Superior return from NTUC Income's Fund

Standard & Poors covered 17 global equity funds managed by life insurance companies.

During the 3 years from 2003 to 2005, the annualised returns are:

NTUC Income's Global Equity Fund 19.2%
Average of 17 funds 15.1%
Difference 4.1%

NTUC Income's fund earned a superior return of 19.2%, which is 4.1% higher than the average of 17 funds.

Why?

1. Our expense ratio is 1.3% compared to the average of 1.7%; the difference is 0.4%
2. Some of the other funds may have other charges and fees that are not explicitly disclosed.
3. Perhaps, the fund managers of NTUC Income have performed better.

We have chosen global equities for this comparision because there are a large number
of such funds, and performance is not easily distorted by differences in asset allocation.

What about the future?

Past performance is not an indication of future performance. But, it is clear that the lower charges of our fund, will continue to be a key factor in producing superior returns for our investors.

Conclusion: Choose NTUC Income funds for our low charges and superior return!