Investment Worry says Solomon Star (SS)
The recent negative press coverage on NPF investments latest being titled above in SS issue number 6826 on Monday 12th February 2018 obliged us to reassure our contributing members that their funds worth more than $2.7 billion under our management as at 30 June 2017 are safe, growing and their values continued to be protected against inflation. These funds are invested in various assets in a number of markets worth more than $3.1 billion as at 30 June 2017.
Over the past 12 years to 30 June 2017 our members who had been with the Fund had enjoyed an average annual rate of return of 10.2% per annum on their contributions. After adjusting for inflation, their real average annual rate of return over the same period is a positive 3.4% per annum