Winners
The CPF Category includes funds that are under the Singapore Central Provident Fund (CPF) investment scheme.
Infinity US 500 Stock Index SGD
Lion Global Investors
Schroder ISF Global Eq Alp C Acc USD
Schroders
PineBridge India Equity A5CP
PineBridge
PineBridge US Large Cap RsrchEnh A5CP
PineBridge
Infinity Global Stock Index SGD
Lion Global Investors
The Morningstar category is described as "In an effort to distinguish funds by what they own, as well as by their prospectus objectives and styles, Morningstar developed the Morningstar Categories. While the prospectus objective identifies a fund's investment goals based on the wording in the fund prospectus, the Morningstar Category identifies funds based on their actual investment styles as measured by their underlying portfolio holdings (portfolio and other statistics over the past three years)".
2 Singapore-focused categories were selected:
Singapore Equity
Schroder Singapore Trust SGD A Dis
Schroders
Singapore Bond
LionGlobal SGP Fix Inc Invmt A
Lion Global Investors
The Global Broad Category group is based on Morningstar’s classification, which is "A peer group representing the primary asset class orientation of the fund." 2 categories with the most funds are selected. Here is an extract from the website: "Morningstar supports global categories, which map into nine global broad category groups (Equity, Allocation, Convertibles, Alternative, Commodities, Fixed Income, Money Market, Property, and Miscellaneous)". From this, we have selected the two categories with the most funds, which are equity and fixed income. It is then further divided based on the fund's size, into two categories: one for funds equal and above USD 1 Bil and the other below USD 1 Bil.
Equity
Fidelity Global Equity Inc I-Acc-USD
Fidelity International
United E-Commerce
United Overseas Bank
RAMS India Equities Port II I USD Acc
Notz Stucki
Fixed Income
PIMCO GIS Glb Bd Ex-US Instl USD Acc
PIMCO
Fidelity Global Infl-Link Bd A-Acc-USD
Fidelity International
PIMCO GIS Low Avrg Dur Instl USD Acc
PIMCO
Equity
Fidelity Global Technology A-Dis-EUR
Fidelity International
GMO Quality Investment USD Acc
GMO
Schroder ISF Glbl Sust Gr C Acc USD
Schroders
Fixed Income
PIMCO GIS Glb Bd Instl USD Acc
PIMCO
PIMCO GIS Income Institutional USD Acc
PIMCO
Capital Group EM Debt (LUX) A4
Capital Group
The Global category group is based on Morningstar's definition, which is "The Morningstar Global Category system groups investment vehicles across the globe that invest in similar asset classes. The categories are based on the investment vehicles' underlying local Morningstar Category assignments. Entries in the Morningstar Global Category system may be broader or more granular than the local categories that constitute the global category." 3 categories were selected:
Real Estate Sector Equity
BGF World Real Estate Securities A2 USD
BlackRock
Janus Henderson Hrzn Pan Eurp Pty Eqs A2 EUR
Janus Henderson
Nikko AM Shenton Glbl Property Secs SGD
Nikko AM
Asia ex-Japan Equity
Schroder ISF Asian Ttl Ret C Acc USD
Schroders
Templeton Asian Smlr Coms I(acc)USD
Franklin Templeton
Fidelity Sustainable Asia Eq A-Dis-USD
Fidelity International
Asia Fixed Income
Manulife GF Sust Asia Bd I Acc
Manulife Investment Management
Fullerton Lux Asn Invmt Grd Bds I $ Acc
Fullerton Fund Management
LionGlobal SGP Fix Inc Invmt A
Lion Global Investors