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$ {{numberFormat (M:round nav.nav 6) 6}}
As of {{dateFormat nav.nav_date "d F Y"}}
FUND SIZE S$ 869.96
MILLION

As of 31 October 2017

The intraday NAV is provided on a delayed basis 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.
Lower risk
The chances of the underlying bonds defaulting are lower as they reflect Singapore’s high credit standing.
Diversification
Investors get exposure to a basket of Singapore government and quasi-Singapore government bonds.
Dividend distribution and potential capital gains
Investors stand to benefit from potential capital gains and annual dividend distribution*.
Low cost
No sales charge and an annual management fee of only 0.15%.
Ease of trading
Investors can trade units like any stock on the Stock Exchange. The Fund is classified as an Excluded Investment Product (EIP).
Access to bonds
Investors can gain easy access to the bond market.

*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.

Ways to invest in the fund:

  • Cash
  • CPF*
  • 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.

Fund information
 
Benchmark
iBoxx ABF Singapore Bond Index Total Return Index
Listing Date
31 August 2005
Fund Structure
Open-ended Listed Unit Trust, with Exchange Tracker Fund feature
Lot Structure
100 units per lot
Expense Ratio
0.25% (Audited as of financial year ended 30 June 2015)
Dividend Distribution Frequency*
Annually at discretion of Manager
Valuation Frequency
Daily
Indicative Holdings#
Click here for the weekly indicative holdings of the ABF Singapore Bond Index Fund.
Governing Authority
Monetary Authority of SIngapore
Listing
Singapore Exchange
Manager
Nikko Asset Management Asia Limited
Trustee
HSBC Institutional Trust Services (Singapore) Limited
Fund Auditor
PricewaterhouseCoopers LLP (Singapore)
Designated Market Makers
FlowTraders Asia Pte Ltd, Phillip Securities Pte Ltd
SGX Stock Code
A35
ISIN Stock Code
SG1S08926457
SGX Trading Name
ABF SG BOND ETF
Bloomberg Ticker
SBIF SP
 

*Dividend distribution is not guaranteed and is subject to the discretion of Nikko AM Asia.
#The information has been obtained from sources believed to be reliable at the point of publication but Nikko Asset Management Asia Limited does not warrant its completeness or accuracy and is subject to change without prior notice.

Fund NAV
 
Fund NAV^
S$ {{nav.nav}} (as of {{dateFormat nav.nav_date "d F Y"}})
Fund Size
S$ 869.96 million (as of 31 October 2017)
Outstanding Units
{{nav.shares}} (as of {{dateFormat nav.nav_date "d F Y"}})
Initial issue Price**
S$ 1.00 (At Fund Launch)
 

^Fund NAV is indicative only, any rates quoted are subject to change without prior notice.
**Any excess monies arising from valid applications for the IPO were credited back to the investors' accounts. Monies from invalid applications for the IPO were refunded in full, less the S$2 ATM subscription fee.

Fees & Charges
 
Management Fees~
0.15% p.a.
Trustee Fees~
Up to 0.045% p.a (subject to minimum charge)
 

Usual brokerage and handling charges to apply
~Please refer to the Fund Prospectus for complete information on the Fund, relevant disclosures and fees payable.

Fund Performance (SGD)
 
Return (%)
3Mths
6Mth
1Yr
3Yrs
5Yrs
Since Inception
ABF Singapore Bond Index Fund
-0.22
0.33
-0.01
2.18
1.21
2.61
Benchmark - iBoxx ABF Singapore Bond Total Return Index
-0.10
0.57
0.32
2.49
1.52
2.89
3-Year Annualised Tracking Error
0.09%
 

Source: © 2017 Morningstar. All Rights Reserved., Markit & Nikko Asset Management Asia Limited as of 31 October 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.

  • 1The ABF Singapore Bond Index Fund invests into
    AAA-rated Singapore government bonds
  • 2
    Potentially higher returns
    than 12-month SGD fixed deposit rates
  • 3An
    excellent risk adverse play
    during periods of market stress
  • 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.