Asset Management
What's New In Investments, Funds? – Singlife, Fullerton Fund Management
The latest news in investment offerings, financial products and other services relevant to wealth advisors and their clients.
GROW with Singlife, an investment platform that Singapore-based Singlife has built alongside Fullerton Fund Management, has rolled out a new fund seeking to capture Chinese stock market returns.
Yesterday, GROW said it has launched Fullerton Lux Funds – China Equities (Class A) Singapore dollar.
This fund launch is the third collaboration between GROW and Fullerton, following the starts of the Fullerton SGD Cash Fund Class C in 2023 and the Fullerton Lux Funds – Global Absolute Alpha A (SGD) Dist in 2024.
The fund aims to generate long-term capital appreciation by investing primarily in China A-Shares listed on PRC stock exchanges and stocks listed on the Hong Kong Stock Exchange. Its high-conviction, lower-volatility strategy focuses on identifying quality companies through a bottom-up approach, prioritising individual company fundamentals over market trends.
GROW said an important stand-out feature is that the fund’s sub-advisor, Da Cheng International Asset Management, is an award-winning China investment specialist with expertise and insights into China’s capital markets and regulatory environment. Da Cheng International is the international arm of Da Cheng Fund Management.
“The China Equities fund in partnership with Fullerton is a compelling proposition to enhance overall portfolio diversification and participate in China’s long-term growth story,” Tim Wong, head of product at GROW with Singlife, said. “With improving market sentiment, we also see this as an opportune time for investors to capitalise on the growth of one of the world’s most dynamic economies.”
The initial public offering of the Fullerton Lux Funds – China Equities (Class A) SGD has begun and will run until Friday 22 August 2025, at S$10.00 ($7.78) per unit, with a minimum investment amount of just S$200.00. Investors have the option of using cash or a Supplementary Retirement Scheme (SRS) to fund the investment. The fund will be available for trading at the prevailing net asset value from Monday 25 August. The Singapore dollar share class of the fund is currently only available to GROW customers.