UOBAM Notification – GrowthPath Portfolios -Benchmark Changes ( wef 5 Aug 2022)

Notice to Shareholders

The benchmark for the following funds (sub-funds of GrowthPath Portfolios and collectively, the “Portfolios”) will be changed from a composite of “MSCI ACWI, Singapore Straits Times Index, FTSE G7 Govt Bond Index, TR/SGX SFI Government Bond Index and SIBOR 3M” to a composite of “MSCI ACWI, Singapore Straits Times Index, FTSE G7 Govt Bond Index and TR/SGX SFI Government Bond Index”.

The composite benchmark for the Portfolios will be reset on 1 July of each year, instead of 1 January. The rationale for such change is to align the benchmark reset with the Model (as defined in the prospectus of the Portfolios) percentage allocation reset and the financial year of the Portfolios.

  1. GrowthPath Today
  2. GrowthPath 2020
  3. GrowthPath 2030

 

For the avoidance of doubt, there is no change to the investment objective, focus and approach of each of the Portfolios.

For more details , please refer to the shareholder notice.