Target Return Funds
Silverdale Fixed Maturity Fund 2023
Latest Fact Sheet
Data as of:
Nov 24, 2023
Target Return Funds
Silverdale Fixed Maturity Fund 2023
Latest Fact Sheet
Data as of:
Nov 24, 2023
Target Return Funds
Silverdale Fixed Maturity Fund 2023
Latest Fact Sheet
Data as of:
Nov 24, 2023
Target Return Funds
Silverdale Fixed Maturity Fund 2023
Latest Fact Sheet
Data as of:
Nov 24, 2023
Overview
Overview
Fund Description
Fund Description
Fund Description
Fund Description
Silverdale Fixed Maturity Fund 2023 is a diversified portfolio of short duration US dollar bonds, managed for fixed maturity and uses ring-fenced leverage. The fund has matured on 24 November 2023
Silverdale Fixed Maturity Fund 2023 is a diversified portfolio of short duration US dollar bonds, managed for fixed maturity and uses ring-fenced leverage. The fund has matured on 24 November 2023
Silverdale Fixed Maturity Fund 2023 is a diversified portfolio of short duration US dollar bonds, managed for fixed maturity and uses ring-fenced leverage. The fund has matured on 24 November 2023
Silverdale Fixed Maturity Fund 2023 is a diversified portfolio of short duration US dollar bonds, managed for fixed maturity and uses ring-fenced leverage. The fund has matured on 24 November 2023
Fund Advantages
Fund Advantages
Fund Advantages
Fund Advantages
• Fixed Tenure: November 2023 • Currency Exposure: US dollars • Internal Leverage: Non-recourse to investors • Stable dividend: 4.00% p.a., paid semi-annually • Transparency: 100% portfolio disclosed • Fund Tax Status: Zero tax on investment income • Fund and Fund Manager regulated by Monetary Authority of Singapore
• Fixed Tenure: November 2023 • Currency Exposure: US dollars • Internal Leverage: Non-recourse to investors • Stable dividend: 4.00% p.a., paid semi-annually • Transparency: 100% portfolio disclosed • Fund Tax Status: Zero tax on investment income • Fund and Fund Manager regulated by Monetary Authority of Singapore
• Fixed Tenure: November 2023 • Currency Exposure: US dollars • Internal Leverage: Non-recourse to investors • Stable dividend: 4.00% p.a., paid semi-annually • Transparency: 100% portfolio disclosed • Fund Tax Status: Zero tax on investment income • Fund and Fund Manager regulated by Monetary Authority of Singapore
Silverdale Edge
Silverdale Edge
Silverdale Edge
Silverdale Edge
• Fungible Cash Flow Modelling (SCFM): Assesses issuer’s ability and willingness to pay; manages redemption risk; selects bonds with superior risk-adjusted returns • Quant Filters: Scan 150k+ emerging market bonds; track 500 actively • Cash Flow Modelling: Analyze cash flows and legal terms • Team Review: Decisions by consensus; CIO veto for risk control • Risk-Based Allocation: Position sizing via duration × spread; limits, stop-loss, rebalancing • Trade Execution: Best execution; no conflicts of interest • Continuous Learning: Adjust based on markets, news, and trading feedback • Portfolio Construction: Focus on duration management, diversification, and optimization
• Fungible Cash Flow Modelling (SCFM): Assesses issuer’s ability and willingness to pay; manages redemption risk; selects bonds with superior risk-adjusted returns • Quant Filters: Scan 150k+ emerging market bonds; track 500 actively • Cash Flow Modelling: Analyze cash flows and legal terms • Team Review: Decisions by consensus; CIO veto for risk control • Risk-Based Allocation: Position sizing via duration × spread; limits, stop-loss, rebalancing • Trade Execution: Best execution; no conflicts of interest • Continuous Learning: Adjust based on markets, news, and trading feedback • Portfolio Construction: Focus on duration management, diversification, and optimization
• Fungible Cash Flow Modelling (SCFM): Assesses issuer’s ability and willingness to pay; manages redemption risk; selects bonds with superior risk-adjusted returns • Quant Filters: Scan 150k+ emerging market bonds; track 500 actively • Cash Flow Modelling: Analyze cash flows and legal terms • Team Review: Decisions by consensus; CIO veto for risk control • Risk-Based Allocation: Position sizing via duration × spread; limits, stop-loss, rebalancing • Trade Execution: Best execution; no conflicts of interest • Continuous Learning: Adjust based on markets, news, and trading feedback • Portfolio Construction: Focus on duration management, diversification, and optimization
Fund Information
Fund Information
Data as of:
Nov 28, 2025
Quick Stats
Quick Stats
Quick Stats
Quick Stats
Accumulation NAV (USD Class)
$123.7026
$123.7026
$123.7026
Distribution NAV (USD Class)
$111.5798
$111.5798
$111.5798
Key Facts
Key Facts
Key Facts
Key Facts
ACRA Regn. No.
ACRA Regn. No.
ACRA Regn. No.
