Nikko AM Shenton Thrift Fund

Fund Description

The investment objective of the Fund is to maximize medium to long term capital appreciation by investing primarily in stocks listed on the Singapore Exchange Securities Trading Limited ("SGX-ST"). The Fund may also invest in companies listed on stock exchanges outside Singapore subject to a limit not exceeding 30% of the total value of the Deposited Property or such other amount as agreed from time to time between the Managers and the Trustee. The Fund invests in Singapore and Asia Pacific countries.

Key Features

• 1

  Award-winning fund

  The fund has a track record that spans over 30 years and has recently been awarded by LSEG Lipper for the best five-year returns in Singapore equity. The fund was able to deliver this good performance by offering one of the most cost-competitive management fees in Singapore. 

• 2

  Gain exposure to 'New Singapore'

  The fund aims to capitalise on the best opportunities in Singapore, focusing on stocks that deliver positive environmental change and feature attractive and sustainable returns. These convictions are strongly expressed in what the fund manager calls new Singapore stocks in sectors such as healthcare, utility, tech, data, and logistics. Which we believe represents the future economy of Singapore. 

• 3

  Upside opportunities in corporate restructuring

  The fund also offers upside opportunities in corporate restructuring. The fund manager believes reinvention and innovation is at the core of restructuring efforts and change in Singapore, and sees more companies adapting to the new global economy by undergoing corporate restructuring efforts to create shareholder value for investors. Corporate governance in Singapore has also improved, with many companies paying more attention to cash flow management, and delivering dividend growth opportunities, which the fund focuses on.