The Fund aims to achieve medium-term capital appreciation. The investments of the Fund will be broadly diversified with no specific industry or sectoral emphasis.
Invests mainly in high-quality bonds and money market instruments in both SGD and foreign currencies, with maturities of up to 5 years and duration of up to 2.5 years. Provides diversified exposure to the Singapore bond market and high-quality Asian USD investment grade credits. Minimizes currency risk through hedging of foreign currency exposures back to SGD while maintaining a relatively short investment duration.
Led by Melvin Lee and Co-Lead Portfolio Manager Alan Ng, supported by a team of fixed income specialists with an average of 19 years of experience.
Targets steady long-term capital appreciation and consistent outperformance of its benchmark, 3M SORA + 0.60% p.a. over a full market cycle. Designed to maintain low volatility and resilient risk-adjusted returns across various market conditions. Aims to deliver performance stability by focusing on high-quality credit and disciplined duration management.
Deploys an active investment approach to identify mispriced opportunities across the investment universe. Integrates top-down macroeconomic analysis with bottom-up fundamental security selection to drive allocation decisions. Employs active management within a robust risk framework to monitor and manage investment risks proactively.
Endowus offers retail share class with 100% trailer fee rebated back to Endowus investors to achieve lower cost of access.
With its duration limit of 2.5 years, it serves as a SGD fixed income allocation for investors seeking short to medium-term capital appreciation through diversified investment grade credit exposure. Functions as an efficient solution for investors looking to outperform short-term interest rates with low volatility and currency stability. Due to its regional concentration in Asian investment grade corporates, investors may consider diversifying across complementary strategies.
Daily data. Returns as of 05 Nov 2026.
| Year | Total | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
| 2026 | - | 0.1% | 0.4% | -0.6% | 0.3% | 0.2% | 0.1% | -0.1% | 0.0% | -0.6% | 0.3% | - | - |
| 2025 | 4.7% | 0.3% | 0.6% | 0.7% | 0.3% | 0.3% | 0.7% | 0.4% | 0.6% | 0.3% | 0.2% | 0.1% | 0.1% |
| 2024 | 4.0% | 0.3% | 0.2% | 0.3% | 0.2% | 0.6% | 0.2% | 0.7% | 0.4% | 0.7% | 0.0% | 0.3% | 0.1% |
| 2023 | 4.2% | 0.9% | 0.1% | 0.3% | 0.4% | 0.2% | 0.2% | 0.3% | 0.1% | 0.2% | 0.3% | 0.6% | 0.6% |
| 2022 | -4.3% | -1.0% | -0.4% | -1.4% | -0.4% | 0.3% | -0.5% | -0.3% | -0.2% | -0.7% | -0.9% | 0.5% | 0.7% |
| Load more | 5 of 18 | ||||||||||||
| Deutsche Bank AG 4.4% (2028-04-05 Maturity) | 2.12% |
| Seatrium Financial Services Pte Ltd. 2.95% (2031-04-28 Maturity) | 2.06% |
| HSBC Holdings PLC 4.5% (2029-06-07 Maturity) | 1.99% |
| UOL Treasury Services Pte. Ltd. 2.33% (2028-08-31 Maturity) | 1.82% |
| Banco Santander SA 3.6% (2030-10-23 Maturity) | 1.70% |
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