Advancing Singapore Equity Market

Amova Asset Management Asia has been appointed by the Monetary Authority of Singapore (MAS) to manage a Singapore equity portfolio under the Equity Market Development Programme (EQDP), an initiative to deepen liquidity, strengthen research and boost investor confidence. Building on over four decades of leadership, we remain committed to advancing Singapore’s equity market.

Built on proven expertise, vision for tomorrow

With a legacy built on decades of expertise, Amova Asset Management (formerly Nikko Asset Management) is one of Singapore's most trusted names in asset management. We've navigated the dynamic landscape of Singapore equities with confidence and consistency, delivering enduring value to investors through every market cycle.

Read more about our EQDP appointment.

Invest in Singapore's transformative journey

Dividend Strength and Growth Potential

Singapore's equity market is renowned for its robust dividend yields, a core component of total returns for investors. Over the past three years, more than a third of Singapore's equity returns have come from dividends, far outpacing global benchmarks. Our active strategies are designed to capture both dividend yield and dividend growth, ensuring investors benefit from rising payout ratios and resilient income streams, even as earnings growth moderates.

Unlocking Small Cap Opportunities

The Singapore market is undergoing a transformation, driven by bold policy initiatives such as the Monetary Authority of Singapore’s Equity Market Development Programme (EQDP). With S$5 billion earmarked to invigorate the market, the focus is now on small cap stocks—segments that have historically lagged in liquidity and investor attention. Amova Asset Management is at the forefront of this evolution, actively identifying and investing in small caps with strong fundamentals, unlocking new avenues for growth and diversification.

Investing in Tomorrow's Singapore

While banks and REITs remain important, the real growth in Singapore equities is emerging from "New Singapore" sectors: technology, renewables, logistics, and modern services. Our investment approach is forward-looking, targeting companies driving innovation and sustainability, from data center operators to renewable energy leaders. Our strategies are positioned to capture the next wave of regional growth, tapping into sectors that are reshaping Singapore's economic future.

Invest in award-winning funds backed by Singapore’s future


Our Equity Funds

Amova Singapore Dividend Equity Fund

An award-winning fund with a proven track record of performance over the last decade, featuring good quality companies listed in Singapore that offer attractive and sustainable dividend payments with the potential of long-term capital appreciation.

See the list of Awards for the AmovaSingapore Dividend Equity Fund. Past performance is not necessarily indicative of future performance.

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Amova Singapore Equity Fund

With a track record that spans over 30 years, the Fund ranks well in terms of performance and cost appeal. Through this Fund, investors get a chance to invest in growth opportunities found in the New Singapore which features sectors that represent the future economy of Singapore.

See the list of Awards for the Amova Singapore Equity Fund. Past performance is not necessarily indicative of future performance.

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Amova Singapore STI ETF

An ETF that offers the best of Singapore’s blue-chip corporations. It provides investors a low-cost and simple way to access the Straits Times Index (STI) which comprises of the top 30 largest companies listed on the Singapore exchange by market capitalisation.

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Our Fixed Income Funds

Amova Singapore Bond Fund

A fixed income Fund that aims to provide income and capital growth by investing primarily in money market and fixed income instruments in Singapore which provide income (which shall be reinvested at the present moment) and capital growth. The Fund may also invest in money market and fixed income instruments outside of Singapore.

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ABF Singapore Bond Index Fund

Gain access to one of the world’s highest-yielding AAA-rated government bonds. The iBoxx ABF Singapore index comprises mainly of SGD bonds issued by the Singapore Government and Singapore Quasi-government entities.

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Amova SGD Investment Grade Corporate Bond Index ETF

Invest in Singapore’s first investment grade corporate bond ETF. Corporate bonds are usually traded in large blocks of at least SGD 250,000 and not usually accessible to individual investors. The ETF is the first to offer investors easy access to SGD-denominated, investment grade corporate bonds in affordable units.

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Ways to Invest

Enquiries on Unit Trusts
If you would like to invest, please get in touch with our Client Services Team at [email protected] / (SG Toll-Free) 1-800-535-8025 or (Overseas) +65-6535-8025.
Enquiries on ETFs

For more information on our ETFs, please contact our ETF specialists at [email protected]

Documents

Amova Singapore Dividend Equity Fund Brochure PDF

Amova Singapore STI ETF Brochure PDF

ABF Singapore Bond Index Fund Brochure PDF

Invest in Singapore Equities through Amova's active strategies PDF

Amova Singapore Equity Fund Factsheet PDF

Amova Singapore Bond Fund Factsheet PDF

Amova SGD Investment Grade Corporate Bond Index ETF Brochure PDF

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 Funds or any underlying funds may use or invest in financial derivative instruments. The value of units and income from them may fall or rise. Investments in the Funds 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 Funds, 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 website. This advertisement has not been reviewed by the Monetary Authority of Singapore.

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 performance of the ETF’s price on the Singapore Exchange Securities Trading Limited (“SGX-ST”) may be different from the net asset value per unit of the ETF. The ETF may also be suspended or delisted from the SGX-ST.   Listing of the units does not guarantee a liquid market for the units. Investors should note that the ETF differs from a typical unit trust and units may only be created or redeemed directly by a participating dealer in large creation or redemption units. 

Amova Asset Management Asia Limited. Registration Number 198202562H.