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."
SGX Falls 5.2% after MAS Review Group Suggests Tax Perks to Revitalize Singapore Equities Market
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重点: ‘’如果此类投资导致整体回报较低,则不应要求 GIC 将特定部分分配给当地股票,因为这不符合新加坡及其人民的最佳利益‘’ [LOL]