Singapore
About The Fund
Investment Aim
The fund's investment objective is to achieve medium to long term capital appreciation by investing primarily in securities issued by Singapore companies that are listed or traded on Regulated Markets.Performance Benchmark
MSCI Singapore IndexCPF Investment Scheme
Included under the CPF Investment Scheme (Ordinary Account)| Class A | Class I | |
| NAV: | SGD 0.412 | SGD 0.385 |
| High*: | SGD 1.007 | SGD 1.000 |
| Low*: | SGD 0.412 | SGD 0.385 |
| * Based on since inception month end prices | ||
| Fund Size: | SGD 12 million | |
About the Investment Strategy
- The Investment Manager views Singapore as dynamic, high-growth and rapidly expanding. The Investment Manager believes that a combination of rapid market expansion and consolidation of the sell-side community has resulted in a growing section of the market being under-researched.
- The Managers have found that companies with large capitalizations (i.e. large cap stocks) have extensive coverage from the sell-side community while middle capitalization companies (i.e. mid-cap stocks) and small capitalization companies (i.e. small-cap stocks) are under-covered by sell-side community. As a result, the Managers' strategy when investing in large-cap stocks is to use a systematic, thematic approach in information gathering and analyses to capture periodic market mis-pricing in the large-cap stocks area where there are sufficient market signals and data points available. The Managers intend to devote more of their internal research resources to seek out and analyse mid-cap and small-cap stocks where opportunities for significant securities mis-pricing are more abundant.
About the Investment Team
With offices in London, Singapore, Hong Kong, Tokyo, New York, So Paulo, Warsaw and Melbourne, Legg Mason International Equities has investment teams with extensive track records located in markets around the world. The team focuses is on managing Asian Equities.
