1.6%¹.