Eastspring Investments Unit Trusts - Global Technology Fund

SGD 2.228
NAV as of 08 Aug 2022
Daily $ Change
0.95 %
Daily % Change

Morningstar rating* 31 Jul 2022:

star star star star star

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.

Fund facts

Asset class Equity
Class N.A
Subscription method Cash,SRS
ISIN code SG9999002794
Bloomberg ticker PRUSTEC SP
Minimum initial investment SGD 1,000+
Minimum subsequent investment SGD 100
Inception date 04 May 2001
Base currency SGD
Initial sales charge Cash - Max 5%
Annual management fees 1.50%^
Benchmark index MSCI All Countries World Information Technology Index + Communication Services Index
Morningstar rating *
31 Jul 2022

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. © Morningstar. All rights reserved.

This document is solely for information and may not be published, circulated, reproduced or distributed in whole or part to any other person without the prior written consent of Eastspring Investments (Singapore) Limited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 advertisement has not been reviewed by the Monetary Authority of Singapore. This document is not an offer, solicitation of an offer, or a recommendation to transact in the investment units in the Fund(s). 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(s) 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(s) and the income accruing to the units, if any, may fall or rise. Past performance of the Fund(s)/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(s) is not necessarily indicative of the future performance of the Fund(s). An investment in the Fund(s) 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(s)/ underlying Fund(s) may use derivative instruments for efficient portfolio management and/or 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 or with the Prudential Assurance Company, a subsidiary of M&G plc, a company incorporated in the United Kingdom.