ICH Asset Management (ICHAM) has unveiled the ICHAM Defined Growth Fund, Asia’s first open-ended fund dedicated to autocall structured products. Exclusively available to accredited and institutional investors, the fund aims to deliver annualised returns of 9-10% in US dollars. It combines the benefits of structured products with the flexibility of a Singapore Variable Capital Company (VCC) subfund, offering a transparent fee structure and monthly liquidity.
The fund seeks to enhance diversified equity portfolios by providing capital growth with lower volatility compared to global public equities. “Our fund addresses a significant gap in the market by providing accredited and institutional investors with access to a professionally managed portfolio of autocall structured products,” said Archan Chamapun, CEO of ICHAM. The fund’s structure reinvests coupons and proceeds from matured investments, available in both US dollar and Singapore dollar-hedged share classes.
Felix Chew, lead portfolio manager, highlighted the fund’s strategy of using index-linked structured notes to diversify equity and counterparty risks. This approach aims to transform structured products from opportunistic investments into scalable long-term solutions. The fund employs a systematic investment framework, focusing on capital preservation and competitive pricing.
The ICHAM Defined Growth Fund offers compelling cost savings through its transparent fee structure, eliminating high and opaque transaction fees typical of private banking offerings. Financial advisers can benefit from the fund’s single-ticket solution, simplifying portfolio management for clients. Investors can subscribe to the fund through ADDX, a digital platform regulated by the Monetary Authority of Singapore.
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