Home / Our funds / Fund prices / All funds / Eastspring Investments Unit Trusts - Asian Balanced Fund
Fund objective

This Fund aims to maximise total return in the medium to long term by investing in a portfolio comprising of equities of companies in the Asian ex-Japan region, and quality corporate bonds and other fixed income securities issued in the United States market.

  • 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-2.5%9.0%4.0%2.7%2.3%5.2%
Bid-bid1.6%13.6%5.4%3.5%2.7%5.5%
Benchmark1.5%14.5%7.4%6.1%4.6%6.8%

Returns (%) as of 28-Feb-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 30-Sep-2008, the benchmark was a composite of 50% MSCI AC Far East ex Japan Index, 30% The BofA Merrill Lynch U.S. Corporates, A2 Rated and above Index, and 20% The BofA Merrill Lynch U.S. Corporates, BBB3-A3 Rated Index. From 1-Oct-2008 to 22-May-2016, the benchmark was a composite of 50% MSCI AC Asia ex Japan Index, 30% The BofA Merrill Lynch U.S. Corporates, A2 Rated and above Index & 20% The BofA Merrill Lynch U.S. Corporates, BBB3-A3 Rated 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 Multi asset
  • Class N.A
  • Inception date 24 Feb 2003
  • Base currency SGD
  • Benchmark index

    50% MSCI AC Asia Pacific ex japan index 30% The BofA Merill Lynch U.S. Corporates, A2 Rated and above index 20% The BofA Merrill Lynch US Corporates, BBB3-A3 Rated index

  • Ratings

    Morningstar rating*:

    as of 28 Feb 2017

  • Subscription methodCash,SRS,CPFIS - OA,CPFIS - SA#
  • ISINSG9999002810
  • Initial sales chargeCash - Currently 4%, Max 5%, CPF - Max 3%
  • Annual management fees1.3%^
  • Minimum initial investmentSGD 1,000+
  • Minimum subsequent investmentSGD 100
Footnote : + Subject to distributor’s terms and conditions.^ Includes the management fees charged by the investment manager of the underlying Luxembourg-domiciled Eastspring Investments - Asian Equity Fund, Eastspring Investments - US High Investment Grade Bond Fund and Eastspring Investments - US Investment Grade Bond Fund. * Rating should not be taken as a recommendation. © 2016 Morningstar. All rights reserved.

Fund managers

  • Zhenghao Phua
    Portfolio Manager
    Zhenghao Phua

    Zhenghao Phua joined Eastspring Investments (Singapore) Limited, the Asian asset management business of Prudential plc, as Junior Portfolio Manager, in September 2010.
     
    Zhenghao is part of the Global Asset Allocation team, and provides support to the senior investment team of GAA in the areas of Research, Fund Management and Quant/Database.
     
    Prior to joining Eastspring Investments, Zhenghao was a Research Analyst with UOB Asset Management.

    Zhenghao holds a Bachelor of Business Administration in Finance from the National University of Singapore and is CFA charterholder.

    #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.

Back to top ^

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.