Investment Office Monthly Fund Digest (December 2024)
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Investment Office Monthly Fund Digest (December 2024)

Updated
30
Jul 2025
published
9
Dec 2024
Fund Digest 202412

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    This event is only for Accredited Investors (AI) in Singapore. Please verify that you are an AI.

    Technology funds are appealing for their potential to capture rapid growth and innovation. The Janus Henderson Global Tech Leaders Fund is recently introduced on Endowus Fund Smart. Launched in 1996, the Fund invests in top-tier global technology companies, focusing on large and mega-cap leaders. 

    Two new China equity funds that offer unique opportunities within this dynamic market are also introduced. The Fidelity China Focus Fund provides exposure to high-quality businesses in China through its robust bottom-up approach. The BlackRock BGF Systematic China A-Share Opportunities Fund leverages advanced technology to uncover alpha opportunities in the onshore market. The two Chinese equity funds are ideal for investors looking to diversify their portfolios and tap into the growth potential of the Chinese markets.

    Technology equities

    Janus Henderson Horizon Global Technology Leaders Fund

    ISIN: LU1316542783 (SGD, Cash/SRS), LU0070992663 (USD, Cash)

    Equity
    asset class
    Global
    geography
    Technology
    type
    Cash (SGD, USD)
    available funding source
    8.29%
    3-year annualised return*
    SGD 7.40bn
    fund AUM as of 5 December 2024
    RETAIL 100% REBATE
    Total fund-level fees 1.87%
    Cashback (0.60%)
    Fund-level fees after Cashback on trailer fees 1.27%

    The Fund invests in top-tier global technology companies with strong cash flow, earnings, and long-term growth potential, favouring established tech leaders in the large and mega-cap categories. Launched in 1996, it is one of the oldest technology funds available to retail investors in Singapore.

    Managed by three experienced co-portfolio managers, supported by two dedicated research analysts and the Janus Henderson research platform, the Fund has delivered favourable long-term returns since inception. It effectively manages downside risk and volatility by focusing on large, established companies. Ideal for investors seeking a core allocation within the technology sector, this Fund can be paired with higher-risk technology funds for comprehensive tech exposure.

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    China equities

    Fidelity China Focus Fund

    ISIN: LU1235261390 (SGD, CPF/Cash), LU0346390866 (USD, Cash)

    Equity
    asset class
    China
    geography
    Value
    type
    Cash (SGD, USD), CPF (SGD)
    available funding source
    -0.66%
    3-year annualised return*
    SGD 2.98m
    fund AUM as of 30 November 2024
    RETAIL 100% REBATE
    Total fund-level fees 1.71%
    Cashback (0.65%)
    Fund-level fees after Cashback on trailer fees 1.06%

    The Fund offers exposure to 60-80 high-quality businesses with value and quality tilts, primarily investing in H-shares, A-shares, and ADRs within the China Equity market.

    Managed by Nitin Bajaj since September 2022, with 20 years of investment experience, and supported by co-Portfolio Manager Alice Li and a team of 17 analysts, the fund’s value style tilt sets it apart from growth-focused peers, making it a complementary addition to a diversified China Equity portfolio.

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    BlackRock BGF Systematic China A-Share Opportunities Fund

    ISIN: LU1781817850 (SGD, Cash/SRS), LU1580142625 (USD, Cash)

    Equity
    asset class
    Global
    geography
    Systematic
    type
    Cash (SGD, USD), SRS (SGD)
    available funding source
    -11.6%
    3-year annualised return*
    SGD 864m
    fund AUM as of 5 December 2024
    RETAIL 100% REBATE
    Total fund-level fees 1.82%
    Cashback (0.375%)
    Fund-level fees after Cashback on trailer fees 1.445%

    The Fund leverages technology to systematically uncover alpha opportunities in the China A-share market, using both traditional financial data and alternative data sets. Targeting a beta of 1 and a tracking error of 3-5%, it aims for all-weather returns by investing in 150-400 onshore listed companies.

    Managed by BlackRock Systematic Active (SAE)’s China team, led by Rui Zhao, the Fund benefits from SAE's three decades of innovation in quantitative investing and the expertise of over 90 professionals from diverse backgrounds, including tech firms, US civil space unit NASA, and academia. The fund offers diversified exposure to the A-share market with a systematic, style-agnostic approach, making it a suitable complement to other A-share managers with strong value or growth biases.

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    Funds for accredited investors (AIs) only

    We have also added two new funds this month for accredited investors only, including an alternative fund.

    If you wish to invest in an accredited investor-only (AI-only) fund, please email us at privatewealth@endowus.com

    Customise your portfolio in minutes with Endowus Fund Smart

    Whether you’re looking to invest your cash, CPF, or SRS, there’s something for everyone at Endowus. Want to explore the funds available on our Fund Smart platform? Refer to our investment funds list here in a single glance. 

    The Endowus Fund Smart platform comes with wide currency selection and dividend payout options. These give you more flexibility and information in selecting your own funds and building your own portfolios. 

    You can transfer your funds from other banks or platforms into Endowus, potentially saving you up to 50% or more on your fees. Fee is more transparent, and in most cases much lower cost, to invest and grow your wealth with Endowus than it would be to replicate your portfolio and similar services at a private bank, online "low cost, no fee" platform, or retail bank.

    Customise your ideal investment portfolio in minutes with Fund Smart. The Endowus Fee for Single Fund Goals is 0.3% p.a., reinforcing our commitment to reduce the cost of investing. 

    Not sure how to invest with Fund Smart? Find out everything you need to know in our FAQs

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    *Annualised returns are calculated based on the returns of the target share class, and the oldest share class of the fund where the target share class is younger than three years. Three-year returns are based on the period from December 2021 to November 2024 unless otherwise stated. Returns are translated into SGD (except for non-SGD funds) and are net of fund-level fees. 

    Where a fund or portfolio has both SGD and USD share classes, the fees of the SGD share class are shown. Total portfolio and fund-level fees include fund total fund-level fees.

    Endowus does not charge a preliminary sales charge or any other additional fees, other than the all-in Endowus Fee.

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    Fund Digest 202412

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