Mar 2020 Fund update

For Mar 2020, Shalom Fund return a year-to-date performance of 18.24% while STI index year-to-date return is -23.01%. Shalom fund outperform STI index by 41.25%.

•  Fear led by the coronavirus has created one of the worst crisis since the financial crisis in 2008. This has resulted in unprecedented fiscal stimulus globally. Risk remain high as long as the infection rate shows no sign of slowing down. The outbreak has infected over 800,000 people globally and has now killed over 39,000 people.