T20VC0123D-SF003
T20VC0123D-SF003
T20VC0123D-SF003
MAS SRS No.
MAS SRS No.
MAS SRS No.
20ZIY6U1213
20ZIY6U1213
20ZIY6U1213
Umbrella Fund
Umbrella Fund
Umbrella Fund
Silverdale Fund VCC
Silverdale Fund VCC
Silverdale Fund VCC
Country of Domicile
Country of Domicile
Country of Domicile
Singapore
Singapore
Singapore
Fund Currency
Fund Currency
Fund Currency
US Dollar
US Dollar
US Dollar
Strategy Inception
Date
Strategy Inception
Date
Strategy Inception
Date
Sep 28, 2020
Sep 28, 2020
Sep 28, 2020
Management Fee
Management Fee
Management Fee
0.50% p.a.
0.50% p.a.
0.50% p.a.
ISIN
ISIN
ISIN
SGXZ51364842
SGXZ51364842
SGXZ51364842
Sub-fund Launch Date
Sub-fund Launch Date
Sub-fund Launch Date
Apr 1, 2021
Apr 1, 2021
Apr 1, 2021
NAV Frequency
NAV Frequency
NAV Frequency
Monthly
Monthly
Monthly
Subscription
Subscription
Subscription
Closed
Closed
Closed
Redemption
Redemption
Redemption
Closed
Closed
Closed
Last Dividend
Last Dividend
Last Dividend
US$ 2.00 per share
US$ 2.00 per share
US$ 2.00 per share
NAV & Performance
NAV & Performance
NAV & Performance
Data as of:
Nov 28, 2025
Net Asset Value
Returns
Growth of 100k
Net Asset Value
Returns
Growth of 100k
Net Asset Value
Returns
Growth of 100k
Net Asset Value
Returns
Growth of 100k
Relative Return Matrix
Relative Return Matrix
Relative Return Matrix
For the period 28 September 2020 - 24 November 2023
Get in touch with us
We manage funds and investment portfolio mandates for Family Offices, Independent Asset Management firms, Private Banks & Institutional Investors.
Get in touch with us
We manage funds and investment portfolio mandates for Family Offices, Independent Asset Management firms, Private Banks & Institutional Investors.
Get in touch with us
We manage funds and investment portfolio mandates for Family Offices, Independent Asset Management firms, Private Banks & Institutional Investors.
Get in touch with us
We manage funds and investment portfolio mandates for Family Offices, Independent Asset Management firms, Private Banks & Institutional Investors.
Get in touch with us
We manage funds and investment portfolio mandates for Family Offices, Independent Asset Management firms, Private Banks & Institutional Investors.
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© 2025 Silverdale Capital Pte Ltd. All rights reserved. *Source: Silverdale Capital, as of 31 May 2025.
This material is distributed in Singapore by Silverdale Capital Pte Ltd (Company Registration No. 200820921K), which is licensed and regulated by the Monetary Authority of Singapore (MAS) under a Capital Markets Services Licence. This publication or website content has not been reviewed by the MAS.
All investments carry risk. Historical performance is not necessarily indicative of future returns. Forward-looking statements or projections are not guarantees and may not be realised. Any reliance on the information presented is at the discretion of the reader. Overseas investments may entail additional risks such as currency fluctuations, reduced market liquidity, weaker regulatory protections, and heightened political or economic instability. Fixed income securities may be affected by interest rate movements and credit events. As interest rates rise, bond prices typically decline. Credit risk arises if issuers are unable to meet interest or principal repayments.
This material is provided for general informational purposes only and does not constitute investment advice, research, an offer, or a solicitation to transact in any financial product. It does not take into account the specific investment objectives, financial situation, or particular needs of any individual. While the content is based on information believed to be reliable, Silverdale Capital makes no representations or warranties as to its completeness or accuracy. Any index references are for illustrative purposes only; direct investment in an index is not possible. Mentions of specific companies are for example purposes only and do not constitute a recommendation or opinion on their investment merits.
© 2025 Silverdale Capital Pte Ltd. All rights reserved.
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Sign up to receive insights and analysis from Silverdale Funds
© 2025 Silverdale Capital Pte Ltd. All rights reserved. *Source: Silverdale Capital, as of 31 May 2025.
This material is distributed in Singapore by Silverdale Capital Pte Ltd (Company Registration No. 200820921K), which is licensed and regulated by the Monetary Authority of Singapore (MAS) under a Capital Markets Services Licence. This publication or website content has not been reviewed by the MAS.
All investments carry risk. Historical performance is not necessarily indicative of future returns. Forward-looking statements or projections are not guarantees and may not be realised. Any reliance on the information presented is at the discretion of the reader. Overseas investments may entail additional risks such as currency fluctuations, reduced market liquidity, weaker regulatory protections, and heightened political or economic instability. Fixed income securities may be affected by interest rate movements and credit events. As interest rates rise, bond prices typically decline. Credit risk arises if issuers are unable to meet interest or principal repayments.
