Lionglobal Money Market Fund
Share Class : SGD Class A
1.460
+0.01%
NAV in SGD. As of 20:00:00 SGT
Performance
1 Year
3.55%
3 Year
2.87%
5 Year
2.06%
10 Year
1.62%
Figures shown are annualised and not an indication of future performance
Dividend
- Dividend yieldN/A
- Income distributionNo
- Last dividendN/A
- Ex-dividend dateN/A
Fund Highlights
Fund Description
The Fund aims to manage liquidity and risk while looking to provide a return which is comparable to that of SGD short-term deposits. The Sub-Fund will invest in high quality short-term money market instruments and debt securities. Such investments may include government and corporate bonds, commercial bills and deposits with financial institutions.
Key Features
- 1Returns comparable to that of SGD short-term deposits but with liquidity and risk management
The Fund will invest in high quality short-term money market instruments and debt securities. However, returns are not guaranteed.
- 2Liquidity for investors
The Fund provides investors with high level of liquidity by maintaining close to 20% of the daily NAV in the form of cash and overnight fixed deposits to meet redemption requirements. Compared to fixed deposits and T-bills, the Lion Global Money Market Fund offers more flexibility as investors are not required to hold through a maturity date.
- 3Actively managed by investment professionals with relatively low fees
The Fund is managed dynamically to respond quickly to changes in interest rates.
Beansprout Insights
Fund Allocation
Asset Allocation
- Cash
79.54%
- Bond
20.20%
- Other
0.26%
Top 10 Holdings
Government of Singapore 2% due
6.22%
Fixed deposits
5.01%
MAS Bill Series due (SGXZ72734635)
4.16%
MAS Bill Series due (SGXZ81383903)
3.77%
MAS Bill Series due (SGXZ73830481)
3.4%
MAS Bill Series due
3.38%
MAS Bill Series due
3.2%
Cash and cash equivalents
3.19%
Singapore Treasury Bill Series due
2.88%
MAS Bill Series due (SGXZ)
2.83%
Fund Information and Fees
- Fund benchmark1M SIBOR - 0.25%
- Inception date01-Nov-99
- Fund sizeSGD 1,566.27 M
- NAV1.46
- Fund houseLion Global Investors Ltd
- Expense ratio0.33%
- Annual management feeN/A