Funds Review. United Asian Bond Fund. Portfolios Factsheet. July Fund Objective

Transcription

1 United Asian Bond Fund The Fund seeks to provide stable current income and capital appreciation by investing in highyielding debt securities issued by Asian corporations, financial insitutions, governments and their agencies (including money market instruments). Temasek Financial 5.37% 23/11/39 Industrial Bank of Korea 7.12% 23/4/14 Rep of Indonesia 8.8% 23/4/14 Majapahit Hld 8% 7/8/19 Cosco Pacific Finance 5.87% 3/10/13 Indexed 5th April 00 To 30th June 10, Based in Singapore Dollar, Calculation Index Hong Kong 20.72% Korea 18.20% Singapore 17.24% Indonesia 13.00% Malaysia 12.70% India 4.19% Others 11.21% Cash 2.74% % Financials 45.56% Energy 11.10% Government 9.56% Utilities 8.06% Industrials 7.23% Government Agency 6.46% Others 9.29% Cash 2.74% Perf BM 1 month 1.18% -1.85% 1.14% 3 months -0.67% -3.65% 1.70% 6 months 3.90% 0.78% 4.90% 1 year 16.38% 12.75% 12.62% 3 years 4.66% 3.53% 5.00% 5 years 2.67% 1.95% 3.21% 10 years 6.26% 5.89% 6.85% Since Incept 6.28% 5.91% 6.92% 50 06/00 02/02 10/03 06/05 02/07 10/08 06/10 Jun 10, SGD basis, with dividends Benchmark and distributions reinvested, if any. *The above chart reflects performance from the first yr show the % change, while those month end of the Fund. ^3% sales charge applied exceeding 1 yr show the average annual Benchmark (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 S$45.72 million PRICE S$ % p.a. 3% (Cash,SRS) /quarter BNP Paribas Trust SG OUBASIB SP The Edge-Lipper SG UT 10, 03 SG Inv. 02 SG Inv. 01 SG Inv

2 United GEMs Investments (S$) 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. ING Bank 13.75% 24/6/14 Kazmunaigaz Finance 9.12% 2/7/18 Controladora Mabe 7.87% 28/10/19 Vedanta Resources 9.5% 18/7/18 Banco do Brasil (Cayman) 8.5% 29/10/49 Indexed 20th August 01 To 30th June 10, Based in Singapore Dollar, Calculation Index /02 06/04 12/05 Benchmark (BM) : JP Morgan EMBI Global Div Index. Netherlands 13.72% Indonesia 10.23% Brazil 8.28% Peru 6.93% Turkey 6.92% Mexico 6.49% Others 39.24% Cash 8.19% 0 % Financials 31.81% Government 21.84% Energy 12.44% Industrials 7.54% Utilities 5.91% Materials 5.39% Others 6.88% Cash 8.19% 06/07 12/08 06/10 Benchmark *The above chart reflects performance from the first month end of the Fund. ^5% sales charge applied. Perf BM 1 month 0.77% -4.27% 1.67% 3 months -2.37% -7.25% 1.10% 6 months 3.44% -1.73% 4.97% 1 year 15.97% 9.83% 14.25% 3 years 7.02% 4.99% 5.01% 5 years 6.17% 4.83% 4.11% Since Incept 10.91% 10.04% 7.94% Jun 10, 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$51.81 million PRICE S$1.442 # 1.75% p.a. 5% (Cash,SRS) /quarter RBC Dexia Trust SG UOBGEMS SP #The fund had a 4-for-3 unit split on 25th July The Edge-Lipper SG UT 09, 03 56

3 United Global Bond Fund SGD 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 2.12% 31/5/15 US Treasury 0.75% 31/5/12 Bundesrepublik 3.75% 4/1/17 Bundesschatzanweisungen 0.5% 15/6/12 Singapore Govt Bond 2.37% 1/4/17 United States 37.17% Germany 21.95% France 8.43% Italy 8.29% Singapore 7.59% UK 6.08% Others 4.61% Cash 5.88% 0 % Government 89.16% Financials 4.96% Cash 5.88% September 1998 S$2.34 million PRICE S$1.083 /quarter HSBC Institutional Trust SG UOBGLSI SP 9th November 98 To 30th June 10, Based in Perf BM Singapore Dollar, Calculation Index 1 month 1.59% -0.44% 2.01% months 1.59% -0.44% 2.18% 6 months 0.93% -1.09% 0.68% 1 year 0.28% -1.73% 1.40% 3 years 2.90% 2.22% 5.57% 5 years -0.49% -0.91% 1.49% years 2.75% 2.51% 3.98% Since Incept 1.89% 1.69% 3.84% 50 12/98 11/00 10/02 09/04 08/06 07/08 06/10 Jun 10, SGD basis, with dividends Benchmark and distributions reinvested, if any. *The above chart reflects performance from the first yr show the % change, while those month end of the Fund. ^2% sales charge applied exceeding 1 yr show the average annual Benchmark (BM) : Citi G7 Gov Bond. Indexed SG Inv

