Gain access to one of the world’s highest-yielding AAA-rated government bonds with the ABF Singapore Bond Index Fund (“Fund”). The first exchange traded fund (“ETF”) bond fund in Singapore, the Fund invests in the constituents of the iBoxx ABF Singapore Bond Index. This index tracks a basket of high-quality bonds issued primarily by the Singapore government and quasi-Singapore government entities.
For more than a decade, the Fund has demonstrated resilience and performed well even during volatile market conditions. A key reason for its performance is its investment in Singapore government bonds, one of the world’s highest-yielding AAA-rated government bonds.
NAV S$ 1.158100
As of 23 August 2017
FUND SIZE S$ 877.47
As of 30 June 2017
The intraday NAV is provided on a delayed basis (updated every 15 seconds during the market hours) by Interactive Data and should not be viewed as the official NAV. The intraday NAV is provided for reference purposes only and may differ from the official NAV calculated in accordance with the Prospectus. Please refer to the official NAV on our website available at the end of each dealing day.
This Fund is Suitable for.
Investors looking for a low risk asset class that performs well especially during periods of difficult market conditions
Investors looking for an effective portfolio diversifier that exhibits negative correlation to other asset classes during various market situations.
Investors who are seeking potentially higher returns than Singapore dollar fixed deposit rates and have a medium to long term investment horizon.
*Dividend distribution is not guaranteed and is subject to the discretion of Nikko AM Asia.
As the Fund is traded like a stock on the Singapore Exchange, you will have immediate access to prices and trading. Investors may wish to contact their respective brokers or use their online trading account to invest in the Fund.
Investors may also seek to invest in the Fund with any of our participating dealers which include Phillip Securities, DBS Vickers, CIMB Securities, Deutsche Bank AG and FlowTraders Asia.
Ways to invest in the fund:
- Supplementary Retirement Scheme (SRS)
- Regular Savings Plan with POSB (in cash only), DBS and Phillip Securities (in cash only)
*The fund is included under the CPFIS – Ordinary Account and has been classified by the CPF Board under the Low to Medium Risk – Narrowly Focused – Country Singapore.
Source: © 2017 Morningstar. All Rights Reserved. Markit & Nikko Asset Management Asia Limited as of 30 June 2017
Returns are calculated on a NAV-NAV basis and assuming all dividends and distributions are reinvested, if any. Returns for period in excess of 1 year are annualised. Past performance is not indicative of future performance.
THINGS YOU MAY LIKE TO KNOW ABOUT ABF SINGAPORE BOND INDEX FUND
excellent risk adverse play
during periods of market stress
AAA-rated Singapore government bonds
excellent portfolio diversifier
Potentially higher returns
than 12-month SGD fixed deposit rates
GUIDE TO INVESTING
- Trade Existing Units
Investors can trade existing units in the Fund (in board lots of 100 units) with cash in the same way as they buy or sell stocks on the Singapore Exchange through their stock broker. Institutional investors can consult their market makers to buy or sell existing units.
- Cash Subscription of New Units *
For subscription of new units in the Fund, investors need to go through the authorised participating dealers and a minimum of 50,000 units is required.
- In-kind Subscription of New Units
To create new units by subscribing for in-kind units, investors must approach a participating dealer and a minimum of 20,000,000 units is required
- Market Makers
Market makers are appointed to put up bid and offer prices on the Exchange by using the NAV of the Fund as a reference.
- Fees Charges
Usual brokerage and clearing fees apply.
- For Market Professionals Institutional Investors
Please consult participating dealers on how to buy and sell the Fund for new units and in-kind subscription. Click here for in-kind subscription and redemption portfolio.
* Subscription for and/or redemption of new units for cash is applicable for a minimum of 50,000 through Participating Dealers on any Cash Dealing Day. Investors who wish to invest more than the minimum initial investment and subsequent minimum investment may do so in increments of 1,000 Units. Such subscription and redemption of Units must be made via the participating dealers. Please refer to the prospectus for additional terms that apply for application through participating dealers.
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