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| SGAM SINGAPORE DIVIDEND GROWTH |
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Your dividend cheque is in the mail
A unique Singapore equities fund with the objective to achieve long-term capital growth and to make regular income distributions1 by investing in Singapore-listed companies. Focusing on companies that pay attractive dividends, the SGAM Singapore Dividend Growth (the "Fund") potentially offers predictability of income and capital appreciation.
More importantly, the downside risk during bear markets could potentially be minimised as the Fund invests in stocks which aim to deliver attractive dividends as well as SGD denominated fixed income securities with high credit ratings! |
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Benefit from investing in Singapore
- Political stability, good corporate governance and attractive dividend yields from Singapore stocks.
- Singapore companies have been focusing on cutting cost, increasing productivity and profitability.
- Positive outlook for Singapore market with economy on the rebound and potential growth expected to continue in the coming years.
- No currency risk for Singapore investors as underlying investments are mostly denominated in SGD.
Why does dividend income matter?
- There is stability of returns as dividends are paid on a regular basis.
- Could potentially boost returns.
- Empirical evidence also shows that high-dividend stocks are stable winners in good times and bad3. Therefore, investors can potentially benefit from capital appreciation of Singapore dividends stock in good times and look to potential regular income distributions from the dividends in bad times.
Why invest in the Fund today?
- Enjoy semi-annual income1
Investors can potentially enjoy cash income on a semi-annual basis. The Manager intends to make a distribution on a semi-annual basis.
- Enjoy 2 potential sources of returns
Investors can enjoy two potential sources of return from investing in the Fund: Dividend and Price Appreciation.
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- Low Expense ratio
The Fund's expense ratio was 1.25% as at 30 June 2006. In comparison, this ration is one of the lowest amongst similar Singapore equity funds4.
Track record of the Fund
Since inception on 1 December 2003, the Fund has registered strong absolute returns, with a net annualised return of 15.62%. |
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| Source: SG Asset Management, as at 31 August 2006, in SGD |
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Returns are computed on the assumption that dividends and distributions are reinvested, taking into account all charges which would have been payable upon such reinvestment. Comparison of past performance with the benchmark index is made on an offer-to-bid basis.
Fund Details |
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| Currency Base |
SGD |
| Semi-Annual Dividend Payouts |
On a semi-annual basis, payouts are made at the discretion of the Managers. |
| Preliminary Charge |
Currently 5%, Maximum 5% |
| Management Fee |
Currently 1.20% p.a. |
| Trustee Fee |
Currently up to 0.050% p.a. |
| Minimum Initial Investment |
S$1000 |
| Minimum Subsequent Subscription |
S$500 |
| Minimum Holding |
500 Units |
| CPFIS / SRS / Regular Savings Plan |
Ordinary Account / Yes/ Yes |
| Valuation Day |
Daily |
| Indicative Prices Published in the following Publications |
The Straits Time / Lianhe Zaobao / The Business Times / Today / |
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Footnotes:
| 1. |
The potential dividend payouts are neither guaranteed no assured. The Manager has the sole discretion to determine whether a distribution is to be made and the rate and / or frequency of distribution. Investors should note that dividends may be paid out of income and / or capital of the Fund. |
| 2. |
Source: Bloomberg, for the period 31 August 2003 to 31 August 2006. |
| 3. |
Source: Pulses (June 2003), "Do Dividends Matter?" by Kevin Ow Yong and Roger Loh. |
| 4. |
Source: IMAS Performance and Risk Monitoring Report Q2 '06 |
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| Past performance and/or any forecast is not necessarily indicative of the future or likely performance of the SGAM Singapore Dividend Growth (the 'Fund'). The value of the units in the Fund and income from them, if any, may fall as well rise. A prospectus in relation to the Fund is available and may be obtained from the office of the Manager or the authorised distributors. Potential investors should read the prospectus before deciding whether to subscribe for or purchase units in the Fund. All applications for accompanying the prospectus. This document is intended for general circulation without taking into account the specific investment objectives, financial situation or particular needs of any particular investor. An investor may wish to seek advice from a financial adviser regarding the suitability of the Fund before making a commitment to purchase units in the Fund. An investment in unit trusts, and/or other investment products is subject to investment risks, including the possible loss of the principal amount invested. Investments in the Fund are not bank deposits or obligations of, or guaranteed or insured by the Manager, or any subsidiaries or associated companies of the Manager or by the distributors or any of their affiliates or subsidiaries. Units are not available to US persons. |
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