PRUSelect Funds
Fixed Income / Money Market
AB – Global Plus Fixed Income Portfolio Class A2 SGD Hedged
Fund Investment Objective
The Portfolio seeks to increase the value of your investment over time through total return, using a combination of income and capital growth, by typically investing in investment grade debt securities from issuers anywhere in the world, including emerging markets. The Portfolio may invest up to 30% of its assets in debt securities of issuers in emerging market countries, up to 20% of its assets in structured products such as asset- and mortgage-backed securities (“ABSs/MBSs”) and collateralised debt obligations, and up to 20% of its assets in debt securities rated below investment grade. The Investment Manager invests flexibly across sectors (types of bonds), industries, countries, currencies and credit qualities and seeks to balance risk and return characteristics by using a disciplined process integrating fundamental and quantitative research to identify high-conviction opportunities while actively managing duration and yield-curve positioning (top-down and bottom-up approach).
Fund code : 1067Risk Classification : Lower Risk
Payment Mode : Cash, SRS
Fund Management Charge (%)* : 1.10%
Blackrock Global Funds - Fixed Income Global Opportunities SGD Hedged
Fund Investment Objective
The Fixed Income Global Opportunities Fund seeks to maximise total return. The Fund invests at least 70% of its total assets in fixed income transferable securities denominated in various currencies issued by governments, agencies and companies worldwide. The full spectrum of available securities, including noninvestment grade, may be utilised. Currency exposure is flexibly managed.
Fund code : 1073Risk Classification : Low to Medium Risk
Payment Mode : Cash, SRS
Fund Management Charge (%)* : 1.00%
Blackrock Global Funds - Asian Tiger Bond Fund
Fund Investment Objective
The Asian Tiger Bond Fund seeks to maximise total return. The Fund invests at least 70% of its total assets in the fixed income transferable securities of issuers domiciled in, or exercising the predominant part of their economic activity in, Asian Tiger countries. The Fund may invest in the full spectrum of available securities, including non-investment grade. The currency exposure of the Fund is flexibly managed.
Fund code : 1068Risk Classification : Low to Medium Risk1
Payment Mode : Cash, SRS
Fund Management Charge (%)* : 1.00%
Eastspring IUT - Singapore Select Bond Fund
Fund Investment Objective
The Eastspring Investments Unit Trusts - Singapore Select Bond 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.
Fund code : 1046Risk Classification : Low to Medium Risk1
Payment Mode : Cash, SRS
Fund Management Charge (%)* : 0.50%
JPMorgan Funds - Emerging Markets LCY Debt Fund
Fund Investment Objective
The fund aims to achieve a return in excess of government bond markets of emerging markets countries by investing primarily in emerging market local currency debt securities, using derivatives where appropriate.
Fund code : 1026Risk Classification : Medium to High Risk1
Payment Mode : Cash, SRS
Fund Management Charge (%)* : 1.00%
PIMCO Total Return Bond Fund (soft closed)
Fund Investment Objective
The investment objective of the Fund is to seek to maximise total return, consistent with preservation of capital and prudent investment management.
The Total Return Bond Fund is a diverse portfolio of intermediate-term, investment grade securities, actively managed to maximise total return while minimising risk relative to the benchmark. The Fund invests primarily in US government, mortgage and corporate bonds, but may have tactical allocations to municipal, high yield and non-US markets.
This Fund is an actively managed portfolio of core bonds that employs prudent risk management and seeks to maximize total returns in all market conditions. The Fund may use or invest in financial derivatives.
The Fund takes a long-term view and uses multiple concurrent strategies to limit the likelihood that any single strategy that falls out of favor would negate the positive returns from other strategies.
Fund code : 1037Risk Classification : Lower Risk
Payment Mode : Cash, SRS
Fund Management Charge (%)* : 1.40%
Schroder ISF Asian Bond Absolute Return (soft closed)
Fund Investment Objective
The fund aims to provide capital growth and income by investing in bonds issued by governments and companies in Asia.
This fund may use financial derivative instruments as a part of the investment process. Derivatives carry a high degree of risk and should only be considered by sophisticated investors.
Fund code : 1063Risk Classification : Low to Medium Risk
Payment Mode : Cash, SRS
Fund Management Charge (%)* : 1.25%
Equity
AB FCP I - Global Value Portfolio Class A SGD Hedged (soft closed)
Fund Investment Objective
The Portfolio seeks long-term capital growth by investing in a global portfolio of equity securities that are determined by the Investment Manager to be undervalued. The Investment Manager combines a fundamental value approach with a disciplined investment process to evaluate a company’s intrinsic value.
