SINGAPORE -
Media OutReach Newswire - 14 March 2025 -
GROW with Singlife ("GROW"), the integrated investment platform under leading homegrown financial services company
Singlife, in partnership with
aberdeen Investments ("aberdeen"), today launches a new share
class of the abrdn SICAV II – Global Income Bond Fund (the "Fund").
Currently exclusive to GROW on its platform, the
A Gross Inc Hedged SGD offers investors a compelling Yield to
Worst of 6.5% (USD hedged)[1], comprising appealing monthly payouts with
potential capital appreciation.
Finding a sweet spot between investment-grade bonds and high-quality
high-yield debt, the Fund invests substantially in global multi-sector
bonds rated BBB (the lowest investment-grade rating) and BB (the highest
high-yield rating). This dual-market approach appeals to both
conservative investors seeking stability and those pursuing higher
returns. With a globally diversified portfolio spanning
investment-grade, high-yield, government, and emerging markets bonds,
the Fund offers attractive yield potential while maintaining moderate
credit risk, making it a compelling long-term solution for
income-focused investors.
The launch comes at a pivotal time in the market. With inflation easing
across most global markets and central banks expected to begin
rate-cutting cycles, returns from short-term cash management instruments
such as fixed deposits and money market funds have declined, making
them less appealing to investors looking for higher yields. In such an
environment, fixed income investments are gaining attention for their
ability to provide higher yields and more sustainable returns. According
to Morningstar, a leading global investment research firm, fixed income
funds saw record inflows of USD1 trillion in 2024, trumping all other
asset classes.
Tim Wong, Head of Product at GROW with Singlife, said: "As part
of our commitment to provide advisers and their clients access to
innovative and high-quality investment opportunities, we are proud to
partner with aberdeen for the launch of an exclusive share class of the
abrdn SICAV II – Global Income Bond Fund. With rising life expectancy
and increasing cost of living, many investors are looking for ways to
secure reliable income to support their retirement goals. This Fund
represents a compelling option for those seeking attractive, stable
income solutions with controlled risks."
As Singapore's population ages and life expectancy continues to rise,
the need for reliable retirement income is becoming increasingly
critical. A 65-year-old today requires an estimated $685,000 to fund 20
years of retirement, or approximately $2,856[2] per month, covering
basic expenses. With stable and attractive payouts to support long-term
financial security, the abrdn SICAV II – Global Income Bond Fund offers a
sustainable solution for investors.
Natalie Tan, Head of Wholesale Southeast Asia at aberdeen Investments,
said: "We are thrilled to partner with GROW with Singlife to introduce a
new share class of the abrdn SICAV II – Global Income Bond Fund to
investors. This Fund reflects aberdeen's commitment to help investors
navigate market transitions with innovative solutions that aims to
achieve sustainable, long-term returns. Looking at the existing
landscape, the current bond yields across nearly all major fixed income
sub-asset classes well exceed their 10-year averages, presenting an
enticing entry point for fixed income investors. With a globally
diversified portfolio of bonds, this Fund will be a valuable addition to
any income-focused portfolio, offering the potential for high-yield
returns at investment-grade risk levels."
The Fund has a strong history of delivering consistent income and
competitive performance. Over the past decade, it has consistently
ranked among the top performers in its category, according to
Morningstar. As of December 2024, the Fund is in the top 25% in terms of
performance over the last one, five, and seven years within its
category. This demonstrates its ability to generate attractive,
risk-adjusted returns across different market conditions, making it a
reliable choice for income-focused investors.
GROW officially introduced the
abrdn SICAV II – Global Income Bond Fund, A Gross Inc Hedged SGD,
at a launch event at Marina One, attended by industry leaders and
financial advisers. Investors can contact their Financial Adviser
Representatives or visit grow.singlife.com to learn more.
[1] Source: aberdeen Investments, 31/12/2024, USD Yield to Worst
(USD Hedged) is the weighted average yield of all the bonds in the
fund's portfolio. It represents the expected rate of return if the
investment is held until all the bonds in the portfolio mature. It also
evaluates the lowest possible yield without defaults. It represents the
worst-case scenario for yield, assuming the bond is called or retired
early by the issuer. The figure also captures the effect of non-USD
exposure being hedged back to the base currency (USD). Yield to Worst is
not a representation of a distribution yield.
[2] Singlife's Financial Freedom Index 2024.