SGXZ16066938

Fullerton Singapore Value-Up(SGXZ16066938)

Equities
Singapore
SGD Cash, SRS
Accumulating

Invest with

SGD Cash, SRS

Payout type

Accumulating

Risk rating

About this fund

Description

The Fund seeks to achieve long term capital growth by investing primarily in equities and equity-related securities listed on the Singapore Exchange Securities Trading Limited (“SGX-ST”) to identify growth-oriented investment opportunities within the...

Key information

Product Highlight Sheet

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Prospectus

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Factsheet

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Our perspective

Why we think this fund is best-in-class

Product

Focuses on investing in SGX-listed companies that prioritize shareholder value creation through structural changes that may improve return of capital over their cost of capital. With an SGD base currency and SGX-listed stocks quoted in SGD, the fund presents minimal FX risk for Singapore investors.

People

Managed by Fullerton Fund Management, founded in 2003 and part of Seviora, an independent asset management group owned by Temasek. The firm currently oversees over SGD 50 billion in assets across equities, fixed income, multi-asset, alternatives and treasury management. Led by Michelle Sim, who has over 20 years of experience in ASEAN and regional equity markets, including a long-standing focus on Singapore, alongside Shawn, who heads the flagship equity fund and has a decade of experience in the Singapore market. Supported by a dedicated equity research team that conducts proprietary research on investee companies by identifying potential alpha opportunities and monitoring ongoing developments across their coverage universe.

Performance

The fund aims to generate long term capital appreciation by outperforming the FTSE Straits Times All-Share Total Return Index. The fund has a growth-oriented tilt and may underperform when other styles, such as value or quality, are favored. As this fund was newly launched in October 2025, it does not yet have a historical track record. The team has set an internal limit to maintain tracking error up to 6%, though this may be adjusted without prior notice.

Process

Constructs a concentrated portfolio of 20-40 high-conviction SGX-listed equities, with 30-50% allocated to small and mid-cap stocks. The investment philosophy focuses on growth, systematically classified into four categories (Quality Growth, Defensive Growth, Structural Growth, and Cyclical Growth) with the aim of identifying companies exhibiting one of these earnings growth characteristics. Maintains a disciplined sell strategy based on three criteria: when a stock reaches its 1-year target price, when funds are needed to support new investment convictions, or when the original investment thesis no longer holds.

Cost

Endowus offers retail share class with 100% trailer fee rebated back to Endowus investors to achieve lower cost of access.

How it fits in a portfolio

Suitable for investors seeking long-term wealth compounding through a concentrated yet risk-controlled approach to equities and equity-related securities listed on SGX can consider the Fund as a satellite position in a more broadly diversified portfolio. Investors should remain mindful that the Fund is a regional equity strategy and will likely experience periods of heightened volatility and make sure their portfolio remains geographically diversified in most cases. The fund is focused on a single country, Singapore and has notable exposure to the Financials and Real Estate sectors, which may involve specific country-related and sector-related risks.

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Performance

Returns

NAV

Shows the total return of this accumulating fund, which includes dividends reinvested.

Total returns

Cumulative

All Time

11.32%

YTD

5.59%

1 month

-2.41%

As of Mar 2026

Distributions

This is an accumulating fund, so dividends are re-invested at the fund level.

Risk metrics

Max drawdown

-2.41%As of Mar 2026

Volatility

9.91%As of Mar 2026

Calendar returns

Year	Total	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec
2026	-	6.5%	1.6%	-2.4%	-	-	-	-	-	-	-	-	-
2025	-	-	-	-	-	-	-	-	-	-	0.0%	2.5%	2.9%

Fund fees

1.59%0.84% p.a.

Save 47%

Fund facts

ISIN

SGXZ16066938

Fund house

Fullerton

Fund size

S$566.9M

As of 16 Apr 2026

Fund inception date

02 Oct 2025

Fund class currency

SGD

Fund share class

A (SGD) Acc

Oldest share class ISIN

SGXZ16066938

Oldest share inception date

02 Oct 2025

Pricing frequency

Daily

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