Didnt know  that  SGX could pull back 5% 😅  That's the reason why  most of us invest un US market .  "He explained that the funds managed by GIC serve national critical objectives, and the sovereign wealth fund should be allowed to make investment decisions in a professional and commercial manner. If such investments result in lower overall returns, GIC should not be required to allocate a specific portion to local stocks, as this would not be in the best interests of Singapore and its people."