July 2012 United Asian Bond Fund - Class SGD

Transcription

1 United Asian Bond Fund - Class SGD The Fund seeks to provide stable current income and capital appreciation by investing in highyielding debt securities issued by Asian corporations, financial institutions, governments and their agencies (including money market instruments). IOL Investment Berhad 4.3% 27/6/22 Winsway Coking Coal Hold 8.5% 8/4/16 HLP Finance Ltd 4.7% 25/6/22 Westpac Capital Trst III 5.8% 29/12/49 Franshion Development Ltd 6.7% 15/4/21 of Class SGD 5th April 00 To 29th June 12, Based in /00 06/02 06/04 06/06 ^ month end of the Fund. ^3% sales charge applied % Financials 47.79% Energy 16.10% Consumer Staples 8.87% Utilities 4.63% Materials 3.83% Industrials 3.10% Others 7.53% Cash 8.15% Perf ^ BM 1 month 2.23% -0.84% 0.45% 3 months 4.22% 1.09% 3.37% 6 months 7.62% 4.39% 4.22% 1 year 13.06% 9.65% 11.31% 3 years 11.24% 10.03% 5.97% 5 years 6.28% 5.56% 4.11% 10 years 5.04% 4.67% 4.23% Since Incept 6.68% 6.36% 6.24% Company of class SGD as at 29 Jun 12, SGD basis, with dividends and distributions reinvested, if any. figures for 1 mth till 1 yr show the % change, while those exceeding 1 yr show the average annual (BM) : Apr 00 - Jul 03 : JP Morgan Emerging Mkts Bond Index Global Constrained Asia; Aug 03 - Dec 06 : JP Morgan Asia Bond Total Return Composite; Jan 07 - Present : JP Morgan Asia Credit Index Total Return Composite. March 2000 UNIT CLASS Class SGD S$77.18 million PRICE S$1.878 Hong Kong 26.34% China 14.84% Australia 9.92% Indonesia 9.68% Singapore 6.47% United States 6.08% Others 18.52% Cash 8.15% 06/08 06/10 Cash & SRS 1.00% p.a. FEE 3% (Cash,SRS) BNP Paribas Trust SG OUBASIB SP The Edge-Lipper SG UT 12, 11, 10, 03 SG Inv. 02 SG Inv. 01 SG Inv. 00 SECOND HALF 2012 FUND FOCUS 57

2 United Emerging Markets Bond Fund The investment objective of the Fund is to maximise returns with high yield and capital appreciation over the longer term in emerging markets debt investments and products. Sistema Intl Funding SA 6.9% 17/5/19 Republic of Turkey 7.2% 5/3/38 MAF Global Securities 5.2% 5/7/19 Banco Do Brasil (Cayman) 9.2% 15/10/49 OGX Petroleo e Gas Parti 8.5% 1/6/18 20th August 01 To 29th June 12, Based in /03 02/05 12/06 ^ 10/08 08/10 month end of the Fund. ^5% sales charge applied. (BM) : JP Morgan EMBI Global Div Index. Brazil 12.42% Mexico 7.82% Russia 7.21% Indonesia 6.23% Turkey 4.39% Peru 3.31% Others 51.72% Cash 6.90% % Government 29.40% Financials 24.06% Energy 19.21% Consumer Discretionary 4.65% Consumer Staples 3.40% Industrials 3.38% Others 9.00% Cash 6.90% Perf ^ BM 1 month 1.05% -4.02% 1.75% 3 months 1.83% -3.33% 3.53% 6 months 5.55% 0.13% 4.66% 1 year 4.83% -0.68% 13.27% 3 years 9.08% 6.86% 8.22% 5 years 6.53% 5.15% 5.13% 10 years 9.45% 8.62% 7.48% Since Incept 9.95% 9.17% 7.46% Jun 12, SGD basis, with dividends and distributions reinvested, if any. yr show the % change, while those exceeding 1 yr show the average annual July 2001 S$ million PRICE S$1.434 # Cash & SRS 1.75% p.a. FEE 5% (Cash,SRS) SG UOBGEMS SP #The fund had a 4-for-3 unit split on 25th July The Edge-Lipper SG UT 12, 09, FUND FOCUS SECOND HALF 2012

