Economic data were mixed: industrial output accelerated in May, driven by pharmaceuticals; export growth slowed from the previous month.
Domestic equities tracked regional indices lower in May, amid ongoing fears over the European debt crisis, policy tightening in China and heightened political tensions on the Korean peninsula.
Singapore equities recorded sharp gains in April, outperforming the regional index, as economic data suggested that its economic recovery may be self- sustaining.
The Fund recorded a gain of 0.32% for the month of March 2010, against the benchmark’s return of 0.04%. Year-to-date, the Fund gained 1.30% on a total return basis.
CDL Hospitality Trust’s quarterly results outperformed Aberdeen's expectations, thanks to good occupancy rates and cost controls.
The local stockmarket rose in November, outperforming regional equities, aided by better-than-expected corporate results. However, the gains were capped by short-lived panic selling at the month-end...
Despite the economic downturn, Singapore’s household balance sheet has remained relatively healthy. Net household wealth grew marginally in 2008, compared with a decline of 23% during the 1997 Asian...
On and after 4 September 2009, the Fund will be terminated and the units in the Fund will be automatically switched to DBS Enhanced Income Fund (S$).



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