Securing income and long-term capital growth (Fund Digest November 2022)

Want to get income from a wide variety of bonds, or invest in companies with the potential to define tomorrow’s world?

This month, we’re excited to introduce three new funds on Fund Smart — one managed by JP Morgan (JPM) and two by Capital Group.

The JPM fund is a popular income solution for investors looking for healthy yield and diversification across the bond universe. Its portfolio spans multiple debt markets including North America and developed markets in Europe, as well as fixed-income sectors ranging from investment-grade corporate bonds to sovereign debt in emerging markets.

To gain exposure to global equity strategies, consider the two Capital Group funds. These are the first funds from Capital Group that Endowus has brought on board. 

The New Economy Fund focuses on companies that are forward-thinking, fast-growing, and meeting the demands of an ever-evolving global economy. The New Perspective Fund looks to capture opportunities generated by changes in international trade patterns as well as economic and political relationships.

Founded in 1931, Capital Group is one of the world’s largest and oldest asset managers. It manages across various asset classes, with equities being one of its core capabilities. 

Global income

JPM Income Fund

ISIN: LU2044937824 (SGD), LU1128926489 / LU1041599405 (USD)

The JPM Income Fund aims to provide a predictable level of income with 4% to 6% target annualised volatility, by investing dynamically in a diverse portfolio of fixed income securities — including government bonds, investment-grade corporate credit, high-yield corporate credit, as well as emerging-market debt and securitised products.

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Read more: Incoming — find robust income with dividends and yield (Fund Digest September 2022)

Global equities

Capital Group New Economy Fund

ISIN: LU2050928626 (SGD), LU2032731189 (USD)

The Capital Group New Economy Fund invests in the “companies of tomorrow” — those that will define our lifestyles in the future through new technologies and innovation, across sectors such as technology and healthcare. It is supported by a team of eight portfolio managers, each with more than 25 years of experience on average. The fund uses a bottom-up approach to construct a portfolio of over 200 companies of various sizes.

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Capital Group New Perspective Fund

ISIN: LU1295555137 (SGD), LU1295555210 (USD)

The Capital Group New Perspective Fund invests in companies that will benefit from the long-term evolution of the global economy. It uses a bottom-up approach to construct a diverse portfolio of almost 300 companies across all industries globally. The fund is managed by nine portfolio managers, each with an average of 30 years’ experience.

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Funds for accredited investors (AIs) only

We have also added five new AI-only funds this month, including one alternatives fund.

Verified accredited investors can now self-serve and purchase AI-only funds directly via Fund Smart. 

To find out more about opting in as an accredited investor in Singapore, click here. For further information or to explore the options available to AIs, please contact Endowus Private Wealth for a consultation.

Customise your portfolio in minutes with Fund Smart

Want to know more about the funds available on Endowus Fund Smart? Refer to our investment funds list here for a quick overview in a single glance.

We have also recently given the Fund Smart platform a massive upgrade — including wider currency options and new dividend payout options. These give you more flexibility and information in selecting your own funds and building your own portfolios.

Customise your ideal investment portfolio in minutes with Fund Smart at a low, fair fee. The Endowus Fee for Single Fund Goals via Fund Smart (Cash, CPF, and SRS) is 0.3% p.a., reinforcing our commitment to reduce the cost of investing. This pricing means that more than 95% of the funds are now cheaper on Endowus than on any other fund platform, bank, private bank, financial advisor, or broker in Singapore. 

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

Read more: Introducing iShares index funds by BlackRock (Fund Digest October 2022)

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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 2019 to November 2022 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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Investment involves risk. Past performance is not necessarily a guide to future performance or returns. The value of investments and the income from them can go down as well as up, and you may not get the full amount you invested. Rates of exchange may cause the value of investments to go up or down. Individual stock performance does not represent the return of a fund.

Any forward-looking statements, prediction, projection or forecast on the economy, stock market, bond market or economic trends of the markets contained in this material are subject to market influences and contingent upon matters outside the control of Endow.us Pte. Ltd (“Endowus”) and therefore may not be realised in the future. Further, any opinion or estimate is made on a general basis and subject to change without notice. In presenting the information above, none of Endowus Pte. Ltd., its affiliates, directors, employees, representatives or agents have given any consideration to, nor have made any investigation of the objective, financial situation or particular need of any user, reader, any specific person or group of persons. Therefore, no representation is made as to the completeness and adequacy of the information to make an informed decision. You should carefully consider (i) whether any investment views and products/ services are appropriate in view of your investment experience, objectives, financial resources and relevant circumstances. You may also wish to seek financial advice through a financial advisor or the Endowus platform and independent legal, accounting, regulatory or tax advice, as appropriate.

Investment into collective investment schemes: Please refer to respective funds’ prospectuses for details of the funds, their related fees, charges and risk factors, The listing of units of the fund on a stock exchange does not guarantee a liquid market for the units. Before making an investment decision, you are reminded to refer to the relevant prospectus for specific risk considerations.

For Cash Smart Secure, Cash Smart Enhanced, Cash Smart Ultra: It is not a bank deposit and not capital guaranteed, and is subject to investment risks, including the possible loss of the principal amount invested. Investment products are not insured products under the provisions of the Deposit Insurance and Policy Owners Protection Schemes Act 2011 of Singapore and are not eligible for deposit insurance coverage under the Deposit Insurance Scheme. Interest rates are indicative and subject to change at any time.

Product Risk Rating: Please note that any product risk rating (the “PRR”) provided by us is an internal rating assigned based on our product risk assessment model, and is for your reference only. The PRR is subject to change from time to time. The PRR does not take into account your individual circumstances, objectives or needs and should not be regarded as advice or recommendation to purchase, hold or sell any fund or make any other investment decisions. Accordingly, you should not solely rely on the PRR in making your investment decision in the relevant Fund.

This advertisement has not been reviewed by the Monetary Authority of Singapore.