Infinity U.S. 500 Stock Index Fund
PSPL Risk Classification: High
The Infinity U.S. 500 Stock Index Fund aims for medium to long-term capital appreciation by following the performance of Standard & Poor's 500 Composite Stock Price Index (the "S&P 500 Index") through investment as a feeder fund in the Vanguard® U.S. 500 Stock Index Fund, a Sub-Fund of the Vanguard® Investment Series plc.
The Vanguard® U.S. 500 Stock Index Fund uses a "passive" management, or "indexing" investment approach in attempting to approximate the investment performance of the S&P 500 Index by holding a portfolio of either all, or a representative sample, of the securities in the S&P 500 Index in roughly the same proportions as presented in the index itself.
The Fund provides investors access to an index fund with a low startup amount and at lower cost. An index fund such as this Fund has operating expenses, and, therefore, while expected to follow its target index as closely as possible, will not be able to match the performance of the S&P 500 Index exactly.
Fund Information
- Asset Class:Equities
- Sector:Diversified
- Geography:United States
- Benchmark index:S&P 500 Composite Stock Price Index
- Launch Date:30 May 2000
- Launch Price:1
- Fund Currency:SGD
- Fund Source: CASH,SRS-IA
- 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 | - | - | SGD 1000 |
Minimum Subsequent Investment | SGD 100 | - | - | SGD 100 |
Minimum Redemption Amount ($)/units | 100 Unit(s) | - | - | 100 Unit(s) |
Relevant Charges
Cash | CPFOA-IA | CPFSA-IA | SRS-IA | |
---|---|---|---|---|
POEMS Sales Charge | 0% | - | - | 0% |
Internal Switch-in Charge/Min Switch-in Charge | 0.00 % / $ 0.00 | - | - | 0.00 % / $ 0.00 |
External Switch-in Charge | NA | - | - | NA |
Redemption/Realisation Charge | NA | - | - | NA |
Annual Management Fee | 2% | - | - | 2% |
Annual Trustee Fee | 0.25% | - | - | 0.25% |
Expense Ratio | 0.61% | - | - | 0.61% |
Fund Manager Sales Charge | NA | - | - | NA |
Admin Fee | NA | - | - | NA |