Home / Funds / Fund prices / All funds / Eastspring Investments Unit Trusts - Singapore Select Bond Fund Class - AD
Fund objective

This Fund aims to maximise total returns over time by investing primarily in Singapore-dollar denominated debt securities and foreign currency debt securities which will be hedged back into Singapore Dollars.

  • NAV
  • Dividends
Export historical fund price


1 mth
1 yr
3 yrs
5 yrs
10 yrs
Since inception

Returns (%) as of 31-Oct-2017

(p.a.): per annum. Source: Eastspring Investments (Singapore) Limited. Returns are based in the relevant class currency and computed on bid-bid basis with net income reinvested, if any. Offer-bid is inclusive of sales charge which is subject to changes. Since inception returns for periods less than a year are not annualised. The benchmark for the hedged share classes, if any, is also calculated on a hedged basis. From inception to 29-Apr-16, the benchmark was the HSBC Singapore Local Currency All Bond Index. Calendar year returns are based on the share class performance for the year, and if the share class was incepted during a particular year, the returns shown relate to the performance of the share class since its inception to the end of that calendar year.

Refer to the factsheet for more details about the fund's performance.

Fund facts

  • Asset class Bond
  • Class AD
  • Inception date 09 Nov 2012
  • Base currency SGD
  • Benchmark index

    Markit iBoxx ALBI Singapore Index

  • Ratings

    Morningstar rating*:

    as of 31 Oct 2017

  • Subscription methodCash,SRS,CPFIS - OA,CPFIS - SA#
  • ISINSG9999007462
  • Size of fund (millions)SGD 626
  • Initial sales chargeCurrently 3%; Max 5%
  • Annual management fees0.5%
  • Minimum initial investmentSGD 1,000+
  • Minimum subsequent investmentSGD 100
Footnote : + Subject to Distributor's terms and conditions. * Rating should not be taken as a recommendation. © 2016 Morningstar. All rights reserved.

Fund managers

  • Danny Tan
    Portfolio Manager
    Danny Tan

    Danny Tan joined Eastspring Investments (Singapore) Limited, the Asian asset management business of Prudential plc, as Portfolio Manager, in February 2004.
    Danny is part of the Fixed Income team and is responsible for managing credit-focussed portfolios as well as customised fixed income solutions. Before joining the Fixed Income team in 2010, Danny also worked as Portfolio Manager and Analyst with other investment teams, where he has built up extensive investment experience in a wide range of asset classes, including fixed income, structured credits and equities.

    Prior to joining Eastspring Investments, Danny worked as an Investment Analyst with Tecity Management, covering equity and fixed income research.
    Danny is a CFA charterholder and holds a Bachelor of Business degree in Financial Analysis (Hons) from Nanyang Technological University, Singapore.

    #Low to Medium Risk – Narrowly Focused - Country - Singapore. The CPF interest rate for the Ordinary Account (OA) is based on the average 12-month fixed deposit and savings rates published by the major local banks. Under the CPF Act, the CPF Board pays a minimum interest of 2.5% p.a. when this interest formula yields a lower rate. The interest rate for the Special Account (SA) and Medisave Accounts (MA) is pegged to the 12-month average yield of 10-year Singapore Government Securities (10YSGS) plus 1%, or 4% whichever is the higher. The interest rate to be credited to the Retirement Account (RA) will be the weighted average interest of the entire portfolio of Special Government Securities (SSGS) which the RA savings are invested in, which earn a fixed coupon equal to the 12-month average yield of the 10Y SGS plus 1% at the point of issuance, or 4%, whichever is the higher. As announced on 22 September 2017, the Government will maintain the 4% p.a. minimum rate for interest earned on all RA monies until 31 December 2018. In addition, the CPF Board will pay an extra interest rate of 1% p.a. on the first SGD 60,000 of a CPF member's combined balances, including up to SGD 20,000 in the OA. Only monies in excess of SGD 20,000 in the OA and SGD 40,000 in the Special Account can be invested.

    This document is solely for information and may not be published, circulated, reproduced or distributed in whole or part to any other person without the prior written consent of Eastspring Investments (Singapore) Limited (“Eastspring Singapore”) (Company Reg No. 199407631H). This document is not an offer, solicitation of an offer, or a recommendation to transact in the investment units in the Fund. The information contained herein does not have any regards to the specific investment objectives, financial situation or particular needs of any person. A prospectus in relation to the Fund is available and a copy of the prospectus may be obtained from Eastspring Singapore and its distribution partners. Investors should read the prospectus and seek professional advice before making any investment decision. In the event that investor chooses not to seek advice, he should consider carefully whether the Fund in question is suitable for him. The value of units in the Fund and the income accruing to the units, if any, may fall or rise. Past performance of the Fund/Manager is not necessarily indicative of the future performance. Any prediction, projection or forecast on the economy, securities markets or the economic trends of the markets targeted by the Fund is not necessarily indicative of the future performance of the Fund. An investment in the Fund is subject to investment risks, including the possible loss of the principal amount invested. Whilst Eastspring Singapore has taken all reasonable care to ensure that the information contained in this document is not untrue or misleading at the time of publication, Eastspring Singapore cannot guarantee its accuracy or completeness. Any opinion or estimate contained in this document is subject to change without notice.

    The Fund/ underlying Fund(s) may use derivative instruments for efficient portfolio management and hedging purposes.

    Distributions are not guaranteed and may fluctuate. Past distributions are not necessarily indicative of future trends, which may be lower. Distribution payouts and its frequency are determined by the Manager, Eastspring Singapore, and can be made out of (a) income; or (b) net capital gains; or (c) capital of the Fund or a combination of (a) and/or (b) and/or (c).  The payment of distributions should not be confused with the Fund’s performance, rate of return or yield. Any payment of distributions by the Fund may result in an immediate decrease in the net asset value per unit.

    The preceding paragraph is only applicable if the Fund intends to pay dividends / distributions.

    Eastspring Singapore is an ultimately wholly-owned subsidiary of Prudential plc of the United Kingdom. Eastspring Singapore and Prudential plc are not affiliated in any manner with Prudential Financial, Inc., a company whose principal place of business is in the United States of America.

This website is intended for Singapore investors only. If you are not a Singapore investor, please visit one of our Eastspring websites by selecting the appropriate country above.

Eastspring Investments (Singapore) Limited ("Eastspring") is an ultimately wholly owned subsidiary of Prudential plc of the United Kingdom ("Ultimate Parent Company"). Eastspring and its Ultimate Parent Company are not affiliated in any manner with Prudential Financial, Inc., a company whose principal place of business is in the United States of America. Prudential plc, incorporated and with its principal place of business in England, and its affiliated companies constitute one of the world's leading financial services groups and has been in existence for over 166 years. It provides insurance and financial services directly and through its subsidiaries and affiliates throughout the world.


Copyright © 2012 Eastspring Investments (Singapore) Limited. All rights reserved.