The Investment objective of HSBC-Link Singapore Bond Fund is to achieve an attractive return by investing in assets which are in the Manager's opinion, equivalent to or better than single A quality investment grade bonds of Singapore and major bond markets such as the G7 countries, Australia, New Zealand, Hong Kong and South Korea. The G7 countries are Canada, France, Germany, Italy, Japan, U.K., and U.S.A.
HSBC-Link Singapore Bond Fund is an investment-linked policy sub-fund offered by HSBC Insurance (Singapore) Pte Limited. HSBC-Link Singapore Bond Fund is an open-ended fund and invests all or substantially of its assets into the Underlying Fund, DWS Lion Bond Fund*
The investment manager invests in bonds with a minimum "A" or equivalent rating
Duration of portfolio is kept between 1.5 to 3 years in order to minimise interest rate risks
Your money is not tied to any fixed term when you invest in this fund through our investment-linked policy. You can choose to withdraw your investment at any time#.
In the event of death, your loved ones will receive a minimum death benefit regardless of the value of the fund. This benefit is not embedded within the fund but is provided for when you select any of our investment-linked plans.
A minimum of S$10,000 using CPFIS-OA, CPFIS-SA, Cash or SRS will get you started. You can even top-up your investment at your own pace. Speak to our representative or appointed distributor to find out more about the fund.
Call us on (65) 6225 6111 for more information!
| Fund details | |
| Investment Objective The objective of the fund is to achieve an attractive return by investing in single "A" and above quality investment grade bonds of Singapore and major bond markets such as the G7 countries, Australia and New Zealand. |
|
| Launched By | HSBC Insurance (Singapore) Pte. Limited |
| Launched On | 02 May 2002 |
| Fund manager | Deutsche Asset Management (Asia) Limited |
| Benchmark | 6 Month Step Ladder SIBID |
| Currency Base | Singapore Dollar |
| CPF Risk Rating | Low to Medium Risk / Broadly Diversified |
| Investment-Linked Plans Available |
• Growth Cultivator • Growth Manager • Life Manager Plus • Asset Manager II |
| Fund Valuation | Daily (except weekends and public holidays) |
| Prices Published In | • The Straits Times • The Business Times • Latest Fund Prices |
| Unit Allocation / Surrender Pricing Basis | "Next Determined" Unit Price |
| Fund Switch | Unlimited free switches between investment-linked policy funds. |
| Charges | |
| Bid / Offer Spread+ | 5% 2% (Income Manager) |
| Management Fee (p.a) | 0.5% |
Note:
* Underlying fund name was changed in March 2006. Formerly known as Deutsche Lion Bond Fund.
# Full or partial withdrawal can be made provided there is enough cash value in your investment-linked policy plan at the time of surrender. Your surrender value will be based on the next determined bid price of the fund. An early termination of the policy will usually involve high costs and the surrender value payable may be less than total premium paid.
+ For Single Premium (Asset Manager series) and Recurring Single Premium (Accumulation Manager) investment-linked plans, bonus units of 2.11% will be given. Net sales charge of 3% applies.
Investor should note that there is no guarantee on the capital and
returns. The actual returns depend on the actual performance of the
underlying investments.
The past performance of the fund manager is not necessarily indicative
of its future performance.
Investor should read the latest fund fact sheet, fund manager's report,
fund summaries, product highlights sheets and product summary on investment-linked
plans for details before deciding to invest.
This information is subject to change.
This information is not to be regarded as an invitation or recommendation
by us to buy the fund. You should seek advice from a qualified adviser.