Fund code : 1066Risk Classification : Higher Risk1
Payment Mode : Cash, SRS
Fund Management Charge (%)* : 1.50%
AB FCP I - Global Value Portfolio Class A SGD
Fund Investment Objective
The Portfolio seeks long-term capital growth by investing in a global portfolio of equity securities that are determined by the Investment Manager to be undervalued. The Investment Manager combines a fundamental value approach with a disciplined investment process to evaluate a company’s intrinsic value.
Fund code : 1076Risk Classification : Higher Risk1
Payment Mode : Cash, SRS
Fund Management Charge (%)* : 1.50%
abrdn Global Sustainable Equity Fund2
Fund Investment Objective
The abrdn Global Sustainable Equity Fund aims to provide a long-term total return from an internationally diversified portfolio of securities through investing all or substantially all of its assets in the Aberdeen Standard SICAV I – Global Sustainable Equity Fund, a sub-fund of Luxembourg-registered Aberdeen Standard SICAV I, which will invest at least 90% of its assets in equities or equity-related securities of companies listed on global stock exchanges including Emerging Markets.
The Aberdeen Standard SICAV I – Global Sustainable Equity Fund may invest up to 10% of its net assets in Mainland China equity and equity-related securities, including through the Shanghai-Hong Kong and Shenzhen- Hong Kong Stock Connect programme or by any other available means.
The Aberdeen Standard SICAV I – Global Sustainable Equity Fund is actively managed and aims to outperform the MSCI AC World Index (USD) benchmark before charges. The benchmark is also used as a reference point for portfolio construction and as a basis for setting risk constraints but does not incorporate any sustainable criteria.
To achieve its objective, the Aberdeen Standard SICAV I – Global Sustainable Equity Fund will take positions whose weightings diverge from the benchmark or invest in securities that are not included in the benchmark. The investments of the Aberdeen Standard SICAV I – Global Sustainable Equity Fund may deviate significantly from the components and their respective weightings in the benchmark. Due to the active and sustainable nature of the management process, the Aberdeen Standard SICAV I – Global Sustainable Equity Fund’s performance profile may deviate significantly from that of the benchmark.
Fund code : 1002Risk Classification : Higher Risk
Payment Mode : Cash, SRS
Fund Management Charge (%)* : 1.50%
abrdn India Opportunities Fund2
Fund Investment Objective
The abrdn India Opportunities Fund aims to achieve long term capital growth by investing all or substantially all of its assets in the Aberdeen Standard SICAV I – Indian Equity Fund, a sub-fund of the Luxembourg-registered Aberdeen Standard SICAV I. Aberdeen Standard SICAV I – Indian Equity Fund invests at least 70% of its assets in equities and equity-related securities of companies listed, incorporated or domiciled in India or companies that derive a significant proportion of their revenues or profits from Indian operations or have a significant proportion of their assets there.
The Aberdeen Standard SICAV I – Indian Equity Fund is actively managed and aims to outperform the MSCI India Index (USD) benchmark before charges. The benchmark is also used as a reference point for portfolio construction and as a basis for setting risk constraints but does not incorporate any sustainable criteria.
To achieve its objective, the Aberdeen Standard SICAV I – Indian Equity Fund will take positions whose weightings diverge from the benchmark and may invest in securities that are not included in the benchmark. The Aberdeen Standard SICAV I – Indian Equity Fund investments may deviate significantly from the components and their respective weightings in the benchmark. Due to the active nature of the management process, the Aberdeen Standard SICAV I – Indian Equity Fund’s performance profile may deviate significantly from that of the benchmark.
Fund code : 1003Risk Classification : Higher Risk1
Payment Mode : Cash, SRS
Fund Management Charge (%)* : 1.50%
Blackrock Global Funds - Asian Dragon Class A2
Fund Investment Objective
The Asian Dragon Fund seeks to maximise total return. The Fund invests at least 70% of its total assets in the equity securities of companies domiciled in, or exercising the predominant part of their economic activity in, Asia, excluding Japan.
Fund code : 1069Risk Classification : Higher Risk1
Payment Mode : Cash, SRS
Fund Management Charge (%)* : 1.50%
Blackrock Global Funds - Latin American Fund
Fund Investment Objective
The Latin American Fund seeks to maximise total return. The Fund invests at least 70% of its total assets in the equity securities of companies domiciled in, or exercising the predominant part of their economic activity in, Latin America.
Fund code : 1010Risk Classification : Higher Risk1
Payment Mode : Cash, SRS
Fund Management Charge (%)* : 1.75%
Blackrock Global Funds - World Gold Fund
Fund Investment Objective
The World Gold Fund seeks to maximise total return. The Fund invests globally at least 70% of its total assets in the equity securities of companies whose predominant economic activity is gold-mining. It may also invest in the equity securities of companies whose predominant economic activity is other precious metal or mineral and base metal or mineral mining. The Fund does not hold physical gold or metal.
