The investment objective of the Fund is to provide investors with medium to long term capital appreciation and to make regular income distributions during the investment period. The Fund will invest primarily in transferable debt securities issued by issuers based in the Asia Pacific region which may be in local and/or foreign currencies. The Managers, at their sole discretion, may invest not more than 30% of the Fund in regions other than the Asia Pacific region. The Fund may also invest in real estate investment trusts ("REITs") listed or traded on a regulated market. Currently, does not invest into REITs listed or traded on a regulated market. There is no target industry or sector.
Bond
Amova Asia Bond Fund - SGD Class A
SG9999004139
ISIN Number
DBSABON SP
Bloomberg Ticker
NAV
SGD 0.6067
as of 05 Jun 2026
Investment Objective
Fund Details
^ With effect from 1 Oct 2011, the benchmark is the HSBC Asian Local Bond Index (ALBI). With effect from 20 April 2016,the calculation and publication of the HSBC Asian Local Bond Index (ALBI) has ceased and the benchmark is replaced with the Markit iBoxx Asian Local Bond Index (ALBI).
Benchmark
Markit iBoxx Asian Local Bond Index (ALBI)^
Management Fee
1.0% p.a.
Base Currency
SGD
Minimum Subsequent Investment
SGD 100
Minimum Initial Investment
SGD 1,000
Minimum Initial Investment - RSP
SGD 1,000
Minimum Subsequent Investment - RSP
SGD 100/month
Subscription
Cash, SRS, Regular Savings Plan (RSP)
Initial Sales Charge
Up to 5.00%
^ With effect from 1 Oct 2011, the benchmark is the HSBC Asian Local Bond Index (ALBI). With effect from 20 April 2016,the calculation and publication of the HSBC Asian Local Bond Index (ALBI) has ceased and the benchmark is replaced with the Markit iBoxx Asian Local Bond Index (ALBI).
Performance
| Return (%)* | 1m | 3m | 6m | 1yr | 3yr | 5yr | Since Inception |
|---|---|---|---|---|---|---|---|
| NAV-NAV | -0.02 | -1.76 | -3.89 | -2.47 | 0.34 | -1.21 | 1.10 |
| NAV-NAV (with charges) 1 | -5.02 | -6.68 | -8.70 | -7.34 | -1.36 | -2.22 | 0.85 |
| Benchmark ^ | 0.09 | -1.45 | -3.28 | -1.45 | 1.92 | 0.28 | - |
Source: Amova Asset Management Asia Limited as of 30 Apr 2026
¹ Takes into account of maximum initial sales charge and a realisation charge, currently nil, as and where applicable.
^ With effect from 1 Oct 2011, the benchmark is the HSBC Asian Local Bond Index (ALBI). With effect from 20 April 2016,the calculation and publication of the HSBC Asian Local Bond Index (ALBI) has ceased and the benchmark is replaced with the Markit iBoxx Asian Local Bond Index (ALBI).
¹ Takes into account of maximum initial sales charge and a realisation charge, currently nil, as and where applicable.
^ With effect from 1 Oct 2011, the benchmark is the HSBC Asian Local Bond Index (ALBI). With effect from 20 April 2016,the calculation and publication of the HSBC Asian Local Bond Index (ALBI) has ceased and the benchmark is replaced with the Markit iBoxx Asian Local Bond Index (ALBI).
Source: Amova Asset Management Asia Limited as of 30 Apr 2026
¹ Takes into account of maximum initial sales charge and a realisation charge, currently nil, as and where applicable.
^ With effect from 1 Oct 2011, the benchmark is the HSBC Asian Local Bond Index (ALBI). With effect from 20 April 2016,the calculation and publication of the HSBC Asian Local Bond Index (ALBI) has ceased and the benchmark is replaced with the Markit iBoxx Asian Local Bond Index (ALBI).
¹ Takes into account of maximum initial sales charge and a realisation charge, currently nil, as and where applicable.
^ With effect from 1 Oct 2011, the benchmark is the HSBC Asian Local Bond Index (ALBI). With effect from 20 April 2016,the calculation and publication of the HSBC Asian Local Bond Index (ALBI) has ceased and the benchmark is replaced with the Markit iBoxx Asian Local Bond Index (ALBI).
Fund Characteristics
Weighted Average Yield to Maturity
Fund: 3.77 %
Source: Amova Asset Management Asia Limited as of 30 Apr 2026
Yield to Maturity (YTM) of a bond is the average annualised rate of return expected if held to maturity. Weighted Average YTM (%) is calculated by weighting the bonds with market capitalisation. Figure is in local currency yield terms and on unhedged foreign exchange basis. Please note that weighted average YTM does not represent the fund’s actual rate of return or distribution yield.