3 United Global Bond Fund (S$) The investment objective of the Fund is to maximize returns over the longer term by investing mainly in sovereign bonds rated "A" by Standard & Poor's or "A2" by Moody's or its equivalent rating and above. US Treasury Note 1.5% 30/6/16 US Treasury Note 2% 31/1/16 Australian Govt Bond 4.7% 15/6/16 S'pore Govt Bond 2.5% 1/6/19 EFSF 3.3% 5/7/21 United States 23.24% Australia 12.41% Italy 11.15% Germany 10.21% Singapore 8.26% France 7.08% Others 16.09% Cash 11.56% % Government 83.45% Financials 4.99% Cash 11.56% September 1998 S$1.10 million PRICE S$1.068 Cash & SRS 0.50% p.a. FEE 2% (Cash,SRS) SG UOBGLSI SP 9th November 98 To 29th June 12, Based in Perf ^ BM 1 month -2.02% -3.98% -2.04% months 1.14% -0.89% 2.36% 6 months -3.78% -5.71% -1.93% 1 year 3.79% 1.71% 7.09% 3 years -0.37% -1.04% 1.50% 5 years 1.45% 1.04% 3.94% years 1.60% 1.36% 3.14% Since Incept 1.51% 1.33% 3.50% 50 12/98 03/01 06/03 09/05 12/07 03/10 Jun 12, SGD basis, with dividends ^ and distributions reinvested, if any. yr show the % change, while those month end of the Fund. ^2% sales charge applied exceeding 1 yr show the average annual (BM) : Citi G7 Gov Bond. SG Inv. 02 SECOND HALF 2012 FUND FOCUS 59

4 United International Bond Fund The investment objective of the Fund is to achieve capital preservation and regular income through investment primarily in global bonds and money market instruments issued by the government, statutory bodies or other public or private entities of Singapore and by sovereign states or governments or corporations or government-related bodies in both developed and emerging markets around the world, although the Managers may also invest the assets of the Fund in shares, stocks, bonds, debentures, debenture stocks, loans, loan stocks, warrants or any other security selected by them. There is no target industry/sector. Yancoal Intl Res Dev 5.7% 16/5/22 Morgan Stanley 4.7% 22/3/17 Paladin Energy Ltd CB 6% 30/4/17 Enercoal Resources Pte Cb 9.2% 5/8/14 Societe Generale 9.3% 29/9/49 Hong Kong 21.62% Singapore 16.24% Australia 12.83% Brazil 9.32% Venezuela 8.20% United States 6.62% Others 22.42% Cash 2.75% % Financials 44.22% Energy 37.88% Government 6.36% Consumer Discretionary 6.19% Materials 1.85% Industrials 0.75% Cash 2.75% April 1995 S$33.92 million PRICE S$0.963 Cash & SRS 0.50% p.a. FEE 2% (Cash,SRS) SG UOBUIBI SP 29th September 95 To 29th June 12, Based Perf ^ in 1 month -0.87% 1.16% 3 months -3.50% -1.53% 6 months 7.31% 9.66% 1 year -5.92% -3.86% years 1.89% 2.66% 5 years 0.17% 0.63% years 2.07% 2.34% Since Incept 1.51% 1.70% 60 04/98 02/01 12/03 10/06 08/09 Jun 12, SGD basis, with dividends ^ and distributions reinvested, if any. yr show the % change, while those month end of the Fund. ^2% sales charge applied exceeding 1 yr show the average annual SG S&P Inv. Funds Awards FUND FOCUS SECOND HALF 2012