Fund code : 1011Risk Classification : Higher Risk1
Payment Mode : Cash, SRS
Fund Management Charge (%)* : 1.75%
First Sentier Global Property Securities Fund3
Fund Investment Objective
The Fund aims to maximise the total return to investors and invests all or substantially all of its assets in the First Sentier Global Property Securities Fund (the “Underlying Sub-Fund”), under the Dublin registered First Sentier Investors Global Umbrella Fund plc.
The Underlying Sub-Fund invests primarily (at least 70% of its net asset value) in a broad selection of equity securities or equity-related securities issued by real estate investment trusts or companies that own, develop or manage real property from around the world (including initially the EEA, the UK, Russia, Switzerland, United States, and the Asian region) and which are listed, traded or dealt in on regulated markets worldwide.
Fund code : 1075Risk Classification : Higher Risk1
Payment Mode : Cash, SRS
Fund Management Charge (%)* : 1.50%
Goldman Sachs Global Real Estate Equity (soft closed)
Fund Investment Objective
The fund invests in real estate companies established, listed or traded on exchanges across the world. This includes companies which main revenue or activity is linked to real estate property, management and/or development. The portfolio is diversified across countries. The fund uses active management to target companies that score well according to our systematic investment process, with stock and country deviation limits maintained relative to the benchmark. Its stock-level composition will therefore materially deviate from the benchmark. Measured over a period of several years, we aim to beat the performance of the benchmark GPR 250 Global 10/40 (NR). The benchmark is a broad representation of our investment universe. The fund may also include investments into securities that are not part of the benchmark universe. The fund’s stock selection process is driven by the analysis of fundamental and behavioural data and includes the integration of ESG factors. You can sell your participation in this fund on each (working) day on which the value of the units is calculated, which for this fund occurs daily. The fund does not aim to provide you with a dividend. It will reinvest all earnings.
Fund code : 1022Risk Classification : Higher Risk1
Payment Mode : Cash, SRS
Fund Management Charge (%)* : 1.50%
Schroder Emerging Markets Fund
Fund Investment Objective
The Schroder Emerging Markets Fund (the "Fund") aims to provide capital growth by investing substantially into the Schroder ISF Emerging Markets (the "Underlying Fund"), whose investment objective is to provide capital growth by investing in equity and equity related securities of emerging markets companies. The net asset value ("NAV") of the Fund is likely to have high volatility due to its investment policy or portfolio management techniques.
This fund may use financial derivative instruments as a part of the investment process. Derivatives carry a high degree of risk and should only be considered by sophisticated investors.
Fund code : 1048Risk Classification : Higher Risk1
Payment Mode : Cash, SRS
Fund Management Charge (%)* : 1.50%
Schroder ISF China Opportunities
Fund Investment Objective
The fund aims to provide capital growth in excess of the MSCI China (Net TR) Index after fees have been deducted over a three to five year period by investing in equities of Chinese companies.
This fund may use financial derivative instruments as a part of the investment process. Derivatives carry a high degree of risk and should only be considered by sophisticated investors.
Fund code : 1050Risk Classification : Higher Risk1
Payment Mode : Cash, SRS
Fund Management Charge (%)* : 1.50%
Schroder Singapore Trust
Fund Investment Objective
The Schroder Singapore Trust Fund (the "Fund") aims to achieve long-term capital growth primarily through investment in securities of companies listed on the Singapore Exchange Securities Trading Limited ("SGX-ST"). The portfolio of the Fund will be broadly diversified with no specific industry or sectoral emphasis. The net asset value ("NAV") of the Fund is likely to have high volatility due to its investment policy or portfolio management techniques.
This fund may use financial derivative instruments as a part of the investment process. Derivatives carry a high degree of risk and should only be considered by sophisticated investors.
Fund code : 1084Risk Classification : Higher Risk1
Payment Mode : Cash, SRS
Fund Management Charge (%)* : 1.125%
Templeton Asian Growth Fund
Fund Investment Objective
The Fund aims to achieve long-term capital appreciation by investing primarily in companies incorporated in Asia, with principal business activities in Asia and/or listed on exchanges in Asia (excluding Australia, New Zealand and Japan).
Fund code : 1053Risk Classification : Higher Risk1
Payment Mode : Cash, SRS
Fund Management Charge (%)* : 1.85%
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Risk
By purchasing PRUSelect, you are subjected to the risks inherent to the PRUSelect Fund(s) which you have invested in. You should consider and satisfy yourself as to the risks of investing in the PRUSelect Fund(s). Investments in the PRUSelect Fund(s) are generally meant to produce returns over the long-term. It may not be possible to obtain short-term gains from such investments. You should be aware that the price of units in the PRUSelect Fund(s), and the income from them, may fall or rise and you may not get back your original investment.
