Fundsupermart.com
Licensed dealer and Financial Adviser   CPFIS Registered Investment Administrator
  • Home
  • Research & Insights
  • Recommended Funds

About the Recommended Funds

With the huge array of funds available on the platform, the FSM Recommended Funds Report serves as a starting point for investors. The careful study of fund factsheets, prospectus and semi-annual/annual reports are essential reading for investors who are determined to take a more active role in selecting funds for their portfolio. Choosing the right fund to invest in is only one part of the investment process; a suitable asset allocation and the desired exposure to individual markets are critical considerations for a successful investment.


WHY WE RECOMMEND THESE FUNDS

Fund payment mode:
C - Cash, O - CPFIS-OA, S - CPFIS-SA.



Core portfolio

Core Equity - Asia Ex Japan

First State Asian Growth Fund (C,O) (Risk Rating 8)

  • A consistent performer with a strong track record, aided by the fund’s defensive nature
  • Tends to outperform in “down” markets, but underperform in strong market upswings
  • Suitable for investors seeking a more defensive approach when investing in the Asia ex-Japan market

Schroder Asian Growth Fund (C,O) (Risk Rating 8)

  • A strong outperformer, emphasising active management and bottom-up stock picking
  • Fairly low expense ratio due to modest annual management fees
  • Fund may appeal to cost-conscious investors who are also looking for a good long-term track record

Core Equity - Asia Pacific Ex Japan

First State Dividend Advantage (C,O) (Risk Rating 8)

  • Focuses on higher-quality companies, primarily those with higher dividend yields; often viewed as a more defensive segment of the equity market
  • Resilient performer, scored highest in terms of risk management
  • Strong long-term track record, suitable for investors seeking a more defensive Asia Pacific ex-Japan equity fund

Core Equity - Europe

Allianz Eur Equity Gth Cl AT Acc EUR (C) (Risk Rating 8)

  • Strongest performer in its category by far, while also demonstrating good resilience
  • Benchmark-agnostic, fairly high-conviction approach with a focus on “structural growth” companies
  • Consistency and strength of returns would appeal to investors

Threadneedle (Lux) Pan Euro Sm Cap Opp AE EUR (C) (Risk Rating 8)

  • Provides fairly -diversified small-cap European equity exposure
  • Fundamental bottom-up stock-picking approach, which has seen the fund deliver strong outperformance over its benchmark
  • Suitable as a complement to existing large-cap European equity exposure within the portfolio, which can provide an additional driver of overall returns

Core Equity - Global

Aberdeen Global Opportunities (C,O) (Risk Rating 7)

  • Strong, consistent performer
  • High conviction, benchmark-agnostic approach, with a focus on “buying good quality stocks at a reasonable price and holding for the long term”
  • Fund’s strong track record and resilience will appeal to investors; consistent investment approach is also a plus

Core Equity - Global Emerging Markets

JPM Emerging Markets Opp A (Acc) USD (C) (Risk Rating 9)

  • New addition to the platform, but strategy goes back all the way to 1990
  • Opportunistic, value-oriented high-conviction nature means portfolio tends to positioned more aggressively; fund tends to outperform in strong market conditions, but has underperformed in “down” markets
  • Not the most resilient, although suitable for investors seeking a more aggressive approach when investing in the global emerging markets

Core Equity - Japan

Aberdeen Japan Equity (C) (Risk Rating 8)

  • Only fund in the category to deliver a positive return over five years (as of end March 2013)
  • High conviction, benchmark-agnostic approach, with a focus on “buying good quality stocks at a reasonable price and holding for the long term”
  • Will appeal to investors who are fans of active management, and are happy to align their investment horizon with that of the manager

LionGlobal Japan Growth Fund (C,O) (Risk Rating 8)

  • Focuses on mid- to small-capitalisation Japanese companies
  • Growth-oriented, highly diversified; the fund usually avoids 30 largest companies (by market capitalisation) at the point of investment
  • Suitable for investors seeking to exploit inefficiencies in the Japanese equity market via an actively-managed strategy; can complement existing large-cap Japanese equity exposure

Core Equity - US

Fidelity America A USD (C,O) (Risk Rating 8)

