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.
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 a bright note, manufacturing improved for a second month in May, as pharmaceutical production rose.
Although the fund can potentially buy into high quality short term money market and debt securities, it currently only invests in SGD deposits. Prior to its establishment in 2003, the fund management ...



Factsheet
Report
Prospectus