Fullerton Total Return Multi-Asset Income is designed to offer regular payments and capital appreciation with potentially lower downside risks
SINGAPORE, June 4, 2021 / PRNewswire / – Fullerton Fund Management (“Fullerton”) has partnered with Maybank Singapore to launch Fullerton Total Return Multi-Asset Income (the “Fund”) for investors to build their retirement wealth through three stages of the life of active adulthood, nearly–retirement and retirement. The Fund seeks to generate regular income and long-term capital growth from a diverse range of asset classes.
A retirement survey released in April 2021 by Fullerton revealed that the COVID-19 pandemic prompted Singaporeans to start planning for retirement. The results also indicate that financial uncertainties and low interest rates cause them to take more risk to earn higher returns on their savings. Additionally, it has been revealed that many Singaporeans now expect to derive the bulk of their retirement income from the returns on their investments, through a combination of capital growth and income.
To meet various lifestyle needs and the desire for capital growth and income, the Fund offers investors the freedom to choose from three classes of shares:
Class A: a class of capitalization shares in which all dividends are reinvested for a higher potential capital growth; suitable for young working adults seeking longer term asset growth;
Class B: a distribution share class that seeks to generate accretive returns and offers investors a moderate monthly dividend payment so that investors with family commitments can have an additional income stream; or
Class C: A distributing share class that distributes portfolio gains and capital growth in the form of dividends at a fixed monthly payment of 6.88% per annum. This allows investors to receive regular income that supplements their existing public or private pension plans during their retirement years.
The Fund invests in a range of asset classes to seize a wide range of opportunities. Its underlying portfolio includes global equities and Asian bonds from all geographies and sectors, as well as cash and other permitted instruments (such as gold and commodities). It invests in global equities for capital growth and in Asian bonds for yield. The Fund’s flexibility to adjust its allocation to risky assets helps manage downside risks.
The Fund is managed by Fullerton and is available exclusively through Maybank Singapore branches and website from May 31, 2021, with the target creation date of June 16, 2021. The Fund takes advantage of Fullerton’s award-winning investment capabilities. Fullerton was recently named Fund House of the Year – Singapore, at the AsianInvestor Asset Management Awards 2021.
Mrs Jenny sofian, CEO of Fullerton Fund Management, says the Fund is well positioned to help investors build their retirement wealth. “Fullerton has a solid reputation and a proven track record as a provider of retirement solutions. This relies on our ability to identify investment trends and opportunities over different market cycles. The Fullerton Total Return Multi-Asset Income fund is suitable for investors at different stages of life. It seeks to generate both capital growth and regular income by investing dynamically in a range of asset classes while managing downturns. risks. The Fund is positioned to provide total return to investors and is complementary to national and company pension plans. We are proud to partner exclusively with Maybank to elevate the retirement proposition for our investors. “
m Alvin lee, Head of Wealth Management and Community Financial Services at Maybank in Singapore, said: “We understand that many of our clients have retirement planning in mind and are eager to invest to achieve the retirement lifestyle. and the financial freedom they want. In an effort to humanize financial services, Maybank strives to be the bank of choice for retirement planning with its financial offerings and advice, and two years ago we launched the unique Maybank Passion Plus Program for the silver generation. Now, together with Fullerton, who have an established reputation for managing diversified retirement solutions, we have organized this fund to be suitable for individuals of all walks of life.
For more information on Fullerton Total Return Multi-Asset Income, please visit: maybank.sg/trmi.
About Fullerton Fund Management
Fullerton Fund Management Company Ltd (“Fullerton”) is a Asiainvestment specialist, focused on optimizing investment results and improving the investor experience. We help our clients, including government entities, sovereign wealth funds, pension plans, insurance companies, private banking and retail, in the region and beyond, achieve their investment goals thanks to our range of solutions.
Our award-winning investment expertise spans equities, fixed income, multi-assets, alternatives and cash management, in both public and private markets. As an active manager, we attach great importance to performance, risk management and investment prospects.
Incorporated in 2003, Fullerton is headquartered in Singapore, and has offices associated with Shanghai, London, and Brunei. Fullerton is part of a multi-asset management group, Seviora, a holding company created by Temasek. NTUC Income, a leader Singapore insurer, is a minority shareholder of Fullerton.
For more information, please visit www.fullertonfund.com
About Maybank Singapore
Maybank is part asia large banking groups and South East Asia fourth largest bank in terms of assets. Maybank Group has an international network of more than 2,600 retail branches in 18 countries, including the 10 ASEAN countries, with more than 42,000 employees serving customers around the world.
Maybank Singapore is one of the group’s largest overseas operations and a qualifying comprehensive bank in Singapore. Like a December 31, 2020, the size of the bank’s net assets in Singapore was approximately S $ 81.5 billion. With strategically located bank branches and more than 2,000 employees in Singapore, Maybank is uniquely positioned to provide highly personalized services and locally oriented solutions that will deliver more value to clients.
For more information, please visit maybank2u.com.sg
SOURCE Fullerton Fund Management