  • Consistent performer, provides fairly diversified exposure to US equities
  • Managed fairly closely against the benchmark, the S&P 500
  • Will appeal to investors who are more benchmark-aware, but want the benefit of active management

ING (L) Inv US High Div P USD (C) (Risk Rating 8)

  • Dividend-focused strategy investing in US equities
  • Resilient nature, aided by a value-oriented approach as well as the strategy’s focus on higher-dividend stocks
  • Suitable for investors who prefer a more defensive US equity strategy, or expect a dividend-focused approach to outperform the broader market

Legg Mason Royce US Sm Cap Opp A USD (C) (Risk Rating 10)

  • Micro- and small-cap focus; companies selected tend to be below USD2.5 billion
  • Highly diversified, value-biased approach; individual stock positions are kept below 1% of the overall portfolio
  • Strong track record; suitable as a complement to existing large-cap US equity exposure

Bonds - Asia

Legg Mason WA Asian Opp A SGD Hedge (qdis) plus (C) (Risk Rating 4)

  • Offers exposure to local currency Asian bonds
  • Mostly invested in government bonds; bonds in the portfolio tends to be mostly investment-grade
  • Strategy is managed from a USD-perspective, but fund class is SGD-hedged
  • Recommended for investors who want exposure to Asian local currency bonds, and want to benefit from the potential appreciation of Asian currencies vis-à-vis the USD

United Asian Bond Fund Class SGD (C) (Risk Rating 4)

  • Asian debt exposure, invested in both corporate and sovereign debt, with the flexibility to invest in local currency bonds
  • Unrestricted mandate means the fund can invest in high yield securities; currency risks are actively managed
  • Managed from an SGD-perspective; managers attempt to maximise returns in SGD terms
  • Recommended for diversified exposure to Asian bonds

Bonds - Global

Horizon Global Bond SGD-H (C) (Risk Rating 3)

  • Investment-grade focused fund, providing exposure to global bonds
  • Multi-manager approach offers exposure to a diversified portfolio of different manager styles and strategies
  • SGD-hedged; recommended for investors seeking a diversified global bond offering with a focus on higher-quality bonds

Legg Mason WAM GMS A-DIS-Q SGD H (C) (Risk Rating 4)

  • Actively-managed bond allocation across a spectrum of low-risk (government bonds) to higher-risk (high yield) securities
  • Strategy is managed from a USD-perspective, but SGD-hedge class reduces risk of USD fluctuations against the SGD
  • Recommended for investors who want a generic global bond fund which offers exposure to various bond classes within a single fund

LionGlobal Short Duration Bond Fund (C,O,S) (Risk Rating 2)

  • Previously the known as the “LionGlobal Bond Fund”, the change in name and mandate reflects a conscious shift towards a more defensive (lower duration) positioning
  • Focuses on higher-quality global bonds with a tilt towards the domestic market, although not as highly-diversified as most global bond funds
  • Managed from an SGD-perspective; the majority of securities held by the fund are SGD-denominated
  • Recommended for investors seeking a lower-risk Singapore-centric bond fund with the flexibility to invest globally

Bonds - Global Emerging Markets

United Emerging Markets Bond Fund (C) (Risk Rating 5)

  • Offers exposure to emerging market bonds, managed with a fairly flexible mandate
  • Can have exposure to both sovereign and corporate debt, as well as lower-quality bonds
  • Recommended owing to its strong track record and resilient nature; fund is managed from an SGD-perspective

Bonds - High Yield (Asia)

Fidelity Asian HY AMDIST SGD Hedged (C) (Risk Rating 5)

  • Provides exposure to Asian high yield bonds; largely invested in corporate bonds
  • Will be primarily invested in non-investment grade (lower quality) bonds, which entails higher risk
  • Managed from a USD-perspective, but SGD-hedged class reduces risk of fluctuations of the USD against the SGD
  • Recommended for investors looking for exposure to a high-risk high-return segment of the fixed income market

Bonds - High Yield (Global)

Legg Mason WA Global HY Fd A SGD H (qdis) plus (C) (Risk Rating 4)

