Amundi Singapore Straits Times Fund AS SGD Acc

Fund Description

To track the performance of Straits Times Index (the "Index"), and to minimize the tracking error between the net asset value of the sub-fund and the performance of the Index.

Key Features

• 1

  Tracks the Straits Times Index through direct replication

  The fund aims to track the performance of the Straits Times Index while minimising the tracking error against the index. The index comprises the top 30 largest and liquid companies listed on the Singapore Exchange. The fund uses direct replication, mainly investing directly in the index constituents in proportions close to their index weights. The prospectus states that the fund anticipates tracking the index with a tracking error of up to 1% under normal market conditions.

• 2

  Concentrated exposure to Singapore-listed companies

  The fund's investments are focused on the Singapore market, with the Straits Times Index representing leading securities traded in Singapore. As at 31 July 2026, the factsheet showed 30 holdings, with Singapore accounting for 92.88% of the benchmark's geographical exposure. The largest benchmark holdings included DBS Group Holdings, Oversea-Chinese Banking Corporation, United Overseas Bank, Singapore Telecommunications and Singapore Exchange. The prospectus also highlights the fund's high volatility due to its exposure to equity markets and its focused exposure to Singapore as key considerations.

• 3

  SGD accumulation share class with no performance fee

  The fund is offered in the AS Acc share class, with SGD as its share-class and sub-fund base currency, and the shares are classified as accumulation shares. The factsheet states that NAV is calculated daily, while the maximum front-end load is 4.50% and the exit charge is 0.00%. The prospectus also states that no performance fees are payable for the share classes offered under the Singapore Prospectus, while the AS Acc share class has maximum annual management and administration fees of 0.08% and 0.07%, respectively.