Eastspring Investments - US Inv Grade Bd Fd AS SGD
PSPL Risk Classification: Low to Medium
This Sub-Fund aims to maximise long-term return by investing in a diversified portfolio consisting primarily of quality bonds and other fixed income / debt securities denominated in US dollars, issued in the US market (including “Yankee” and “Global” bonds.) rated BBB- and above. The Sub-Fund may invest up to 15% of its net assets in CMBS, MBS and ABS. The Sub-Fund may invest no more than 25% of its net assets in debt instruments with loss absorption features out of which up to 5% of its net assets may be invested in CoCos with loss absorption features (such as Additional Tier 1 capital and Tier 2 capital instruments with mechanical triggers (i.e. debt instruments with write-down or conversion into equity features with pre-specified triggers) and up to 20% of its net assets in non-preferred senior debt and other subordinated debts with loss absorption features.
Fund Information
- Asset Class:Fixed Income
- Sector:Diversified
- Geography:United States
- Benchmark index:ICE BofAML U.S. Corporates BBB3-A3 Rated Index
- Launch Date:02 Feb 2009
- Launch Price:10
- Fund Currency:SGD
- Fund Source: CASH
- CPF Risk Classification:
- Price Made Known On:T+2
- Price Type:Net Asset Value
- Dealing Cut Off Time:3:00PM Spore Time
Information
Cash | CPFOA-IA | CPFSA-IA | SRS-IA | |
---|---|---|---|---|
Minimum Investment Amount | SGD 1000 | - | - | - |
Minimum Subsequent Investment | SGD 100 | - | - | - |
Minimum Redemption Amount ($)/units | 0 Unit(s) | - | - | - |
Relevant Charges
Cash | CPFOA-IA | CPFSA-IA | SRS-IA | |
---|---|---|---|---|
POEMS Sales Charge | 0% | - | - | - |
Internal Switch-in Charge/Min Switch-in Charge | 0.00 % / $ 0.00 | - | - | - |
External Switch-in Charge | NA | - | - | - |
Redemption/Realisation Charge | NA | - | - | - |
Annual Management Fee | 1.25% | - | - | - |
Annual Trustee Fee | - | - | - | |
Expense Ratio | 1.01% | - | - | - |
Fund Manager Sales Charge | NA | - | - | - |
Admin Fee | NA | - | - | - |