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. Ascendas Real Estate 4.75% 29/4/11 CapitaCommercial Trust 3.15% 24/1/11 Daimlerchrysler Canada Finance 5.75% 10/8/11 CapitaMall Trust 1% 2/7/13 Sunshine Assets 2.78% 11/2/11 29th September 95 To 30th June 10, Based in Singapore Dollar, Calculation Index Indexed /97 06/00 12/02 06/05 Singapore 36.96% United States 10.04% Supranationals 7.55% Malaysia 6.30% Korea 6.17% Canada 4.86% Others 19.77% Cash 8.35% 0 % Financials 31.16% Property Trusts 20.70% Supranationals 6.51% Special Purpose Entity 6.08% Consumers 5.17% Government Agency 4.99% Others 17.04% Cash 8.35% 12/07 06/10 *The above chart reflects performance from the first month end of the Fund. ^2% sales charge applied Perf 1 month -1.41% 0.61% 3 months -1.60% 0.40% 6 months -0.53% 1.53% 1 year 5.26% 7.44% 3 years 0.13% 0.82% 5 years 0.34% 0.77% 10 years 2.94% 3.23% Since Incept 1.68% 1.88% Jun 10, SGD basis, with dividends and distributions reinvested, if any. yr show the % change, while those exceeding 1 yr show the average annual April 1995 S$44.48 million PRICE S$0.995 /quarter HSBC Institutional Trust SG UOBUIBI SP SG S&P Inv. Funds Awards 00 58

5 United SGD Fund 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. Public Bank Bhd 5% 20/6/17 Suntec Reit 3.25% 20/3/13 Bank of East Asia 6.12% 29/3/49 MBB Sukuk (Malayan) FRN 25/4/17 PCCW-HKTC Capital 7.75% 15/11/11 Singapore 40.10% Korea 18.55% Hong Kong 13.75% Malaysia 12.01% India 1.92% Others 2.72% Cash 10.95% % Financials 66.46% Property Trusts 12.15% Telecom Services 3.87% Consumers 2.32% Government Agency 1.87% Industrials 1.28% Others 1.10% Cash 10.95% May 1998 S$ million PRICE S$1.426 Cash,CPF-OA,SA&SRS 2% (CPF-OA,SA) /quarter BNP Paribas Trust SG OUBGPCI SP Indexed 19th June 98 To 30th June 10, Based in Singapore Dollar, Calculation Index /98 06/00 06/02 06/04 Benchmark (BM) : 6-month SIBID rate. 06/06 06/08 06/10 Benchmark *The above chart reflects performance from the first month end of the Fund. ^2% sales charge applied. Perf BM 1 month 0.42% -1.59% 0.03% 3 months 0.64% -1.38% 0.08% 6 months 2.74% 0.68% 0.18% 1 year 8.77% 6.60% 0.35% 3 years 4.92% 4.22% 0.99% 5 years 3.85% 3.43% 1.70% 10 years 3.09% 2.88% 1.47% Since Incept 3.13% 2.95% 1.67% Jun 10, SGD basis, with dividends and distributions reinvested, if any. yr show the % change, while those exceeding 1 yr show the average annual The Edge-Lipper SG Fund Awards 10 SG Inv. 01 SG Inv

6 United Singapore Bond Fund 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. Ascott Capital 3.58% 28/9/12 OCBC 5.1% 29/12/49 Malayan Banking Bhd 6% 29/8/49 Swiber Hlds 4.34% 24/8/10 Mapletree Treasury Svcs 4.6% 20/8/13 Singapore 80.29% United States 5.13% Korea 3.96% Malaysia 3.38% India 3.04% Cash 4.20% % Financials 56.41% Industrials 9.93% Property Trusts 7.17% Government 6.27% Government Agency 5.19% Consumers 4.25% Others 6.58% Cash 4.20% November 2004 S$ million PRICE S$1.147 Cash,CPF-OA,SA&SRS 2% (CPF-OA,SA) /quarter HSBC Institutional Trust SG UOBGLSB SP 26th November 04 To 30th June 10, Based in Singapore Dollar, Calculation Index Indexed 120 Perf BM 1 month 0.79% -1.23% 1.70% 3 months 1.68% -0.35% 3.59% 6 months 3.71% 1.63% 3.48% 1 year 9.97% 7.77% 4.32% 3 years 3.61% 2.92% 4.51% 5 years 2.89% 2.47% 3.72% Since Incept 2.76% 2.39% 3.61% 90 12/04 11/05 10/06 09/07 08/08 07/09 06/10 Jun 10, SGD basis, with dividends Benchmark and distributions reinvested, if any. *The above chart reflects performance from the first yr show the % change, while those month end of the Fund. ^2% sales charge applied. exceeding 1 yr show the average annual Benchmark (BM) : Singapore Government Bond Index All UOB 60