SG9999003412

UOBAM United Singapore Bond Fund(SG9999003412)

Fixed income
Investment grade
Singapore
SGD Cash, CPF OA, CPF SA, SRS
Accumulating

Invest with

SGD Cash, CPF OA, CPF SA, SRS

Payout type

Accumulating

Risk rating

About this fund

Description

The Fund seeks to maximise returns over the longer term by investing mainly in bonds of all maturities, denominated in Singapore Dollars (issued by entities incorporated or domiciled globally) and in foreign currencies (issued by entities incorporate...

Key information

Annual report

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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

Invests primarily in SGD-denominated bonds (globally issued) and foreign currency bonds issued by Singapore-domiciled entities, providing targeted exposure to the Singapore fixed income ecosystem. Adopts a high-conviction strategy reflected in a relatively concentrated portfolio of approximately 30-50 holdings, seeking to maximize returns without benchmark constraints.

People

Managed by Lead Portfolio Manager Joyce Tan, who brings over 27 years of investment experience and a track record of industry awards for astute market insights. The managers leverage UOB Asset Management's broader fixed income capabilities, utilizing a team-based approach for credit analysis and macro strategy execution.

Performance

Targets a competitive return over the long term relative to the broader Singapore bond market. Balances its concentrated holdings with sector diversification to reduce idiosyncratic risk, aiming to improve risk-adjusted returns relative to the broader Singapore bond market.

Process

Utilizes a bottom-up selection process that marries qualitative and quantitative factors and incorporates relative valuation analysis to guide final corporate credit selection. Supplements bottom-up picks with a disciplined top-down framework, incorporating macroeconomic analysis to guide duration management, currency overlay, and sector allocation. Intentionally limits holdings to avoid "diworsification," believing that over-diversifying in the smaller Singapore bond market would entail investing in less attractive issues at higher transaction costs.

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 dedicated, active exposure to the Singapore fixed income market. Suitable for investors looking to maximize returns from SGD-centric bonds through a high-conviction, best-ideas approach rather than a passive index-tracking strategy. While diverse within its sector allocation, the fund is geographically concentrated in Singapore/SGD themes; investors should balance this with allocations to global or other regional fixed income funds to manage concentration risk.

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Performance

Returns

NAV

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

Total returns

Cumulative

Annualised

All Time

81.39%

YTD

-0.74%

1 month

-1.97%

6 month

-1.82%

1 year

6.24%

3 year

15.65%

5 year

11.19%

10 year

28.79%

As of Mar 2026

Distributions

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

Yield

3.24%As of Oct 2025

Risk metrics

Max drawdown

-11.79%As of Mar 2026

Volatility

3.36%As of Mar 2026

Calendar returns

Year	Total	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec
2026	-	0.4%	0.8%	-2.0%	-	-	-	-	-	-	-	-	-
2025	8.6%	-0.2%	0.8%	0.8%	1.0%	0.8%	2.3%	1.4%	2.0%	0.4%	0.1%	-0.6%	-0.5%
2024	3.8%	-0.5%	-0.7%	0.2%	-1.9%	1.4%	1.2%	1.8%	1.1%	1.8%	-0.5%	0.4%	-0.3%
2023	3.5%	0.4%	-1.1%	0.8%	1.5%	0.4%	-0.6%	-0.2%	-1.4%	-0.6%	0.0%	2.1%	2.2%
2022	-5.4%	-0.2%	-0.7%	-2.8%	-1.5%	-0.4%	-1.5%	1.4%	-0.7%	-2.3%	-0.3%	2.2%	1.4%
Load more		5 of 21

Top Exposures

Holdings

Regions

Sectors

Singapore Government Bonds 09/33 3.375	6.90%
Singapore Government Bonds 08/36 2.25	6.06%
Singapore Government Bonds 03/46 2.75	5.38%
Singapore Government Bonds 04/42 2.75	5.18%
Singapore Government Bonds 08/32 2.625	4.46%
Singapore Government Bonds 03/50 1.875	4.37%
Singapore Government Sr Unsecured Regs 08/72 3	4.24%
Singapore Government Bonds 07/39 2.375	3.41%
Capitaland Treasury Ltd Company Guar Regs 08/29 3.15	3.08%
Metro Holdings Limited Sr Unsecured Regs 04/24 4.3	2.88%
Suntec Reit Mtn Pte Ltd Company Guar Regs 02/25 3.355	2.87%
Sembcorp Financial Serv Company Guar Regs 04/29 3.735	2.85%
Fh Reit Treasury Pte Ltd Company Guar Regs 11/24 3.08	2.84%
Prime Asset Holdings Ltd Sr Secured Regs 10/24 2.9	2.83%
Keppel Reit Subordinated Regs Var	2.80%

Top exposures represent up to 15 of the fund's largest exposures for each category. Allocation percentages may not sum up to 100% and can include negative values due to rounding or trading activities by the underlying fund managers, including short positions.

Fund fees

0.76%0.49% p.a.

Save 35%

Fund facts

ISIN

SG9999003412

Fund house

UOBAM

Fund size

S$224.9M

As of 16 Apr 2026

Fund benchmark

Refinitiv/iEdge SFI GVT TR SGD

Fund inception date

26 Nov 2004

Fund class currency

SGD

Fund share class

Oldest share class ISIN

SG9999003412

Oldest share inception date

26 Nov 2004

Pricing frequency

Daily

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