Nikko AM Global Green Bond Fund
Bond
Recent Price
Fund description
The investment objective of the Fund is to achieve medium to long term capital appreciation by tapping opportunities in the global bond markets. The Fund invests primarily in global fixed income instruments issued by government and blue-chip corporations of developed countries. The Fund may also invest in emerging markets to enhance return potential. <p>With effect from 2 Jan 2013, the investment objective of the Fund will be to achieve income and capital growth over the medium to long term through investing in bonds denominated in different currencies and the Managers will seek to achieve the new investment objective of the Fund by investing all or substantially all of its assets into the Nikko AM World Bank Green Fund (the "Underlying Fund"), a sub-fund of Nikko AM Global Umbrella Fund. In addition, the Managers will implement an active hedging strategy for the Fund to hedge against adverse currency movements between the USD and the SGD in order to protect the Fund’s return in SGD term. Investors should note that as of 31 Dec 2012, the Managers have invested substantially all of its assets in the Underlying Fund.</p>
Fund Performance
Prices shown are indicative and are usually based on prices of 2-4 dealing days earlier, and may not be exactly the price used for individual trades. Prices and returns on this page may be based on a reference price in a different currency to that of the fund dealing price. Returns experienced by individual clients may differ from those shown below. Clients should not rely on these prices for decision making. Fund prices provided by third-parties. dollarDEX does not guarantee any prices or valuations shown, and accepts no responsibility for their accuracy.
Return
1 week
0.93
1 month
0.60
6 months
1.90
1 year
1.82
3 years
-7.46
Since start *
-19.46
Annualized Return %
1 week
1 month
6 months
1 year
1.82
3 years
-2.55
since start *
-0.78
Annual Volatility %
1 week
1 month
6 months
1 year
6.86
3 years
8.83
since start *
6.88
Sharpe ratio +
1 week
1 month
6 months
1 year
0.19
3 years
-0.35
since start *
-0.19
*Since start means from start of data available to dollarDEX and may not coincide with inception of fund.
Performance chart
Fund details
| Price frequency | Daily |
| Pricing basis | Forward |
| Dealing basis (subscriptions) What is this? | T+0 |
| Dealing basis (redemptions) What is this? | T+0 |
| Sector | All |
| Asset class | Bond |
| Asset sub-class | Mixed |
| Region | Global Peer funds |
| Dividend distribution option | Re-investment, Cash payout |
| Launch price | SGD 1.00000 |
| Price currency [1] | SGD |
| Payment currency | SGD |
| Investment type | Cash, SRS |
| Risk (volatility) What is this? | Medium Low |
|
Fund annual management & service fee
[2] (built into daily pricing, check prospectus for details) |
1.000% |
| Latest bid/NAV price | SGD 0.58150 (10-Dec-2024) |
| Bid price changes from last available price | -0.58% |
| Benchmark | NA |
| Minimum initial investment | SGD 1,000 |
| Minimum subsequent investment | SGD 500 |
| Minimum RSP investment | SGD 100 |
1 Usually same as fund dealing currency (refer to prospectus). Some funds have a SGD reference price used by Navigator.
2 Total of fixed annual management and service fees. Check fund prospectus for details including variable performance fees, if any, which may not be included here.