A diversified portfolio of primarily investment grade short duration US dollar bonds that is actively managed for consistent returns.
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
- 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 monthly subscription/redemption
- State-of-the-art risk management system using proprietary cash flow modelling
Portfolio Characteristics
Data as of 31/08/2023
| Investment Grade Bonds |
|---|
Fund Information
| Share Classes | ISIN |
| USD (Accumulation) | SGXZ21978333 |
| USD (Distribution) | SGXZ27149574 |
| Fund | Silverdale Asia Bond Fund |
| ACRA Regn No | T20VC0123D-SF004 |
| MAS SRS No | 20ARR7O1209 |
| Umbrella Fund | Silverdale Fund VCC |
| Country of Domicile | Singapore |
| Fund Currencies | USD / SGD |
| Strategy Inception DateA | 9 September 2010 |
| Management Fee | 0.25% p.a.^^ |
| Weekly NAV Launch Date | 19 August 2013 |
| Sub-fund Launch Date | 1 February 2021 |
| NAV Frequency | Monthly |
| Subscription / Redemption | Monthly |
| Last Quarterly Dividend | US$ 0.7500 per share |
| Next Quarterly Dividend | Approx 3.5% p.a.# |
| Previous Dividend Date | 30 June 2023 |
| Next Dividend Date | 29 September 2023# |
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.