Nikko AM Shenton Short Term Bond Fund Hedged USD
Bond
Recent Price
Fund description
The investment objective of the Fund is to seek preservation of capital and liquidity and consistent with this objective, to outperform the Singapore Interbank Offered Rate (SIBOR) by investing in a diversified portfolio of good quality, short-term bonds and money market instruments. There is no target industry or sector and the Fund is not country-specific. (Please note that for the A$ Hedged Class and the US$ Hedged Class, the Managers intend to hedge the currency exposure of the assets of the Scheme attributable to (a) the A$ Hedged Class into AUD and (b) the US$ Hedged Class into USD, through the use of currency forwards. Consequently, the NAV per Unit of each of the A$ Hedged Class and the US$ Hedged Class will take into account any gains or losses arising from the use of the currency forwards in respect of the relevant Class.)
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
0.14
1 month
0.34
6 months
3.54
1 year
6.72
3 years
10.62
Since start *
12.86
Annualized Return %
1 week
1 month
6 months
1 year
6.72
3 years
3.42
since start *
2.63
Annual Volatility %
1 week
1 month
6 months
1 year
1.04
3 years
1.41
since start *
1.24
Sharpe ratio +
1 week
1 month
6 months
1 year
5.97
3 years
2.07
since start *
1.71
*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 | NA |
| Launch price | USD 1.0001 |
| Price currency [1] | USD |
| Payment currency | USD |
| Investment type | Cash only |
| Risk (volatility) What is this? | Low |
|
Fund annual management & service fee
[2] (built into daily pricing, check prospectus for details) |
0.300% |
| Latest bid/NAV price | USD 1.2141 (9-Dec-2024) |
| Bid price changes from last available price | +0.04% |
| Benchmark | 3-month SIBOR |
| Minimum initial investment | USD 1,000 |
| Minimum subsequent investment | USD 100 |
| Minimum RSP investment | USD 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.