Silverdale Asia Bond Fund

A diversified portfolio of primarily investment grade short duration US dollar bonds, actively managed for enhanced returns.

Distribution NAV


Accumulation NAV


YTD Return

Latest Communique:

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OVERVIEW

Investment Objective

Silverdale Asia Bond Fund is actively managed for stable returns and quarterly dividend distribution; the portfolio duration is kept low to manage interest rate risks and credit risks.

Key Advantages

  • Investment grade (min. 80%)
  • Short duration (2-3 years)
  • Low volatility
  • Excellent returns of 3% - 5% p.a.
  • No forex risk (US dollars only)
  • Quarterly dividend
  • Liquid open-ended fund with easy weekly subscription/redemption
  • State-of-the-art risk management system using proprietary cash flow modelling
  • As interest rates go up, performance is likely to improve due to short re-investment period
  • Strong track record of over 4 years

Portfolio Characteristics

Investment Grade Bonds
Max. Single Security Exposure

Fund Information

Share ClassesISIN
USD (Accumulation) SGXZ12256509
USD (Distribution) SGXZ92922509
SGD (Accumulation) SGXZ56481666
SGD (Distribution) SGXZ84228246
Fund Silverdale Asia Bond Fund
ACRA Regn No T20VC0123D-SF005
MAS SRS No 20OV6WK1210
Umbrella Fund Silverdale Fund VCC
Country of Domicile Singapore
Fund Currencies USD / SGD
Strategy Inception DateA 9 Sep 2010
Management Fee 0.25% p.a.^^
Weekly NAV Launch Date 19 Aug 2013
Sub-fund Launch Date 1 Feb 2021
NAV Frequency Weekly (Friday)*
Subscription / Redemption Weekly (Monday)*
Last Quarterly Dividend US$ 0.9304 per share
Next Quarterly Dividend Approx 3.5% p.a.#
Previous Dividend Date 24 September 2021
Next Dividend Date 31 December 2021
Footnotes

The NAV performance is computed taking: 1 month = 4 weeks, 3 months = 13 weeks, 6 months = 26 weeks, 9 months = 39 weeks, and 12 months = 52 weeks; where attributable NAV is not available, the latest available NAV is taken for computation. NAV prior to 15 October 2021 is based on NAV of Sri Silverdale Opportunities Fund (Class-J) managed by the same fund management team without change in strategy. The payment of Dividend results in equivalent amount of drop in the NAV of the Fund
(*) Assuming to be a Business Day.
(#) Indicative
(^) Based on AUM; Credit Rating is based on best of the three ratings (S&P/Moodys/Fitch); Rating exposure of less than 3% has been clubbed as "Others"; unless otherwise specified. Sector exposure of less than 3% has been clubbed as 'Others'; unless otherwise specified. Country exposure of less than 3% has been clubbed as 'Others'; unless otherwise specified.
(^^) Till 29th Dec 2023, thereafter 0.50% p.a.
(A) Initially launched as part of multi assets fund with quarterly NAV.

Historical Communiques

To view the previous communiques, click here.

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Many of the products referred to in this Webpage are restricted funds ("Restricted Funds"), and are not authorised or recognised by the Monetary Authority of Singapore*. These Restricted Funds are not allowed to be offered to the retail public and may only be promoted exclusively to persons who are sufficiently experienced and sophisticated to understand the risks involved in investing in such schemes, and who satisfy certain other criteria. Such persons include persons to whom offer of the Restricted Funds is allowed to be made pursuant to exemption from prospectus requirements under the Securities and Futures Act, Chapter 289 of Singapore ("Act"), which broadly comprise regulated financial institutions, large pension funds, large corporates, high net worth individuals, sophisticated investors and investment professionals. Any written material issued in connection with the offer of the Restricted Funds is not a prospectus as defined in the Act and accordingly, statutory liability under the Act in relation to the content of the prospectus would not apply. There are significant risks associated with investment in the Restricted Funds listed on this Webpage. Investment in the Restricted Funds on this website is intended for sophisticated investors who can accept the risks associated with such an investment including a substantial or complete loss of their investment.

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1. an individual:

- whose net personal assets exceed in value S$2 million (or its equivalent in a foreign currency) or such other amount as the Monetary Authority of Singapore may prescribe in place of the first amount; or
- whose financial assets (net of any related liabilities) exceed in value $1 million (or its equivalent in a foreign currency) or such other amount as the Authority may prescribe in place of the first amount, where “financial asset” means:
- a deposit as defined in section 4B of the Banking Act
- an investment product as defined in section 2(1) of the Financial Advisers Act; or
- any other asset as may be prescribed by regulations made under section 341; or
- whose income in the preceding 12 months is not less than $300,000 (or its equivalent in a foreign currency) or such other amount as the Authority may prescribe in place of the first amount

2. a corporation with net assets exceeding S$10 million in value (or its equivalent in a foreign currency) or such other amount as the Monetary Authority of Singapore may prescribe, in place of the first amount, as determined by:

- the most recent audited balance-sheet of the corporation; or
- where the corporation is not required to prepare audited accounts regularly, a balance-sheet of the corporation certified by the corporation as giving a true and fair view of the state of affairs of the corporation as of the date of the balance-sheet, which date shall be within the preceding 12 months

3. the trustee of such trust as the Monetary Authority of Singapore may prescribe when acting in that capacity; or

4. such other person as the Monetary Authority of Singapore may prescribe

Information Purposes Only

This site and the information included herein is for general information purposes only and does not constitute an offer or solicitation to subscribe to the funds or products referred to herein. This site does not constitute investment advice or counsel or solicitation for investment in any fund, products or services. The content of this Webpage should not be regarded as investment advice or financial product advice and should not be relied upon as such. In making any investment decision, prospective investors must rely on their own examination of the merits and risks involved. The information contained in this document is subject to change without notice. It is not intended for public use or distribution. Any research or analysis used to derive, or in relation to, the information has been procured from sources deemed reliable by Silverdale for its own use, without taking into account the investment objectives, financial situation or particular needs of any specific investor. To the best of its knowledge and belief, Silverdale considers the information contained herein as accurate as at the date of publication.

The funds mentioned on this Webpage are suitable for professional or institutional investors only. All investment involves risk, and past performance is not an indicator of future results. The value of funds and portfolios we manage may fall as well as rise, and the investor may not get back the amount originally invested. The loss on realization or cancellation may be very high, including total loss of investment, as the value of such an investment may fall suddenly and substantially. Forward-looking statements or projections mentioned herein are not necessarily indicative of future or likely performance.

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