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
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 yieldN/A
- Income distributionNo
- Last dividendN/A
- Ex-dividend dateN/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
- 1Potentially 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.
- 2High 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.
- 3Award 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 benchmarkSIBOR 3 Month SGD
- Inception date29-Sep-00
- Fund sizeSGD 555.76 M
- NAV1.73
- Fund houseNikko Asset Management Asia Limited
- Expense ratio0.42%
- Annual management feeN/A
Fund Documents
- Prospectus
- Factsheet