Allspring Climate Transition Global Investment Grade Credit Fund SGD-Hedged(LU2667752377)
- Fixed income
- Investment grade
- Global
- SGD Cash, SRS
- Accumulating
The Fund seeks total return, maximising investment income whilst preserving capital by investing at least two-thirds of its assets in investment grade credit debt issued by corporates globally. It targets to decarbonise the portfolio by 2050.
Provides broad exposure to the global investment grade corporate bond universe, focusing on high-quality debt issuers. Maintains a core climate transition objective, targeting net-zero carbon emissions by 2050 through an immediate and significant reduction in carbon intensity. Distinctly aims to incentivize climate transition outperformers rather than exclusively investing in existing low-carbon issuers.
Led by highly experienced portfolio managers Henrietta Pacquement and Scott Smith, who possess over 20 and 35 years of industry experience, respectively. Supported by an institutional-grade platform of more than 80 dedicated fixed income analysts globally. The team integrates specialized ESG and climate research capabilities to drive the fund's transition-focused mandate.
Designed as a low tracking error solution relative to the Bloomberg Global Aggregate Corporate Index. Targets consistent net outperformance over a full market cycle through a risk-controlled framework. Structural alpha is primarily driven by bottom-up security selection rather than large thematic or directional market bets.
Employs a repeatable investment process centered on deep collaboration between credit analysts and portfolio managers for both top-down and bottom-up decision-making. Utilizes a proprietary climate transition framework embedded into fundamental credit analysis to identify companies with robust decarbonization trajectories. Mitigates non-core risks by hedging all foreign currency exposure back to the base currency.
Access to institutional share class with no trailer fees to achieve the lowest possible fees
Serves as a high-quality core fixed income allocation, providing globally diversified exposure to investment grade corporate credit. Aligns institutional-grade credit exposure with long-term sustainability goals and climate transition objectives. Investors should maintain a diversified asset allocation to manage inherent interest rate sensitivity and the credit risk associated with corporate debt obligations.
Daily data. Returns as of 13 Sep 2026.
| Year | Total | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
| 2026 | - | 0.2% | 0.8% | -2.3% | 0.5% | 0.5% | 0.1% | -1.6% | -0.1% | - | - | - | - |
| 2025 | 4.3% | 0.5% | 1.5% | -0.6% | 0.3% | -0.0% | 1.2% | -0.0% | 0.6% | 0.8% | 0.3% | 0.2% | -0.5% |
| 2024 | 2.3% | 0.4% | -1.3% | 1.2% | -2.1% | 1.2% | 0.6% | 2.0% | 1.0% | 1.3% | -1.8% | 1.2% | -1.5% |
| 2023 | - | - | - | - | - | - | - | - | - | -0.7% | -0.8% | 4.2% | 3.5% |
| United States Treasury Notes 4.63% (2035-02-15 Maturity) | 1.92% |
| Citigroup Inc. 5.17% (2036-09-11 Maturity) | 1.34% |
| Bank of America Corp. 2.97% (2033-02-04 Maturity) | 0.88% |
| United States Treasury Notes 4.375% (2036-05-15 Maturity) | 0.81% |
| Truist Financial Corp. 1.89% (2029-06-07 Maturity) | 0.72% |
| Motorola Solutions Inc 4.6% (2028-02-23 Maturity) | 0.70% |
| Telefonica Emisiones S.A.U. 4.3525% (2034-11-27 Maturity) | 0.69% |
| Marsh & McLennan Companies, Inc. 5% (2035-03-15 Maturity) | 0.68% |
| Simon Global Development BV 3.65% (2031-06-15 Maturity) | 0.68% |
| ASN Bank NV 3.625% (2032-04-28 Maturity) | 0.67% |
Disclaimer: ©2025 Morningstar. All Rights Reserved. The information contained here relating to a particular collective investment scheme: (1) is proprietary to Morningstar Research Pte. Limited and/or its content providers (“Information Provider(s)“) unless otherwise specified; and (2) may not be copied or distributed. Neither the Information Provider nor Endowus guarantee or endorse the accuracy, reliability, completeness or timeliness of the information, or are responsible for any damages or losses arising from any use of this information. Further, for technical reasons, certain information provided by Information Provider may be different from that supplied by the respective fund houses.
This website is for information purposes only and is not and should not be construed as an offer or the solicitation of an offer or a recommendation for the purchase or sale of any investment or subscribe for, or to participate in, any services. Any opinion or estimate above is made on a general basis and none of Endowus, nor any of its affiliates, 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. Opinions expressed herein are subject to change without notice. You should carefully consider whether any investment views and investment products/services are appropriate in view of your investment experience, objectives, financial resources and relevant circumstances or seek financial advice via Endowus' platform.
Investment involves risk. 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. Past performance is not an indicator nor a guarantee of future performance. 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.
You are responsible for downloads from this website. Endowus does not warrant that any downloads from this website will meet your needs or expectations, or be uninterrupted, secure, or error free or that any files available for downloading through this website are free of computer viruses or other harmful components. You alone are responsible for ensuring adequate protection and backup of data, software, computer, and other equipment is made and appropriate safeguard is in place to detect, prevent and eliminate computer viruses and other harmful effects. Neither Endowus nor the Information Provider will be responsible for any costs or expenses which may be incurred if your use of this website or if any downloads results in any servicing or replacement of property, material, equipment, or data.
This advertisement has not been reviewed by the Monetary Authority of Singapore.