This material is provided for general informational purposes only and does not constitute investment advice, research, an offer, or a solicitation to transact in any financial product. It does not take into account the specific investment objectives, financial situation, or particular needs of any individual. While the content is based on information believed to be reliable, Silverdale Capital makes no representations or warranties as to its completeness or accuracy. Any index references are for illustrative purposes only; direct investment in an index is not possible. Mentions of specific companies are for example purposes only and do not constitute a recommendation or opinion on their investment merits.
© 2025 Silverdale Capital Pte Ltd. All rights reserved.
Connecting the Dots.
Sign up to receive insights and analysis from Silverdale Funds
© 2025 Silverdale Capital Pte Ltd. All rights reserved. *Source: Silverdale Capital, as of 31 May 2025.
This material is distributed in Singapore by Silverdale Capital Pte Ltd (Company Registration No. 200820921K), which is licensed and regulated by the Monetary Authority of Singapore (MAS) under a Capital Markets Services Licence. This publication or website content has not been reviewed by the MAS.
All investments carry risk. Historical performance is not necessarily indicative of future returns. Forward-looking statements or projections are not guarantees and may not be realised. Any reliance on the information presented is at the discretion of the reader. Overseas investments may entail additional risks such as currency fluctuations, reduced market liquidity, weaker regulatory protections, and heightened political or economic instability. Fixed income securities may be affected by interest rate movements and credit events. As interest rates rise, bond prices typically decline. Credit risk arises if issuers are unable to meet interest or principal repayments.
This material is provided for general informational purposes only and does not constitute investment advice, research, an offer, or a solicitation to transact in any financial product. It does not take into account the specific investment objectives, financial situation, or particular needs of any individual. While the content is based on information believed to be reliable, Silverdale Capital makes no representations or warranties as to its completeness or accuracy. Any index references are for illustrative purposes only; direct investment in an index is not possible. Mentions of specific companies are for example purposes only and do not constitute a recommendation or opinion on their investment merits.
© 2025 Silverdale Capital Pte Ltd. All rights reserved.
Connecting the Dots.
Sign up to receive insights and analysis from Silverdale Funds
© 2025 Silverdale Capital Pte Ltd. All rights reserved. *Source: Silverdale Capital, as of 31 May 2025.
This material is distributed in Singapore by Silverdale Capital Pte Ltd (Company Registration No. 200820921K), which is licensed and regulated by the Monetary Authority of Singapore (MAS) under a Capital Markets Services Licence. This publication or website content has not been reviewed by the MAS.
All investments carry risk. Historical performance is not necessarily indicative of future returns. Forward-looking statements or projections are not guarantees and may not be realised. Any reliance on the information presented is at the discretion of the reader. Overseas investments may entail additional risks such as currency fluctuations, reduced market liquidity, weaker regulatory protections, and heightened political or economic instability. Fixed income securities may be affected by interest rate movements and credit events. As interest rates rise, bond prices typically decline. Credit risk arises if issuers are unable to meet interest or principal repayments.
This material is provided for general informational purposes only and does not constitute investment advice, research, an offer, or a solicitation to transact in any financial product. It does not take into account the specific investment objectives, financial situation, or particular needs of any individual. While the content is based on information believed to be reliable, Silverdale Capital makes no representations or warranties as to its completeness or accuracy. Any index references are for illustrative purposes only; direct investment in an index is not possible. Mentions of specific companies are for example purposes only and do not constitute a recommendation or opinion on their investment merits.
© 2025 Silverdale Capital Pte Ltd. All rights reserved.
Connecting the Dots.
Sign up to receive insights and analysis from Silverdale Funds
© 2025 Silverdale Capital Pte Ltd. All rights reserved. *Source: Silverdale Capital, as of 31 May 2025.
This material is distributed in Singapore by Silverdale Capital Pte Ltd (Company Registration No. 200820921K), which is licensed and regulated by the Monetary Authority of Singapore (MAS) under a Capital Markets Services Licence. This publication or website content has not been reviewed by the MAS.
All investments carry risk. Historical performance is not necessarily indicative of future returns. Forward-looking statements or projections are not guarantees and may not be realised. Any reliance on the information presented is at the discretion of the reader. Overseas investments may entail additional risks such as currency fluctuations, reduced market liquidity, weaker regulatory protections, and heightened political or economic instability. Fixed income securities may be affected by interest rate movements and credit events. As interest rates rise, bond prices typically decline. Credit risk arises if issuers are unable to meet interest or principal repayments.
This material is provided for general informational purposes only and does not constitute investment advice, research, an offer, or a solicitation to transact in any financial product. It does not take into account the specific investment objectives, financial situation, or particular needs of any individual. While the content is based on information believed to be reliable, Silverdale Capital makes no representations or warranties as to its completeness or accuracy. Any index references are for illustrative purposes only; direct investment in an index is not possible. Mentions of specific companies are for example purposes only and do not constitute a recommendation or opinion on their investment merits.
© 2025 Silverdale Capital Pte Ltd. All rights reserved.