The Fund aims to achieve long term capital growth and income by investing in a portfolio of short duration bonds.
Fund Facts as of 31 October 2024
Currency
USD
Dealing Schedule
Daily
Fund Manager
FWD Life Insurance Corporation
Initial Price Inception
USD 100.00
Risk Profile
Aggressive
Net Asset Value
$ 1,577K
Current Fund Performance
Date
December 19, 2024Unit Price
$ 107.90572vs December 18: $ 108.06510
Historical Fund Performance Chart
|
As of 31 October 2024 |
1 Month Ago |
3 Months Ago |
1 Year |
Since Inception-Cumulative |
|
|
|
Fund's Return |
-0.56% |
1.32% |
6.39% |
7.37% Annualized |
|
|
Where the Funds are Invested (31 October 2024)
Top Security Holdings
The Top Security Holdings Table shows the top 10 holdings you are invested in, based on percent allocation.
Security |
Type |
% Held |
|
1 |
Global Short Duration Bond Fund |
Fund |
100% |
Asset Allocation Chart
The Asset Allocation Chart shows which the assets composition your fund is currently invested in.
Cash and Cash Equivalents - 0.00%
Short Duration Bond Fund - 100.00%
Top Countries
Countries
United States
29%
Germany
19%
United Kingdom
10%
China
7%
France
7%
Ireland
4%
Canada
3%
Switzerland
2%
New Zealand
2%
Cayman Islands
2%
Others
14%
Fund Performance Against Benchmark
A benchmark is a standard by which the performance of a fund is compared to. Since your investment is for medium to long-term, it's important to look at a benchmark's performance over a longer period of time to see and appreciate long-term volatility and progression.
Benchmark Table
A benchmark is a standard against which the performance of a fund/portfolio that can be measured.
Tracking Error Table
Tracking error is the difference between a portfolio return and the benchmark return.
|
|
1 Month Ago |
3 Months Ago |
1 Year |
3 Years Ago |
5 Years Ago |
Since Inception - Cumulative |
|
Benchmark |
-0.25% |
1.09% |
5.40% |
n.a Annualized |
n.a Annualized |
6.47% Annualized |
|
Tracking Error |
-0.31% |
0.23% |
0.99% |
n.a |
n.a |
0.90% |
The tracking error shows how well the fund has been able to mimic the performance of the benchmark. In other words if the tracking error is zero the returns of the fund are equal to the return of the benchmark. In case the tracking error is positive the fund did better than the benchmark, if negative it performed worse. The fund manager tries to maintain a performance that is within a small margin of the benchmark to ensure risk and return of the fund and benchmark are equal.
