Funds Detail
ETFs

ABF Singapore Bond Index Fund

ISIN: SG1S08926457
Bloomberg Ticker: SBIF SP
Investment Objective

The Fund is an index fund which seeks investment results that correspond closely to the total return of the iBoxx ABF Singapore Bond Index before fees and expenses.

The iBoxx ABF Singapore Bond Index is an indicator of investment returns of debt obligations denominated in Singapore dollars issued or guaranteed by the government of Singapore or any government of People's Republic of China, Hong Kong SAR, Indonesia, Korea, Malaysia, Philippines or Thailand (collectively, the "Asian Governments"), by an agency or instrumentality of the Singapore government (or any other Asian Government), by a Singapore government (or any other Asian Government) sponsored entity or a quasi-Singapore government (or any other Asian Government) entity and Singapore dollar denominated debt obligations issued by supranational financial institutions.

Fund Details
Benchmark
iBoxx ABF Singapore Bond Index total return series
Listing Date
31 August 2005
Fund Structure
Open-ended Listed Unit Trust traded on Singapore Exchange
Lot Structure
1 unit per lot
Dividend Distribution Frequency
Semi-annually at discretion of Manager*
Valuation Frequency
Daily
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
Management Fee
0.15% p.a.^
Trustee Fee
Up to 0.045% p.a.^
Total Expense Ratio
0.24% p.a. (Audited as of financial period ended 30 June 2022)#
SGX Trading Name
ABF SG BOND ETF
SGX Stock Code
A35
* 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
Fund NAV
Fund Size
Outstanding Units
Initial Issue Price
S$ 1.00 (At Fund Launch)
About the 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).

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.

  1. 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 381.9 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 31 March 2021 (preliminary)

  2. 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.

Performance (SGD)
Source: Nikko Asset Management Asia Limited as of
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 Holdings
Top 10 Holdings Weight

Country Allocation (%)
Sector Allocation (%)
Fund Characteristics
Market Cap Allocation (%)
Portfolio Allocation (%)
Theme Allocation (%)
Region Allocation (%)
Credit Rating (%)
Duration (%)
Active Stock Allocation
Top 5 Active Stocks Weights Fund

* Amounts of less than 0.1% are not displayed
Issuer (%)
Asset Allocation (%)
Ways to Invest
01
Trade through your stock broker on the Singapore Exchange (SGX) using:
Cash
CPF
#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.
Supplementary Retirement Scheme (SRS)
SRS is a voluntary savings scheme to encourage individuals to save for retirement while reducing taxable income.
02
Regular Savings Plan (RSP)
Invest in the ETF on a regular basis with:
(*transaction fees or charges may apply with the respective parties below)
03
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
Documents
Important Information

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