Fullerton Fund Management has introduced the Fullerton Singapore Value-Up, the first retail fund launched under the Equity Market Development Programme (EQDP). This initiative follows Fullerton’s appointment by the Monetary Authority of Singapore as one of the initial asset managers under the EQDP, announced in July.
The fund focuses exclusively on Singapore-listed securities, spanning large, mid, and small-cap stocks, as well as initial public offerings (IPOs) and secondary listings. It aims to outperform the FTSE Straits Times All-Share Total Return Index through active management of a high-conviction portfolio of 20 to 40 stocks. The strategy is designed to identify and engage with companies undergoing transformative changes to unlock shareholder value through actions like restructuring and share buybacks.
Fullerton’s approach leverages its local expertise and deep understanding of Singapore equities, aiming to capitalise on the country’s robust economic growth and stable currency. The fund’s flexible mandate allows investments across various market capitalisation tiers, with sector allocations guided by market trends, including financials, real estate, and industrials.
Ng Yao Loong, Head of Equities at SGX Group, highlighted the fund’s potential to attract greater portfolio allocation into Singapore-listed stocks, enhancing market visibility and value creation. James Tan, Group Head of Investment Products and Advisory at DBS Bank, noted the fund’s role in making investing more accessible to retail investors, aligning with DBS’s goal to diversify investment portfolios.
Fullerton Singapore Value-Up is available as a Collective Investment Scheme to retail, accredited, and institutional investors in Singapore and other markets. The fund underscores Fullerton’s commitment to Singapore equities and long-term capital appreciation for investors.
