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Fund objective

This Fund aims to maximise long-term total returns through investment in equities and  equity-related securities of companies around the world with innovative products, processes or services. These investments include,  but are not restricted to, those companies whose provision or use of technology give them a strategic advantage in the market. The Manager intends to achieve this investment objective by investing all or substantially all of the assets of the Fund into the Luxembourg-domiciled Eastspring Investments - Global Technology Fund which shares the same investment objective.

  • NAV
Export historical fund price

Returns

1 mth
 
1 yr
 
3 yrs
(p.a)
5 yrs
(p.a)
10 yrs
(p.a)
Since inception
(p.a)
Offer-bid-7.0%32.0%14.2%15.4%5.6%0.8%
Bid-bid-2.1%38.9%16.1%16.5%6.1%1.1%
Benchmark-1.5%38.6%17.8%18.2%7.3%2.9%

Returns (%) as of 30-Jun-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 class, if any, is also calculated on a hedged basis. From inception to 30 November 2008, the benchmark was the FTSE World Information Technology 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.


Past performance and the predictions, projections, or forecasts on the economy, securities markets or the economic trends of the markets are not necessarily indicative of the future or likely performance of Eastspring Investments or any of the funds managed by Eastspring Investments. There are limitations to the use of indices as proxies for the past performance in the respective asset classes/sector.

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

Fund facts

  • Asset class Equity
  • Class N.A
  • Inception date 04 May 2001
  • Base currency SGD
  • Benchmark index

    MSCI All Countries World Information Technology Index

  • Ratings

    Morningstar rating*:

    as of 31 Jul 2017

  • Subscription methodCash,SRS,CPFIS - OA#
  • ISINSG9999002794
  • Initial sales chargeCash - Max 5%; CPF - Max 3%
  • Annual management fees1.50%^
  • Minimum initial investmentSGD 1,000+
  • Minimum subsequent investmentSGD 100
Footnote : + Subject to distributor’s terms and conditions.^ Fees includes management fee charged by the investment manager of Luxembourg- domiciled Eastspring Investments – Global Technology Fund. * Rating should not be taken as a recommendation. © 2016 Morningstar. All rights reserved.

    #Higher Risk – Narrowly Focused – Sector – Technology. The CPF interest rate for the Ordinary Account (OA) is based on the average12-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 10YSGS plus 1% at the point of issuance, or 4%, whichever is the higher. As announced on 30 November 2015, the Government will maintain the 4% p.a. minimum rate for interest earned on all RA monies until 31 December 2016. In addition, the CPF Board will pay an extra interest rate of 1% p.a. on the first S$60,000 of a CPF member's combined balances, including up to S$20,000 in the OA. Only monies in excess of S$20,000 in the OA and S$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.

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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.

 

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