Nikko AM Shenton Short Term Bond Fund

Share Class : SGD Class

1.727

+0.05%

NAV in SGD. As of 20:00:00 SGT

Performance
Annualised Return

1 Year

4.19%

3 Year

2.76%

5 Year

2.05%

10 Year

2.14%

Figures shown are annualised and not an indication of future performance

Dividend
  • Dividend yield
    N/A
  • Income distribution
    No
  • Last dividend
    N/A
  • Ex-dividend date
    N/A
Fund Highlights

Fund Description

The investment objective of the Fund is to seek preservation of capital and liquidity and consistent with this objective, to outperform the Singapore Interbank Offered Rate (SIBOR) by investing in a diversified portfolio of good quality, short-term bonds and money market instruments.

Key Features

  • 1
    Potentially higher return over Singapore Interbank Offered Rate (SIBOR)

    The investment objective of the Fund seeks to preserve capital and liquidity, and allows investors to earn a potentially higher return over the Singapore Interbank Offered Rate (SIBOR). However, returns are not guaranteed. 

  • 2
    High Quality, diversified portfolio

    The Fund is diversified into a portfolio of high quality, actively-managed short-term bonds and money market instruments. The Fund is country, industry and sector agnostic, reducing investors’ exposure to excessive credit risk. 

  • 3
    Award Winning and actively managed by investment professionals.

    The Fund has a strong track record since inception. The Fund won the Best-in-Class at the Benchmark Fund of the Year Awards 2022 in the Asia Fixed Income category, Singapore region. 

Fund Allocation

Asset Allocation

  • Bond

    84.24%

  • Cash

    12.46%

  • Other

    3.30%

Top 10 Holdings

  • KOREAOCEANBUSIN 24-24/07/2029 FRN

    1.96%

  • SUNSHINE LIFE 4.5% 16-20/04/2026

    1.92%

  • BOCOM LEASING 20-02/03/2025 FRN

    1.76%

  • DBS GROUP HLDGS 21-10/03/2031 FRN

    1.75%

  • UNITED OVERSEAS 21-14/10/2031 FRN

    1.72%

  • SCENTRE GRP TRST 24-27/11/2029 FRN

    1.69%

  • SINGAPORE LIFE HLDG 20-24/02/2031 FRN

    1.55%

  • MAS BILL 0% 24-27/12/2024

    1.54%

  • PCGI INTERM III 4.5% 21-23/08/2026

    1.48%

  • ZHONGAN ONLINE 3.125% 20-16/07/2025

    1.46%

Fund Information and Fees
  • Fund benchmark
    SIBOR 3 Month SGD
  • Inception date
    29-Sep-00
  • Fund size
    SGD 555.76 M
  • NAV
    1.73
  • Fund house
    Nikko Asset Management Asia Limited
  • Expense ratio
    0.42%
  • Annual management fee
    N/A
Fund Documents