5 United Renminbi Bond Fund The investment objective of the fund is to generate fixed income returns and benefit from the potential appreciation of the Renminbi over the medium term. The fund will currently invest primarily in Renminbi ("RMB") denominated debt securities ("RMB Debt Instruments") issued or distributed outside mainland China. The issuers of such securities include, but are not limited to, governments, quasi-government bodies, international and multinational organisations, banks and financial institutions, and corporations. Lanxess Finance BV 3.9% 16/2/15 Veolia Environnement 4.5% 28/6/17 Global Logistic Properties 4% 11/5/18 Korea Development Bank 3.3% 21/6/15 Yancoal Intl Res Dev 5.7% 16/5/22 of Class SGD 3rd May 11 To 29th June 12, Based in /11 10/11 ^ month end of the Fund. ^3% sales charge applied. (BM): 1-year CNH deposit rate Hong Kong 22.65% Netherlands 11.19% France 9.48% Singapore 8.43% New Zealand 6.86% Korea 5.22% Others 26.02% Cash 10.15% Financials 43.17% Materials 10.44% Energy 8.52% Consumer Staples 7.55% Utilities 6.90% Government Agency 5.22% Others 8.05% Cash 10.15% 02/12 Perf ^ BM 1 month 1.03% -2.00% -1.40% 3 months 3.34% 0.24% 0.34% 6 months 7.98% 4.74% -1.97% 1 year 9.50% 6.22% 6.09% Since Incept 7.31% 4.52% 5.55% Company, Bloomberg of Class SGD as at 29 Jun 12, SGD basis, with dividends and distributions reinvested, if any. figures for 1 mth till 1 yr show the % change, while those exceeding 1 yr show the average annual March 2011 UNIT CLASS Class SGD Class USD S$22.84 M PRICE Class SGD Class USD S$1.083 US$1.054 (As at 29 Jun 12) Class SGD Cash Class USD Cash Class SGD S$5,000 Class USD US$5,000 Class SGD Class USD U Class SGD 1.00% p.a. Class USD 1.00% p.a. FEE Class SGD 3% (Cash,SRS) Class USD 3% (Cash) Class SGD SG Class USD SG Class SGD UOBURBS SP Class USD UOBURBU SP Please refer to last page for disclaimers SECOND HALF 2012 FUND FOCUS 61

6 United Renminbi Bond Fund of Class USD 3rd May 11 To 29th June 12, Based in US Dollar. 120 Indexed Performanc /11 10/11 ^ month end of the Fund. ^3% sales charge applied. (BM): 1-year CNH deposit rate 02/12 Perf ^ BM 1 month 2.83% -0.26% 0.30% 3 months 2.53% -0.55% -0.41% 6 months 10.48% 7.17% 0.34% 1 year 6.14% 2.96% 2.81% Since Incept 4.37% 1.67% 2.59% Company, Bloomberg of Class USD as at 29 Jun 12, USD basis, with dividends and distributions reinvested, if any. figures for 1 mth till 1 yr show the % change, while those exceeding 1 yr show the average annual The base currency of the Fund is the SGD. Investors should consider carefully whether to subscribe for units in Class SGD (denominated in SGD)or Class USD (denominated in USD). The difference in the performances of the Fund in USD and SGD terms is a reflection of fluctuating exchange rates during the relevant period. A prospectus for the fund(s) (the "Fund(s)") may be obtained from the Manager or any of its appointed distributors. Investors should read the prospectus before deciding whether to subscribe for or purchase units in the Fund(s) ("Units"). All applications for Units must be made on application forms accompanying the prospectus or otherwise as described in the prospectus. Past performance of the Fund(s) or the Manager (whether in USD or SGD terms) and any prediction, projection or forecast on the economy or markets are not necessarily indicative of the future or likely performance of the Fund(s) or the Manager. Any extraordinary performance may be due to exceptional circumstances which may not be sustainable. The value of Units and any income from the Fund(s) may fall as well as rise. The above information is strictly for general information only and must not be construed as an offer or solicitation to deal in Units, nor a recommendation to invest in any company mentioned herein. Investments in unit trusts are not obligations of, deposits in, or guaranteed or insured by UOB, UOBAM, or any affiliates or distributors. The Fund may use or invest in financial derivative instruments and you should be aware of the risks associated with investments in financial derivative instruments which are described in the Fund's prospectus. An investment in unit trusts is subject to investment risks and foreign exchange risks, including the possible loss of the principal amount invested. Investors may wish to seek advice from a financial adviser before making a commitment to invest in Units. In the event an investor chooses not to seek advice from a financial adviser, the investor should consider carefully whether the Fund(s) is/are suitable for him. 62 FUND FOCUS SECOND HALF 2012

