New Schroders fund to capture opportunities in emerging markets

Albert Tse, South-east Asian head of intermediary distribution at Schroders.
Albert Tse, South-east Asian head of intermediary distribution at Schroders. PHOTO: ST FILE

SINGAPORE - Schroders Singapore has launched a new fund that will aim to capture investment opportunities in some of the fastest growing economies in the world, which can provide sustainable income and capital growth.

The Schroder ISF Emerging Multi-Asset Income fund will invest in a diversified range of asset classes in emerging markets, and aim to achieve a target payout of 5 per cent per annum for investors, the company said in a release issued on Monday.

The asset classes will primarily comprise equities, local currency government bonds, US dollar government bonds and corporate bonds.

"We continue to see a growing demand from investors in Singapore for sustainable income, yet without sacrificing growth potential at the same time," said Mr Albert Tse, head of intermediary business in Schroder's south east Asia region. "We are introducing the Schroder ISF fund - a complementary addition to our multi-asset income solutions range - in Singapore to answer this need."

The fund is currently available to Singapore investors through HSBC, with more distributors expected to be on board over the next few months. It carries up to 5 per cent initial charge and a management fee of 1.25 per cent per annum. It offers accumulation and distribution share classes, giving investors options to either reinvest the distributions or receive regular monthly payouts.