Top 10 Holdings
| Holdings | Weight |
|---|---|
| AMOVA-ICBCSG CHINA BOND INDEX ETF UNITS -RMB- | 6.2 % |
| GOVERNMENT OF INDONESIA 6.5% 15-JUL-2030 | 4.3 % |
| GOVERNMENT OF INDIA 7.1% 08-APR-2034 | 4.3 % |
| GOVERNMENT OF INDIA 7.57% 17-JUN-2033 | 3.0 % |
| GOVERNMENT OF MALAYSIA 3.582% 15-JUL-2032 | 3.0 % |
| GOVERNMENT OF SOUTH KOREA 1.375% 10-DEC-2029 | 2.8 % |
| SWISS RE SUBORDINATED FINANCE PLC 3.75% 26-MAR-2031 | 2.8 % |
| GOVERNMENT OF MALAYSIA 4.254% 31-MAY-2035 | 2.7 % |
| GOVERNMENT OF SOUTH KOREA 2.5% 10-MAR-2052 | 2.6 % |
| GOVERNMENT OF HONG KONG 2.48% 28-FEB-2029 | 2.4 % |
Source: Amova Asset Management Asia Limited as of 30 Apr 2026
Country Allocation
Source: Amova Asset Management Asia Limited as of 30 Apr 2026
Cash in allocation charts includes cash equivalents.
Percentages of allocation may not add to 100% due to rounding error.
Cash in allocation charts includes cash equivalents.
Percentages of allocation may not add to 100% due to rounding error.
Sector Allocation
Source: Amova Asset Management Asia Limited as of 30 Apr 2026
Cash in allocation charts includes cash equivalents.
Percentages of allocation may not add to 100% due to rounding error.
Cash in allocation charts includes cash equivalents.
Percentages of allocation may not add to 100% due to rounding error.
Contact Us
For more information on our unit trusts, please contact our Client Services Team at [email protected] / (SG Toll-Free) 1-800-535-8025 or (Overseas) +65-6535-8025.
The funds mentioned are Singapore registered funds approved for sale or purchase in Singapore. By proceeding, you are representing and warranting that you are either resident in Singapore or the applicable laws and regulations of your jurisdiction allow you to access the information.
This website is purely for informational purposes only with no consideration given to the specific investment objective, financial situation and particular needs of any specific person. It should not be relied upon as financial advice. Any securities mentioned herein are for illustration purposes only and should not be construed as a recommendation for investment. You should seek advice from a financial adviser before making any investment. In the event that you choose not to do so, you should consider whether the investment selected is suitable for you. Investments in funds are not deposits in, obligations of, or guaranteed or insured by Amova Asset Management Asia Limited (“Amova Asia”).
Past performance or any prediction, projection or forecast is not indicative of future performance. The Fund or any underlying fund may use or invest in financial derivative instruments. The value of units and income from them may fall or rise. Investments in the Fund are subject to investment risks, including the possible loss of principal amount invested. You should read the relevant prospectus (including the risk warnings) and product highlights sheet of the Fund, which are available and may be obtained from appointed distributors of Amova Asia or our website (https://sg.amova-am.com) before deciding whether to invest in the Fund.
The information contained herein may not be copied, reproduced or redistributed without the express consent of Amova Asia. While reasonable care has been taken to ensure the accuracy of the information as at the date of publication, Amova Asia does not give any warranty or representation, either express or implied, and expressly disclaims liability for any errors or omissions. Information may be subject to change without notice. Amova Asia accepts no liability for any loss, indirect or consequential damages, arising from any use of or reliance on this document. This advertisement has not been reviewed by the Monetary Authority of Singapore.
(Where relevant – for funds included under CPFIS) The Central Provident Fund (“CPF”) Ordinary Account (“OA”) interest rate is the legislated minimum 2.5% per annum, or the 3-month average of major local banks' interest rates, whichever is higher, reviewed quarterly. The interest rate for Special Account (“SA”) is currently 4% per annum or the 12-month average yield of 10-year Singapore Government Securities plus 1%, whichever is higher, reviewed quarterly. Only monies in excess of $20,000 in OA and $40,000 in SA can be invested under the CPF Investment Scheme (“CPFIS”). Please refer to the website of the CPF Board for further information. Investors should note that the applicable interest rates for the CPF accounts and the terms of CPFIS may be varied by the CPF Board from time to time.
The Markit iBoxx Asian Local Bond (ALBI) Index referenced herein is the property of Markit Indices Limited and is used underlicense. The Amova Shenton Asia Bond Fund is not sponsored, endorsed, or promoted by Markit Indices Limited.
Amova Asset Management Asia Limited. Registration Number 198202562H.