No guarantee is given, express or implied, that you will receive any amount invested. All investments involve risks and there can be no guarantee against loss resulting from an investment in any PRUSelect Fund(s), nor can there be any assurance that the PRUSelect Fund(s)’ respective investment objectives will be attained in respect of their overall performance. You should therefore ensure (prior to any investment being made) that you are satisfied with the respective PRUSelect Fund’s risk profile of the overall objective disclosed.
Funds under PRUSelect are authorized or recognized under the Securities and Futures Act Cap. 289. You should also be aware that an investment in the particular PRUSelect Fund(s) may be exposed to other risks of an exceptional nature from time to time.
The above should not be considered to be an exhaustive list of risks which you should consider before investing into any PRUSelect Fund(s). Please refer to the respective fund prospectuses for full details on the risks of each PRUSelect Fund.
The information on Investment Manager’s Profile and Fund Details is provided by the Investment Managers. Prudential Assurance Company Singapore Pte Ltd is not responsible for the accuracy, completeness or reliability of the information provided by the Investment Managers and shall have no liability for any errors or omissions in the above information.
Additional Notes
A Product Summary, Fund Information Booklet and Product Highlights Sheet relating to the Fund are available and may be obtained from Prudential, Prudential Financial Consultant and/or its distribution partners.
A potential investor should read the Product Summary, Fund Information Booklet and Product Highlights Sheet before deciding whether to subscribe for units in the Fund and seek professional advice before making any investment decision. In the event that investor chooses not to seek advice, he/she should consider carefully whether the Fund in question is suitable for him/her.
The information presented is for your information only and does not consider specific investment objectives, financial situation or needs of any person. It should not be relied upon as financial advice to buy, sell or hold any investment product or class of investment products. It should not be construed as an offer or solicitation for the subscription, purchase or sale of the names mentioned herein.
Investments are subject to investments risks including the possible loss of the principal amount invested. The prediction, projection or forecast 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. The past performance of the Manager or Investment Manager and the Fund is not necessarily indicative of its future performance. The performance of the Fund is not guaranteed and the value of the units and the income accruing to the units, if any may fall or rise.
Units in the PRUSelect Fund(s) are not available to US persons.
Information is correct as at [date].
This advertisement has not been reviewed by the Monetary Authority of Singapore.
Footnotes
* The term 'fund management charge' may be called differently by different Investment Managers. For example, it may be called 'continuing investment charge', 'management fee' or 'investment management charge'.
1 This fund should not constitute more than 50% of premiums invested. If you wish to proceed, your consultant will document your instructions in the recommendation accordingly.
2 Prior to 11 April 2022, the fund names were previously known as:
- Aberdeen Standard Global Sustainable and Responsible Investment Equity Fund (for fund code 1002)
- Aberdeen Standard India Opportunities Fund (for fund code 1003)
3 Previously known as First State Global Property Investments SGD prior 22 September 2020.
Important Notes
PRUSelect will give you access to confidential and proprietary information of Model Portfolios developed by Mercer and is intended for your exclusive reference, for general information purposes only. This information is not, nor intended to be, investment advice and shall not be relied on as such. All investment decisions shall be made independently by you, after duly considering and understanding the investment product(s), benefits and risks.
Notwithstanding any information provided to you in connection with the PRUSelect, you are advised to read Product Summary, Fund Prospectus and Product Highlights Sheet with respect to the relevant investment products before deciding whether to invest in such products. Neither Prudential Assurance Company Singapore (Pte) Limited (“Prudential Singapore”) nor Mercer gives any representations or warranties as to the accuracy of any information provided to you in connection with the PRUSelect. Neither Prudential Singapore nor Mercer accepts any responsibility or liability for any loss or damage which you may suffer arising out of or in connection with your purchase of the PRUSelect. Where appropriate, you are encouraged to seek independent legal, tax and other professional advice.
As there may be market fluctuations and change in market conditions, you are also encouraged to refer to the subsequent model portfolios that will be updated on annual basis (for PRUSelect). Such subsequent updated model portfolios can be obtained via your Prudential Financial Consultant and will be made available in PRUaccess.
Any opinion on or rating of investment products contained under the model portfolio developed by Mercer in connection with the PRUSelect is not intended to convey any guarantee as to the future investment performance of such investment products or model portfolios. In addition, past performances cannot be relied upon as a guide or indicator to future performance.
Notwithstanding anything above, Prudential Singapore reserves the right to discontinue the PRUSelect at any time without reference or notification to you.
*Applicable only to customers prior to 2nd March 2023.
