Singapore
日本
Australia
New Zealand
Hong Kong
Americas
EMEA
All other countriesABF Singapore Bond Index Fund
The Intraday NAV of the ETF (updated every 15 seconds during the market hours) as shown above (the "data") are provided by ICE Data Indices, see ICE Terms of Use, and is updated during SGX trading hours. Powered by Factset. The Intraday NAV is indicative and for reference purposes only. The Fund is not sponsored, endorsed, sold or marketed by ICE Data Indices, LLC, its affiliates (“ICE Data”) and ICE Data or its respective third party suppliers MAKE NO EXPRESS OR IMPLIED WARRANTIES, AND HEREBY EXPRESSLY DISCLAIM ALL WARRANTIES OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE WITH RESPECT TO THE iNAV, IOPV, FUND OR ANY FUND DATA INCLUDED THEREIN. IN NO EVENT SHALL ICE DATA HAVE ANY LIABILITY FOR ANY SPECIAL, PUNITIVE, DIRECT, INDIRECT, OR CONSEQUENTIAL DAMAGES (INCLUDING LOST PROFITS), EVEN IF NOTIFIED OF THE POSSIBILITY OF SUCH DAMAGES. You acknowledge that the data is provided for information only and should not be relied upon for any purpose.
OVERVIEW
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.
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.
PERFORMANCE
Fund Performance (SGD)
Source: Nikko Asset Management Asia Limited as of 31 May 2020.
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.
FUND DETAILS
* Distributions are not guaranteed and are at the absolute discretion of the
Manager.
^Usual brokerage and handling charges to apply. Please refer to the Fund
Prospectus for complete information on the Fund, relevant disclosures and fees payable.
#Management Fee and Trustee Fee are included in the calculation of Total
Expense Ratio.
FUND NAV
ABOUT THE INDEX - iBoxx ABF Singapore Bond Index
The iBoxx ABF Singapore Bond Index comprises Singapore dollar bonds issued by the Singapore Government or Singapore Government-linked entities (e.g. Housing Development Board, Temasek, and Land Transport Authority). The Index may also include Singapore dollar bonds issued or guaranteed by other Asian government, quasi-government or supranational organisations (e.g.Export-Import Bank of Korea, Korea Development Bank).
The Index is compiled and calculated by Markit Indices Limited using independent and multi-source pricing for improved accuracy.
The Index is re-balanced monthly on the last calendar day of the month after close of business. Changes to static data, such as ratings, amount outstanding etc. are only taken into account if they are publicly known three business days before the end of the month. Rating or amount outstanding changes on the last two trading days of the month are accounted for at the next re- balancing. New bonds issued must settle before the end of the month and all relevant information must be known at least three trading days before the end of the month.
For more information on the description of the index methodology and the latest information relating to the Index, please refer to www.markit.com/product/iBoxx.
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Basket of majority AAA-rated Singapore government bonds
Singapore is the only Asian country that has the highest AAA credit rating awarded by all 3 major credit rating agencies. Singapore has retained this status throughout the last 15 years, covering multiple periods of economic crisis, including the Asian Financial Crisis in 1997 and the Global Financial Crisis in 2008. Singapore's AAA credit rating is supported by its USD 293 billion* of official foreign reserves and a prudent fiscal policy characterised by consistent government budget surpluses. As a result, Singapore government bonds possess a safe haven status that investors turn to during periods of market uncertainty.
* Monetary Authority of Singapore, as of February 2019 (preliminary)
Source: Bloomberg, Nikko AM Asia, as of 14 March 2019.
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Excellent risk adverse play during periods of market stress
Historically, the Index has performed exceptionally well during periods of difficult market conditions. Due to its high credit quality and the strength of the Singapore Dollar, Singapore government bonds are perceived as a safe haven asset during market distress. This makes the Index an excellent diversifier for strategic asset allocation purposes to improve risk-adjusted returns of a portfolio.
Source: Bloomberg, Nikko AM Asia, as of 28 February 2019. The chart is for illustration purposes only. Past performance is not indicative of the future performance.
WAYS TO INVEST
Trade through your stock broker
on the
Singapore Exchange (SGX) using:
- Cash
- CPF
- Supplementary Retirement Scheme (SRS)
Regular Savings Plan (RSP)
Invest in the ETF on a regular basis with:
(*transaction fees or charges may apply with the respective parties below)
Direct Subscription through Participating Dealers (for subscriptions of 50,000 units and above)
Subscribe directly to the ETF through any of our participating dealers, subject to minimum unit requirements stated below.
Cash Subscription of New Units
For subscription of new units in the ETF using the cash option, investors need to go through an authorised participating dealer and a minimum of 50,000 units is required.
In-kind Subscription of New Units
For subscription of new units in the ETF using the in-kind option, investors need to go through an authorised participating dealer and a minimum of 20,000,000 units.
List of Participating Dealers