PRUlink singapore dynamic bond fund
The PRUlink singapore dynamic bond fund ("the Fund") aims to maximise total returns over time by investing primarily in Singapore dollar denominated debt securities and foreign currency debt securities which will be hedged back into Singapore dollars.
|Launch Date||14 March 2011|
|Initial Issue Price||S$1.00|
|Manager of the Fund||Eastspring Investments (Singapore) Limited (formerly known as Prudential Asset Management (Singapore) Limited)|
|Investment Manager of the Underlying Fund||Eastspring Investments (Singapore) Limited (formerly known as Prudential Asset Management (Singapore) Limited)|
|Underlying Fund||Eastspring Investments Unit Trusts - Singapore Select Bond Fund|
|Benchmark||Markit iBoxx ALBI Singapore Index.|
|CPF Risk Classification||Low to Medium Risk, Narrowly Focused|
|Initial Investment Charge||5% of premium invested*|
|Continuing Investment Charge||0.5% per annum**|
|Subscription Method||Cash, Supplementary Retirement Scheme (SRS), Central Provident Fund (CPF) - Ordinary Account and CPF - Special Account|
|Payout Frequence||Quarterly *** (Last Business Day of March, June, September, December)|
* Please refer to the Product Summary for details of charges incurred on your insurance plan as charges may vary from product to product and may be lower than 5%.
** We reserve the right to vary the continuing investment charge and may increase it up to a maximum of 2% per annum, but we will not do so before giving investors 6 months’ written notice.
***The Fund offers two Classes of Units, namely Accumulation Class and Distribution Class. There are no material differences between the two Classes except that the Accumulation Class will not declare any dividends while in respect of the Distribution Class, the Manager may at its sole absolute discretion declare and pay out dividends on a semi-annual basis Please refer to “Distribution Policy Section” of the Fund Information Booklet for more details. The offer and bid prices for the two Classes may differ as a result of the dividends declared and paid out by the Distribution Class.
|Declaration of Distribution for PRUlink singapore dynamic bond fund (Dis)|
|Fund Name||Declaration||Dividend Rate|
|PRUlink singapore dynamic bond fund (Dis)||31 December 2018||To be accumulated and paid out in the next quarter|
|PRUlink singapore dynamic bond fund (Dis)||1 April 2019||1 cent per unit|
|PRUlink singapore dynamic bond fund (Dis)||1 July 2019||1 cent per unit|
|PRUlink singapore dynamic bond fund (Dis)||1 October 2019||1 cent per unit|
|PRUlink singapore dynamic bond fund (Dis)||31 December 2019||1 cent per unit|
|PRUlink singapore dynamic bond fund (Dis)||1 April 2020||2 cent per unit|
|PRUlink singapore dynamic bond fund (Dis)||1 July 2020||To be accumulated and paid out in the next quarter|
|PRUlink singapore dynamic bond fund (Dis)||1 October 2020||To be accumulated and paid out in the next quarter|
|PRUlink singapore dynamic bond fund (Dis)||31 December 2020||1 cent per unit|
Distribution payments shall, at the sole discretion of the Manager and/or Prudential Singapore, be made out of either (a) income; or (b) net capital gains; or (c) capital of the Fund or a combination of (a) and/or (b) and/or (c).
Distributions are at the sole discretion of the Manager and/or Prudential Singapore and there is no guarantee, assurance and/or certainty that any distribution will be made and if distributions are made, such distributions are not in any way a forecast, indication or projection of the future or likely performance or distribution of the Fund. The making of any distribution shall not be taken to imply that further distributions will be made. The Manager and/or Prudential Singapore may also vary the frequency and/ or amount of the distributions made.
Investors should also note that distributions of the Fund may, in the event that income and net capital gains are insufficient, or due to fluctuations in exchange rates, be made out of the capital of the Fund. The exchange rates used will be determined solely at the discretion of the Manager and/or Prudential Singapore.
Investment products are subject to investment risks including the possible loss of the principal amount invested. The value of the units and the income accruing to the units (if any) may fall or rise.
Past performances of the Fund, the Underlying Fund, Fund Manager and the Investment Manager are not necessarily indicative of future or likely performance of the Fund, the Underlying Fund, Fund Manager and the Investment Manager. A copy of the Product Summary, Fund Information Booklet and Product Highlights Sheet ("PHS") in relation to this Fund may be obtained from your Prudential Financial Consultant. You are advised to read the Product Summary, Fund Information Booklet and PHS before deciding whether to subscribe for units in this Fund.
The prediction, projections, or forecasts on the economy, securities markets or the economic trends of the markets targeted by the Fund are not necessarily indicative of the future or likely performance of the Fund.You are recommended to seek advice from a qualified Prudential Financial Consultant for a financial analysis before purchasing a policy suitable to meet your needs. This information contained in this website is for reference only and not a contract of insurance. The exact terms and conditions, specific details and exclusions applicable to this insurance product are stated in the policy documents that can be obtained from a Prudential Financial Consultant.
Information correct as at 2 July 2018.