SG9999010805

UOBAM United SGD Fund (Dist.)(SG9999010805)

Fixed income
Investment grade
Short duration
Asia
SGD Cash, SRS
Distributing

Invest with

SGD Cash, SRS

Payout type

Distributing

Risk rating

About this fund

Description

The Fund seeks to achieve a yield enhancement over Singapore dollar deposits by investing substantially all its assets in money market and short term interest bearing debt instruments and bank deposits.

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 money market instruments, short-term interest-bearing debt, and bank deposits with the objective of achieving a yield enhancement over Singapore dollar deposits. Maintains a high-quality portfolio focused on Investment Grade bonds (typically BBB+ average rating) to preserve capital

People

Managed by Lead Portfolio Manager Joyce Tan (Co-Head of Fixed Income Asia & Singapore), who has managed the fund since its inception in 1998 and possesses over 27 years of experience. Leverages UOB Asset Management's broader fixed income team, including dedicated credit analysts for Singapore and Asian markets.

Performance

Boasts a long track record (inception in 1998) of delivering consistent returns that typically outperform SGD deposits. Historically exhibits low volatility and effective downside mitigation compared to broader bond and equity markets, attributed to its short duration focus

Process

Utilizes a "laddered" investment strategy by investing in bonds with different maturities across a three-year timeframe, allowing the fund to smooth out interest rate fluctuations and reinvest maturing capital effectively. Employs a bottom-up selection process driven by fundamental credit analysis and relative valuation. Hedges all non-SGD exposures back to SGD and integrates ESG screening by excluding issuers with poor ESG ratings.

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

Acts as a defensive anchor within a broader portfolio, offering stability and capital preservation during periods of market stress due to its high-quality, short-duration nature. Suitable for investors with a short-to-medium investment horizon (e.g., 2 to 3 years) who are looking for a conservative fixed income allocation.

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Performance

Returns

NAV

Shows the total return of this distributing fund, which includes dividends paid out.

Total returns

Cumulative

Annualised

All Time

30.32%

YTD

-0.00%

1 month

-0.50%

6 month

0.23%

1 year

2.49%

3 year

10.93%

5 year

9.63%

10 year

22.88%

As of Mar 2026

Distributions

4.06%

Frequency

Monthly

01 Apr 2026

Yield

2.77%As of Mar 2026

Risk metrics

Max drawdown

-3.87%As of Mar 2026

Volatility

1.24%As of Mar 2026

Calendar returns

Year	Total	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec
2026	-	0.2%	0.3%	-0.5%	-	-	-	-	-	-	-	-	-
2025	3.6%	0.2%	0.6%	0.2%	0.2%	0.4%	0.6%	0.3%	0.5%	0.3%	0.2%	-0.0%	0.0%
2024	4.1%	0.3%	0.1%	0.4%	-0.1%	0.5%	0.4%	0.7%	0.6%	0.4%	0.1%	0.2%	0.2%
2023	4.3%	0.7%	-0.1%	0.7%	0.4%	0.1%	-0.1%	0.5%	0.2%	0.2%	0.2%	0.8%	0.5%
2022	-2.2%	-0.4%	-0.4%	-1.0%	-0.2%	0.3%	-0.4%	0.3%	-0.2%	-0.8%	-0.4%	0.6%	0.5%
Load more		5 of 13

Top Exposures

Holdings

Regions

Sectors

Mizuho Fin Grp Cayman 3 Company Guar Regs 03/24 4.6	2.59%
Sumitomo Mitsui Financia Subordinated Regs 04/24 4.436	2.40%
Misc Capital Two Labuan Company Guar Regs 04/25 3.625	2.08%
China Huadian Overseas Company Guar Regs Var	2.08%
Shinhan Bank Subordinated Regs 03/26 3.875	2.02%
Baic Finance Inv Co Ltd Company Guar Regs 03/24 2	1.98%
Macquarie Bank Ltd Subordinated Regs 06/25 4.875	1.98%
Goodman Hk Finance Company Guar Regs 06/24 4.375	1.97%
Ntpc Ltd Sr Unsecured Regs 11/24 4.375	1.83%
Starhub Ltd Sr Unsecured Regs 06/26 3.55	1.78%
Mas Bill Bills 03/24 0.00000	1.77%
Hanwha Life Insurance Subordinated Regs 02/32 Var	1.66%
Bank Of East Asia Ltd Unsecured Regs 03/27 Var	1.63%
Woori Bank Subordinated Regs 04/24 4.75	1.60%
Posco Sr Unsecured Regs 08/25 4.375	1.59%

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

0.66%0.33% p.a.

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Fund facts

ISIN

SG9999010805

Fund house

UOBAM

Fund size

S$3.5B

As of 31 Mar 2026

Fund inception date

13 Mar 2014

Fund class currency

SGD

Fund share class

Oldest share class ISIN

SG9999001382

Oldest share inception date

19 Jun 1998

Pricing frequency

Daily

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