NTUC Income AR 2019

NOTES TO THE FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2019 12. INVESTMENT IN FUNDS (CONTINUED) 2018 % of the Investment in funds Fair value $’000 Industry focus Diversified financials 59% 2,573,594 Energy 2% 70,162 Real estate 39% 1,720,260 Telecommunication services * 10,586 Industrials * 556 Utilities * 681 Materials * 4,886 Information technology * 11,559 100% 4,392,284 Geographic region Asia Pacific 41% 1,787,564 Australia 3% 131,034 Europe 13% 600,626 North America 33% 1,446,860 Others 10% 426,200 100% 4,392,284 * less than 1% 13. LOANS 2019 Life Insurance Par Fund $’000 Life Insurance Non-Par Fund $’000 Investment- Linked Fund $’000 General Insurance Fund $’000 Share holders' Fund $’000 Total $’000 Term loan to joint venture – unsecured 81,251 – – – – 81,251 Consumer loans 16,507 – – – – 16,507 Loans on policies 581,583 196 – – – 581,779 Impairment loss (11) – – – – (11) 679,330 196 – – – 679,526 To be settled within 12 months 669,135 196 – – – 669,331 To be settled after 12 months 10,195 – – – – 10,195 679,330 196 – – – 679,526 116 HERE FOR SURE