GROW with Singlife, in partnership with Fullerton Fund Management, has launched the Fullerton Lux Funds – China Equities (Class A) SGD, offering investors a unique opportunity to tap into China’s dynamic growth market. This marks the third collaboration between the two firms, following previous successful fund launches in 2023 and 2024.
The fund aims to generate long-term capital appreciation by investing primarily in China A-Shares and stocks listed on the Hong Kong Stock Exchange. It employs a high-conviction, lower-volatility strategy, focusing on quality companies through a bottom-up approach. This strategy prioritises individual company fundamentals over market trends, providing exposure to sectors such as consumer goods, manufacturing, and communication services.
A key feature of the fund is its sub-adviser, Da Cheng International Asset Management, a renowned China investment specialist. Da Cheng brings deep expertise in China’s capital markets and regulatory environment, having managed numerous Social Security Pension Portfolios across Mainland China and overseas.
Tim Wong, Head of Product at GROW with Singlife, highlighted the fund’s potential to enhance portfolio diversification and align with their strategy of offering progressive investment options. Mark Yuen, Chief Business Development Officer at Fullerton, expressed confidence in the fund’s ability to deliver compelling financial outcomes for investors.
The initial public offering of the fund is open until 22 August 2025, priced at $7.40 (S$10.00) per unit, with a minimum investment of $148.00 (S$200.00). Investors can use cash or the Supplementary Retirement Scheme to invest, with trading commencing on 25 August 2025. The fund is currently available exclusively to GROW customers.
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