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Securities

Fullerton Short Term Interest Rate Fund

Share Class : Class B

1.681

+0.01%

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

Fullerton Short Term Interest Rate Fund
1.68133
+0.01%
Performance
Annualised Return

1 Year

4.32%

3 Year

1.95%

5 Year

1.72%

10 Year

2.33%

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 FSTIR Fund is to achieve medium-term capital appreciation for investors. The investments of the FSTIR Fund will be broadly diversified with no specific industry or sectoral emphasis. The investment strategy of FSTIR shall be to maximise returns via investment in Singapore Dollar and foreign currency denominated fixed income securities, of up to 5 years tenure, and money market instruments. The foreign currency denominated fixed income securities will be fully hedged back to the Singapore Dollar except for a 1% frictional currency limit, and will have investment-grade credit ratings of at least BBB- by Standard and Poor’s or Baa3 by Moody’s (or their respective equivalents). The investments are to be made after analysing historic and expected interest rate movements. FSTIR may also invest in FDIs for the purposes of hedging and/or efficient portfolio management (namely, managing risks) without leveraging the portfolio.

Key Features

  • 1
    An attractive, low risk alternative to cash

    As central banks pivot towards rate cuts, cash rates and SGD T-bills are expected to decline. This could mean lower returns for investors relying on cash-like products. To ensure your money continues to work hard for you, consider allocating to the Fullerton Short Term Interest Rate Fund. The fund invests in high-quality, short-dated credits, offering a more attractive option by providing the potential for better returns without significant compromise on quality

  • 2
    No currency risks for SGD-based investors

    The Fund invests in a combination of SGD denominated credits and foreign denominated credit hedged back to SGD. This strategic approach ensures consistent returns while minimising currency risk, making it a trusted choice for SGD-based investors seeking stability and steady returns.

     

  • 3
    Daily Liquidity

    The Fullerton Short Term Interest Rate Fund allows for daily redemption where proceeds will normally be returned within 7 business days

Fund Allocation

Asset Allocation

  • Bond

    91.83%

  • Cash

    8.59%

  • Other

    -0.42%

Top 10 Holdings

  • Macquarie Group Limited Series EMTN Var due

    3.69%

  • Singapore Government Bond 2.875% due

    2.9%

  • Hotel Properties Limited Series MTN 3.8% due

    2.52%

  • Deutsche Bank AG Series EMTN Var due

    2.34%

  • UOL Treasury Services Pte Limited Series MTN 2.33% due

    2.22%

  • Shangri-La Hotel Limited Series EMTN 4.5% due

    2.22%

  • Keppel Land Limited Series MTN 2% due

    1.95%

  • FLCT Treasury Pte Limited 3.83% due

    1.83%

  • Eastern Air Overseas (Hong Kong) Corporation Limited 2% due

    1.75%

  • OUE Treasury Pte Series MTN 4.1% due

    1.74%

Fund Information and Fees
  • Fund benchmark
    3M SORA Compounded Average + 0.6% SGD
  • Inception date
    04-Jun-08
  • Fund size
    SGD 1,072.07 M
  • NAV
    1.68
  • Fund house
    Fullerton Fund Management Company Ltd
  • Expense ratio
    0.23%
  • Annual management fee
    N/A
Fund Documents
VIEW PRODUCT SITE