|
Why invest in Singapore Equities?
- Political Stability
Sound Infrastructure, stability and strength of its government
- Sound Financial System
Resilient banks in Singapore have a high capital adequacy ratio and low loans-deposit ratio which put them in a strong standing in the current global financial crisis
- Strong Macro economic fundamentals
Fiscal balance and ample reserves allow government to pump-prime the economy during a downturn
- Attractive valuations and well run companies
Healthy dividend yields, strong corporate balance sheets and world-class corporate governance.
Receive potential semi-annual Payouts1
- A unique Singapore equity fund which aims to achieve long-term capital growth and to make regular income distribution by investing in Singapore listed companies.
- By focusing on companies that pay attractive dividends, the Amundi Singapore Dividend Growth (the “Fund”) potentially offers predictability of income and capital appreciation
- The downside risk during bear markets could potentially be minimized as the Fund may invest in Singapore dollar denominated fixed income securities during bear markets while Dividend income provides investors with a source of income
Why dividends matter?
- Dividends boost investors confidence because it reaffirm earning quality
Cash dividends coming from Cash earnings reaffirm earning quality.
- Paying dividends instills capital management discipline
Raising dividend payout ratio is a clear sign of better corporate governance as well as capital management that will lead to higher ROE in the long term.
- Dividends provide a certain level of cushion when stock prices go down
Dividend Income provides stability of returns as dividends are paid on a regular basis.
Why invest in the Amundi Singapore Dividend Growth?
- High rated by Lipper2 for
Total Return, Consistent Return, Preservation and Expense.
(For 5 year and Overall Rating)
- Enjoy 2 Potential Sources of Returns
Dual Strategy of Price Appreciation and Dividend Income with no specific industry or sectoral emphasis.

- Enjoy income Accumulation through Semi-annual Payouts1
The Fund has paid out a total of 5.50% in 2006, 5.00% in 2007, 5.25% in 2008, 5.00% in 2009, 5.00% in 2010.
- Minimise Downside risk
Potential allocation of up to 30% into SGD denominated fixed income securities during bear markets.
1 Note: The potential semi-annual payouts are neither guaranteed nor assured. The Manager has the sole discretion to determine whether a distribution is to be made and the rate and / or frequency of distribution.
2 Source: Lipper, as of 31 December 2010, based on 5 year and Overall rating.
Fund Features
| Fund Manager |
Evelyn Ong,
Amundi Singapore Limited |
| Currency Base |
SGD |
| Payouts |
On a semi-annual basis at the discretion of the managers |
| Sales Charge |
Up to 5% (for Cash/SRS)
Up to 3% (for CPF) |
| Management Fees |
Currently 1.2% p.a |
| Minimum Investment |
S$1,000 |
| Minimum Subsequent Investment |
S$500 |
| Minimum Holding |
500 units |
| Mode of Subscription |
Cash / SRS / CPF-OA |
| Regular Saving Plan |
Yes |
| Valuaton |
Daily |
| CPF Risk Classification |
Higher Risk - Narrowly Focused, Singapore |
Risks
The Fund carries significant risks as it is a narrowly focused fund that invests in Singapore stocks and fixed income securities. Please refer to prospectus for the detailed risk factors.
Important Notice:
This documents is provides for information purposes only and does not constitute and offer of solicitation to purchase or sell units in the Fund. The prospectus for the above Authorised Fund is available and may be obtained from the Manager or its authorised distributors. Investors should read the relevant prospectus before deciding to invest in the Fund. All applications for the Fund must be made on application forms accompanying the prospectus. Past performance and any forecasts made are not indicative of future performance of the Fund. Any opinion or view presented is subject to change without notice. The information on 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. In the event an investor chooses not to do so, the investor should consider whether the Fund is suitable for him,. The payouts are neither guaranteed nor assured unless specifically stated in the prospectus of the relevant fund. The manager has the sole discretion to determine whether a payout is to be made and the rate and/or frequency of distribution. Investors should note that there is no guarantee, assurance and/or certainty that the semi-annual payouts will be made. Investments in the Fund are subject to investment risks, including the possible loss of the principal amount invested. Value of the units in the Fund and the income accruing to the units, if any, may fall or rise. |