Fund Rationale: LionGlobal SGD Enhanced Liquidity Fund

LionGlobal SGD Enhanced Liquidity Fund (the “Fund”)
SGD Class I Accumulation (ISIN: SG9999019301)
Fund Manager Page
Daily Price & Charts

Endowus has selected the LionGlobal SGD Enhanced Liquidity Fund for its unique hold-to-maturity approach in short-term debt securities and hence its ability to enhance income with low volatility and high liquidity.


Key Information

Fund Objective: Aims to preserve capital, enhance income and provide a high level of liquidity by investing in a broadly diversified portfolio of high quality debt instruments.

Suitability: Investors who are seeking capital growth over the long term, and are comfortable with the greater volatility and risks of an equity fund.

* Total Fund-level Fees include fund management fee of 0.25%.
** Endowus do not charge a preliminary sales charge or any other additional fees, other than the all-in Endowus Access Fee.

Fund Characteristics

Fund Inception: 30 November 2018
Share Class Inception: 30 November 2018
Benchmark: 3-Month MAS Bill (Endowus typically uses the Bloomberg Barclays Global Aggregate fixed income index as a representative index to benchmark performance over the long term.) 

Fund AUM: SGD 463m
Source: MorningStar as of 31 March 2021. Please refer to the FMC page for the most updated AUM.

Regional Allocation:

Sector Allocation:

Source: MorningStar as of 31 December 2020. Allocation data indicate actual exposure as a percentage of the Fund's total Net Asset Value. Please refer to the Fund Manager Page for the most updated information on Fund Holdings and Breakdown.

Selection Criteria

Endowus has selected the LionGlobal SGD Enhanced Liquidity Fund for its unique hold-to-maturity approach in short-term debt securities and hence its ability to enhance income with low volatility and high liquidity.  The Fund invests in a diverse portfolio of high-quality debt, money market and  short-duration instruments. The Fund commits to maintain a weighted average credit rating of A-, which contributes to a stable NAV growth over time while accumulating yield that provides a strong foundation for enhanced interest returns. Moreover, the Fund’s target weighted average duration (less than or equal to 12 months) allows the Fund to amortise the yields of the underlying securities, which are all held to maturity. This means the Fund does not need to mark-to-market certain securities and so the likelihood of a drawdown is extremely rare, providing good protection against market movements -- in fact, the Fund has not seen significant drawdowns since its inception in 2018.

Updated by Endowus: September 2021

**Disclaimer: All content found on this page is for information purposes only and should not be considered as an offer, solicitation or advice for the purchase or sale of any investment products. It is recommended that you seek financial advice as to the suitability of any investment. Whilst Pte. Ltd. (“Endowus”) has tried to provide accurate and timely information, there may be inadvertent delays, omissions, technical or factual inaccuracies or typographical errors. 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.

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.

Please note that the above information does not purport to be all-inclusive or to contain all the information that you may need in order to make an informed decision. The information contained herein is not intended, and should not be construed, as legal, tax, regulatory, accounting or financial advice.