  • Invested in global high yield bonds; primarily in corporate debt, but also has some emerging market exposure
  • More globally-diversified in exposure compared to some of its peers; highly-diversified across individual issuers
  • Managed from a USD-perspective, although SGD-hedged class reduces fluctuations between the USD and SGD
  • Recommended for exposure to the global high yield space which tends to offer higher yields, although with higher credit risk

Bonds - High Yield (US)

Threadneedle (Lux) US$ High Inc Bd ASH SGD (C) (Risk Rating 4)

  • Primarily invested in US high yield corporate bonds; diversified across a fairly large number of issuers
  • Focuses on credit selection, manager prefers independent ratings on securities
  • Strategy managed from a USD-perspective, but SGD-hedged to minimise fluctuations of the USD against the SGD
  • Recommended for investors seeking more dedicated exposure to the US high yield bond market

Bonds - Money Market & Short Duration

Nikko AM Shenton ShortTerm Bond(S$) (C,O) (Risk Rating 1)

  • Invests in short duration instruments like short-term bonds and money market instruments
  • Fairly diversified across issuers and countries, while being managed from an SGD-perspective
  • “Same day” transactional feature makes the fund a useful parking tool
  • Recommended for investors seeking a reasonable level of yield but want to avoid taking on excessive interest rate risk

Bonds - Singapore-Centric

United SGD Fund Cl A Acc (C,O,S) (Risk Rating 2)

  • Seeks to beat SGD deposit rates; provides higher yields compared to most money market funds
  • Fairly high-conviction portfolio; the fund can hold longer-maturity securities which the manager expects to be called within 3 years;
  • Managed from an SGD-perspective; manager tends to adopt a passive currency hedge for non-SGD denominated securities
  • Recommended for investors who are seeking a reasonable level of yield but want to avoid taking on excessive interest rate risk

Supplementary portfolio

Sub Regional Equity - BRIC

Schroder BRIC Fund (C) (Risk Rating 9)

  • Strong track record with category leading risk management
  • Concentrated portfolio approach for high conviction ideas
  • Suitable for investors seeking a BRIC-focused emerging market equity fund which has delivered consistent returns with good risk management during weak market environments

Sub Regional Equity - EEMEA

Fidelity EmEur MidEast & Africa A USD (C) (Risk Rating 9)

  • Top performing fund over all cumulative periods, sole fund with positive returns
  • Manager has demonstrated willingness to take off benchmark positions
  • May be used in conjunction with other regional/sub-regional equity funds for more diversified exposure to global emerging market equities

Sub Regional Equity - Emerging Europe

Schroder ISF Em Eur A Acc EUR (C) (Risk Rating 9)

  • Top performing fund over all cumulative periods
  • Strong risk management capabilities
  • Suitable for investors seeking more targeted exposure to the Emerging Europe sub-region, or prefer a more diversified approach to investing in Russian equities

Sub Regional Equity - Greater China

First State Regional China Fund (C,O) (Risk Rating 8)

  • Ranked first on both risk management and performance measures; defensive nature has aided returns
  • Proprietary bottom-up approach to exploit market inefficiencies has reaped rewards
  • Fund will appeal to investors seeking strong, consistent long-term performance when investing in the Greater China region

Sub Regional Equity - Latin America

Fidelity Latin America A USD (C) (Risk Rating 9)

  • Top performing fund across all cumulative periods, sole fund with positive returns over cumulative five year period
  • Suitable for those who seek a strong active returns when investing in the Latin America regional equity market
  • May be used in conjunction with other regional/sub-regional equity funds for more diversified/diversified exposure to global emerging market equities

Country Equity - Australia

LionGlobal Australia SGD (C) (Risk Rating 9)

  • Outperformed category peers and benchmark over five years
  • High conviction approach, relatively concentrated portfolio
  • Provides exposure to some of the largest global financial companies; limit exposure to supplementary portion of the portfolio

Country Equity - China

Aberdeen China Opportunities (C,O) (Risk Rating 9)

  • Top performing fund over cumulative five year period, sole fund with positive returns
  • Strong risk management capabilities
  • Benchmark affords a larger investible universe, provides coverage of Hong Kong listed companies

Country Equity - India

Aberdeen India Opportunities (C,O) (Risk Rating 9)