7 United SGD Fund - Class A The investment focus of the Fund is to invest substantially all its assets in money market and short term interest bearing debt instruments and bank deposits with the objective of achieving a yield enhancement over Singapore dollar deposits. Westpac Capital Trst III 5.8% 29/12/49 CMHI Finance (BVI) Co 6.1% 18/6/13 Street Square Pte Ltd 3.0% 5/5/14 Overseas Union Enter Ltd 4.3% 15/4/14 Savu Investments Ltd 3.8% 17/1/14 19th June 98 To 29th June 12, Based in / /00 02/03 06/05 ^ month end of the Fund. ^2% sales charge applied. (BM) : 6-month SIBID rate. 10/07 02/10 Singapore 34.77% United States 12.89% UK 8.16% China 7.60% Australia 7.25% Korea 6.64% Others 14.45% Cash 8.24% % Financials 61.44% Industrials 16.86% Consumer Discretionary 6.56% Telecommunication Services 3.09% Energy 2.21% Utilities 1.60% Cash 8.24% Perf ^ BM 1 month 0.52% -1.49% 0.01% 3 months 0.72% -1.29% 0.05% 6 months 3.30% 1.24% 0.09% 1 year 2.00% -0.04% 0.19% 3 years 5.35% 4.65% 0.27% 5 years 4.42% 4.00% 0.68% 10 years 3.22% 3.00% 1.17% Since Incept 3.21% 3.06% 1.46% Jun 12, SGD basis, with dividends and distributions reinvested, if any. yr show the % change, while those exceeding 1 yr show the average annual May 1998 S$ million PRICE S$1.533 Cash,CPF-OA,SA&SRS 0.50% p.a. FEE 2% (Cash,SRS) 2% (CPF-OA,SA) BNP Paribas Trust SG OUBGPCI SP The Edge-Lipper SG Fund Awards 11, 10 SG Inv. 01 SG Inv. 00 SECOND HALF 2012 FUND FOCUS 63

8 United Singapore Bond Fund July 2012 The investment objective of the Fund is to maximise returns over the longer term by investing mainly in SGD-denominated bonds and/or foreign currency-denominated bonds and fixed income/debt securities of all maturities issued in Singapore by the government, statutory bodies, public and private entities, SGD-denominated and/or foreign-currency denominated money market instruments, bond funds and/or time deposits in accordance with the CPF Investment Guidelines. S'pore Govt Bond 3% 1/9/24 S'pore Govt Bond 3.2% 1/9/20 S'pore Govt Bond 3.5% 1/3/27 S'pore Govt Bond 2.5% 1/6/19 S'pore Govt Bond 3.1% 1/9/22 26th November 04 To 29th June 12, Based in 120 Singapore 92.29% Cash 7.71% % Government 44.16% Financials 24.09% Industrials 14.27% Government Agency 7.00% Consumer Discretionary 1.15% Telecommunication Services 0.96% Utilities 0.66% Cash 7.71% Perf ^ BM 1 month 0.16% -1.84% 0.39% 3 months 1.62% -0.42% 1.45% 6 months 2.11% 0.07% 2.10% 1 year 6.16% 4.04% 5.69% 3 years 6.45% 5.73% 4.09% 5 years 4.06% 3.64% 4.30% Since Incept 3.27% 3.00% 3.71% 90 12/04 03/06 06/07 09/08 12/09 03/11 Jun 12, SGD basis, with dividends ^ and distributions reinvested, if any. yr show the % change, while those month end of the Fund. ^2% sales charge applied. exceeding 1 yr show the average annual (BM) : Singapore Government Bond Index All UOB November 2004 S$87.75 million PRICE S$1.258 Cash, CPF-OA,SA & SRS 0.50% p.a. FEE 2% (Cash,SRS) 2% (CPF-OA,SA) SG UOBGLSB SP The Edge-Lipper SG UT 12 r ead the prospectus before deciding whether to subscribe for or purchase units in the Fund(s) ("Units"). All applications for Units must 64 FUND FOCUS SECOND HALF 2012