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Schroders launches multi-asset fund in Singapore

Schroders launches multi-asset fund in Singapore

Schroder Investment Management has launched a multi-asset fund in Singapore, designed to invest in a diversified portfolio across asset classes globally.

Managed by Simon Doyle, head of fixed income and multi-asset, the Schroder ISF Global Target Return aims to deliver stable returns with monthly pay-out.

It invests in assets from more than 40 countries across 15,000 stocks, 18,000 bonds and other investments such as alternatives and currencies.

The fund is currently available to Singapore investors through Citibank, and carries up to 4% entry charge and a management fee of 1.25% per annum.

The fund’s base currency is in USD, and it offers currency hedged share classes denominated in SGD, EUR and AUD.

Doyle said his team manages the target return strategy with the objective of delivering a smoother path of returns above cash while minimising drawdowns.

‘We achieve our objectives by flexibly allocating assets across a global opportunity set, which gives us the ability to adjust exposures as market conditions change and leave no stone unturned in terms of looking for the right opportunities,’ he added.

The Luxembourg-domiciled fund was first launched in December 2016, and has over $109.9 million of assets under management.

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