Income Insurance Singapore

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Date	Bid Price	Offer Price

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Latest bid price

8.765

As of 30 Jun 2020

Fees & Charges
Pay with	Cash, SRS
Initial sales charge	Up to 3.5% for Cash and SRS Investments.
Annual management fee	1.0% p.a.* which includes management fee charged by the manager of the BlackRock Global Funds – Asian Tiger Bond Fund.

*Not guaranteed and may be reviewed from time to time. However, it shall not exceed 2.0% of the sub-fund balance at any point in time.

About the fund

Fund type	Thematic fund
Launch date	3 May 2016
Investment objective	To provide a medium to long-term rate of return by investing mainly in Asian fixed income securities.
Investment scope	The sub-fund intends to achieve this objective by investing all or substantially all of its assets in BlackRock Global Funds – Asian Tiger Bond Fund (“underlying fund”) in A6 SGD Hedged Share Class. The underlying fund will invest 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 (i.e. South Korea, the People’s Republic of China, Taiwan, Hong Kong, the Philippines, Thailand, Malaysia, Singapore,Vietnam, Cambodia, Laos, Myanmar, Indonesia, Macau, India and Pakistan). The underlying fund may also invest in the full spectrum of available securities, including non-investment grade. The underlying fund’s exposure to contingent convertible bonds is limited to 20% of total assets and the underlying fund's exposure to distressed securities is limited to 10% of its total assets.
Fund manager	NTUC Income Insurance Co-operative Limited
Manager of the underlying fund	BlackRock (Luxembourg) S.A.
CPFIS risk classification	N.A.
Inclusion in CPFIS	N.A.
Structure	Single fund
Benchmark	JP Morgan Asia Credit Index hedged to Singapore Dollars

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Important notes

The sub-fund offers a monthly payout feature and intends to provide a monthly distribution with effect from 27 May 2016. The Manager intends to pay the distribution within 45 days from the declaration date. The declaration date is set on the 3rd last business day of every month. The declaration date is subject to review and the Manager has the sole discretion to determine the rate and frequency of the distribution. Distributions are not guaranteed and can be made out of income, capital gains, and/or capital of the sub-fund.