Affectionately called the “little red dot” because of its physical size, Singapore has amazed the world by continuously scoring top rankings and global admiration. Still, we continue to be surprised by the things we find out about tiny Singapore.
Singapore is ranked first in the world as the city with the best investment potential1 and the best business environment2.
1BERI Report 2014-1(April 2014)
2Economist Intelligence Unit, Country Forecasts/Business Environment Rankings, May 2014
With more than 200 international asset management firms3 and total assets under management of around S$1.4 trillion4, Singapore is one of Asia’s premier asset management centres.
3EconomyWatch.com,18 Mar 2010
4Monetary Authority of Singapore website
, www.mas.gov.sg, 10 Sep 2013
Singapore is the No.4 financial centre in the world after Hong Kong5.
5The Global Financial Centres Index 15, Mar 2014
Singapore is named the 2nd most competitive country in the world, behind Switzerland6.
6The Global Competitiveness Report 2013-2014,
World Economic Forum
Singapore is the world’s easiest place to do business7.
7Doing Business 2014 Report, World Bank
The number of millionaires in Singapore is expected to grow 35 per cent by 2018, to reach 235,0008.
8Credit Suisse Global Wealth Report, reported in TODAY, 2 July 2014
Singaporeans are the second richest in the Asia Pacific region, and the eighth richest in the world with an average wealth of US$281,800 (S$352,750)9.
9Credit Suisse Global Wealth Report, reported in TODAY, 2 July 2014
Singapore is the only Asian country to have AAA credit ratings from all three major credit rating agencies – Standard & Poor’s, Moody’s and Fitch10.
10The Business Times, “SGX attracts record bond listings from Asia”, 23 Mar 2013
The Singapore Dividend Equity Fund has beaten its benchmark over a three-year period since July 2009 despite the volatile market11.
|Returns (%)||1 year||2 years||3 years|
|NAV-NAV (net of fees)||0.89||11.18||13.67|
|NAV-NAV (net of fees & charges)||-4.16||9.29||12.51|
11© 2014 Morningstar, Inc. & Nikko Asset Management Asia Limited as of 31 May 2014. Returns are calculated on a NAV-NAV basis, SGD, and based on the assumption that all dividends and distributions are reinvested, if any. Returns for periods in excess of 1 year are annualised. Past performance is not necessarily indicative of future performance.
This document is for information only with no consideration given to the specific investment objective, financial situation and particular needs of any specific person. Any securities mentioned herein are for illustration purposes only and should not be construed as a recommendation for investment. You should seek advice from a financial adviser before making any investment. In the event that you choose not to do so, you should consider whether the investment selected is suitable for you. Investments in unit trusts are not deposits in, obligations of, or guaranteed or insured by Nikko Asset Management Asia Limited (“Nikko AM Asia”).
Past performance or any prediction, projection or forecast is not indicative of future performance. The funds may use or invest in financial derivative instruments. The value of units and income from them may fall or rise. Investments in the funds are subject to investment risks, including the possible loss of principal amount invested.
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