Global exchange-traded fund - ABF Singapore Bond Index Fund
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 Month||3 Month||6 Month||1 Year|
ABF SINGAPORE BOND INDEX FUND BULLISH SIGNALS
High Performance Indicator:
|Description||Value||Rank In Market|
|Volatility %||0.4||In Top Quartile|
ABF SINGAPORE BOND INDEX FUND BEARISH SIGNALS
The units are trading at a premium of 2.0% to NAV backing of SGD1.14 per unit.
|Price||NAV per unit||Price to NAV||Premium %|
2.2 Low Performance Indicator:
|Description||Value||Rank In Market|
|Price/MAP50||0.86||In Bottom Quartile|
PRICE VOLUME DYNAMICS
+ 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.
|Morgan Stanley Capital International World Index [MSCI World]||1,038||1,034||900|
|Morgan Stanley Capital International Singapore Index||1,070||1,097||853|
+ 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%.
|% Price Change||0.9||4.1||-7.2||2|
|Avg Daily Volume||57,946||87,963||20,510||23,905||23,707|
|Turnover Period||512 yrs 3 mo||143 yrs 15 d||207 yrs 11 mo|
|Price Range||1.1 - 1.24||1.12 - 1.18||1.1 - 1.21||1.07 - 1.26||1.13 - 1.27|
Global Rank out of 3,662 ETFs
The present value of $1,000 invested a year ago is $976, ranking it 485 out of 3,662 ETFs. Its 6-month relative strength (or price percentile rank) is 92.
|Net Assets (US$)||406.9M||742||Top|
|Rel Strength 6 Mo (US$)||92||290||Top|
|PV$1000 (1Year) US$*||976||485||Top|
* 1 year ago SGD 1 equalled USD 0.7338
Mar 03, 2016: SGD 1 equals USD 0.7139
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.
ABF Singapore Bond Index Fund (SI:SBIF)
|Inception Date||August 31, 2005|
|Expense Ratio||0.3% of average net assets|
|Index Tracked||iBoxx ABF Singapore Bond Index|
5.3 Management Fees
+ The management fee is 0.27% of total assets
|Dividend Date:||January 04, 2016|
7.1 Top Holdings (November 26, 2015)
|SIGB 3 09/01/24||7.1|
|SIGB 3 03/01/27||7|
|SIGB 2 06/01/19||6.9|
|SIGB 2 06/01/21||6.8|
|SIGB 3 09/01/22||6|
|SIGB 2 07/01/23||5.5|
|SIGB 2 04/01/42||5.4|
|SIGB 4 09/01/18||5.4|
|SIGB 2 09/01/30||5.4|