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Pre-school children from lower-income homes will get more educational and healthcare support with a programme that will get $3.38 million in funding from the Temasek Foundation.
Launched by the PAP Community Foundation (PCF) and Temasek Foundation yesterday, the Temasek Foundation First Step Programme aims to provide financial support for lower-income families to reduce the barriers to pre-school enrolment.
Under the programme, eligible children enrolled in infant care to Nursery 2 at PCF Sparkletots will receive a top-up in their Child Development Account (CDA) of $200 a year for two years. With the Government s dollar-for-dollar matching contributions, each child s CDA will receive up to $800 over two years.
HeadStart sees stellar run for hedge funds continuing
Submitted
12/01/2021 - 10:19am
Hedge fund adviser Headstart Advisers posted stellar returns in 2020 as volatility returned to global markets, outpacing peers.
Headstart Advisers flagship fund posted its strongest ever annual return as it successfully navigated the market turmoil in March 2020 when the global pandemic roiled markets. The fund then captured the rebound in the latter half of the year finishing the year up over an estimated 20 per cent.
Notably, the Headstart Fund of Funds was up in both March and April 2020 when less than a fifth of all hedge funds made positive returns in both months. For March, Headstart Fund of Funds was up 1.65 per cent versus the MSCI World Equity Index which was down 13.47 per cent and the HFRI Fund of Fund composite Index which was down 7.63 per cent.