Global exchange-traded fund - ABF Singapore Bond Index Fund

SINGP

ABF Singapore Bond Index Fund increases on low volume 03 March, 2016

NEWS BITES - ETF

ABF Singapore Bond Index Fund (SI:SBIF), the 4th largest Exchange Traded Fund by market cap in Singapore, increased 0.30c (or 0.3%) from its last trading session of March 01, 2016 to close at SGD1.16. Compared with the Morgan Stanley Capital International Singapore Index which rose 101.2 points (or 2.4%) in the day, this represented a relative price change of -2.1%. Trading volume was 79% lighter than average.

Price Change %1 Month3 Month6 Month1 Year
SBIF0.70.352.30.7
MSCI SINGAPORE9.71-0.73-14.58

SECTION 1

ABF SINGAPORE BOND INDEX FUND BULLISH SIGNALS

High Performance Indicator:

DescriptionValueRank In Market
Volatility %0.4In Top Quartile

SECTION 2

ABF SINGAPORE BOND INDEX FUND BEARISH SIGNALS

2.1 Fundamentals:

Overvaluation:

The units are trading at a premium of 2.0% to NAV backing of SGD1.14 per unit.

PriceNAV per unitPrice to NAVPremium %
1.16SGD1.141.022.0

2.2 Low Performance Indicator:

DescriptionValueRank In Market
Price/MAP500.86In Bottom Quartile

SECTION 3

PRICE VOLUME DYNAMICS

3.1 Technicals:

+ ABF Singapore Bond Index Fund is at a discount of 6.2% to its 12-month high of SGD1.24 on March 12, 2015. It is also at a premium of 5.1% to the 12-month low of SGD1.10 on April 13, 2015.

+ The present value of SGD1,000 (PV1000) invested one year ago in ABF Singapore Bond Index Fund is SGD1,007, for a capital gain of SGD7.

PV$10001-week1-month1-year
SBIF.SP1,0071,007
Morgan Stanley Capital International World Index [MSCI World]1,0381,034900
Morgan Stanley Capital International Singapore Index1,0701,097853

+ The present value of SGD1,000 (PV1000) invested three years ago in ABF Singapore Bond Index Fund is SGD974, for a capital loss of SGD26.

+ 3 years Multiplier in SGD = 0.974x

+ Compound Annual Growth Rate (CAGR) in SGD = -0.9%

Present Value of USD1,000 invested 3 years ago:

+ The present value of USD1,000 (PV1000) invested three years ago in ABF Singapore Bond Index Fund is US$862, for a capital loss of US$138.

+ 3 years ago SGD 1 equalled USD 0.8068

+ 3 years Multiplier in USD = 0.862x

+ Compound Annual Growth Rate (CAGR) in USD = -4.8%

3.2 Year-on-Year Comparison (Trailing year - ended 29 Feb)

In the past 4 years, SBIF has declined 0.9% from 1.17 to 1.16, an average annual compound fall of 0.2%.

20162015201420132012
Close1.161.151.11.191.17
% Price Change0.94.1-7.22
Avg Daily Volume57,94687,96320,51023,90523,707
VWP1.191.17
Turnover Period512 yrs 3 mo143 yrs 15 d207 yrs 11 mo
Price Range1.1 - 1.241.12 - 1.181.1 - 1.211.07 - 1.261.13 - 1.27

SECTION 4

RANKING

Global Rank out of 3,662 ETFs

The present value of $1,000 invested a year ago is $976, ranking it 485 out of 3,662 ETFs. Its 6-month relative strength (or price percentile rank) is 92.

DescriptionValueRankQuartile
Net Assets (US$)406.9M742Top
Rel Strength 6 Mo (US$)92290Top
PV$1000 (1Year) US$*976485Top

* 1 year ago SGD 1 equalled USD 0.7338

Mar 03, 2016: SGD 1 equals USD 0.7139

SECTION 5

PROFILE

5.1 Description

ABF Singapore Bond Index Fund is an exchange-traded fund established in Singapore. The Funds objective is to provide returns that correspond closely to the performance of the iBoxx ABF Singapore Bond Index before expenses, with a target tracking error of 40 basis points on an annual basis. The Fund invests substantially in the constituent securities of the Benchmark Index.

5.2 SNAPSHOT

ABF Singapore Bond Index Fund (SI:SBIF)

Inception DateAugust 31, 2005
Expense Ratio0.3% of average net assets
CategoryGovernment/Corporate
Index TrackediBoxx ABF Singapore Bond Index

5.3 Management Fees

+ The management fee is 0.27% of total assets

SECTION 6

DIVIDEND

Dividend Date:January 04, 2016
Dividend Yield:2.3%
Annual Dividend:2.65c

SECTION 7

TOP HOLDINGS

7.1 Top Holdings (November 26, 2015)

HoldingsWeight (%)
SIGB 3 09/01/247.1
SIGB 3 03/01/277
SIGB 2 06/01/196.9
SIGB 2 06/01/216.8
SIGB 3 09/01/226
SIGB 2 07/01/235.5
SIGB 2 04/01/425.4
SIGB 4 09/01/185.4
SIGB 2 09/01/305.4

Source: www.BuySellSignals.com