  • Top performing fund over cumulative five year period, sole fund with positive returns in category
  • Strong risk management capabilities
  • Suitable for those who seek a strong active returns when investing in the Indian equity market

Country Equity - Indonesia

Aberdeen Indonesia Equity (C,O) (Risk Rating 9)

  • Concentrated, high-conviction approach, without sacrificing risk management
  • Strong active positioning evidence of benchmark agnostic approach
  • Suitable for those who seek a strong active returns when investing in the Indonesian equity market

Country Equity - Malaysia

Aberdeen Malaysian Equity (C,O) (Risk Rating 9)

  • Top performing fund across all cumulative periods
  • Strong active positioning evidence of benchmark agnostic approach
  • Suitable for those who seek a strong active returns when investing in the Malaysian equity market

Country Equity - Russia

Parvest Eq Russia EUR (C) (Risk Rating 9)

  • Top performing fund for cumulative three-to-five year periods
  • Provides exposure to volatile energy and material sector
  • Russian equities have tended to be fairly volatile; less aggressive investors could look towards a more diversified Emerging Europe equity fund

Country Equity - Singapore

Nikko AM Shenton HIF Singapore Div Eqty (C) (Risk Rating 8)

  • High conviction approach to dividend investing
  • Ability to invest up to 30% of its portfolio overseas for yield enhancement and sector diversification
  • Suitable for investors seeking dividend-focused Singapore equity fund

Country Equity - South Korea

JPMorgan Korea Equity Fund USD A (Acc) (C) (Risk Rating 9)

  • Longer-term outperformance of peers and benchmark
  • High conviction, “value contrarian” investment approach
  • Patience required due to fund’s long-term “mean-reversion” approach

Country Equity - Taiwan

HGIF Taiwan Eqty SGD Cl AD (C) (Risk Rating 9)

  • Active, “contrarian” investment approach
  • Benchmark awareness, targeted low tracking error should not see returns deviate excessively from the benchmark
  • Suitable for more targeted exposure to Taiwan equities, as opposed to a more diversified Greater China fund

Country Equity - Thailand

Fidelity Thailand A USD (C) (Risk Rating 9)

  • Value oriented, bottom up approach focused on mid to large cap stocks
  • Manager is benchmark aware, fund managed fairly closely against the benchmark
  • Suitable for more targeted exposure to Thailand equities, as opposed to a more Asia ex Japan or South East Asian equity fund

Sector Equity - Global Financials

United Global Financials Fund (C) (Risk Rating 10)

  • A strong performer in a recovering sector
  • Not a low-risk fund, given the concentrated investment mandate and prevailing volatility in global financial stocks
  • Provides exposure to some of the largest global financial companies; limit exposure to supplementary portion of the portfolio

Sector Equity - Global Property

Henderson Glb Property Eq Fd (C,O) (Risk Rating 8)

  • Narrow focus, invests in global property companies and REITs
  • Outperformance of peers, despite muted returns for the sector
  • Largely exposed to US property companies, but also provides exposure to property companies in Asia and Europe

Sector Equity - Global Resources

First State Glb Resources (C,O) (Risk Rating 10)

  • Strong long-term performance
  • Higher volatility expected due to more concentrated investment mandate
  • Performance may have a strong positive correlation with commodity prices

Sector Equity - Global Technology

Henderson Global Technology (C,O) (Risk Rating 10)

  • Longer-term track record outperformed peers
  • Posted lowest risk measures amongst peers
  • Provides exposure to the global technology space, with a slant towards Tech companies in developed markets

CPFIS-SA

CPFIS-SA Approved - Asia Balanced

First State Bridge (C,O,S) (Risk Rating 6)

  • A consistent performer with a strong track record, aided by the fund’s defensive nature
  • Resilient in “down” markets, aided by allocation to fixed income
  • Suitable for investors seeking exposure to both Asian equities and investment grade fixed income

CPFIS-SA Approved - Global Balanced

Schroder Multi-Asset Revolution Cl A (C,O,S) (Risk Rating 6)

  • Best-performing in its category on various performance metrics; also consistently outperformed benchmark since fund restructured in 2006
  • Multi-Asset approach
  • May appeal to investors seeking a highly-diversified fund, with exposure to various asset classes
Switch to desktop view Switch to mobile view