Quick Links
Quick Links
ABF Pan Asia Bond Index Fund (PAIF) is a component of Asian Bond Fund 2 (ABF2), the second phase of the EMEAP (Executives' Meeting of East-Asia and Pacific Central Banks) Group's initiative to further develop the bond markets in Asia. The EMEAP Group comprises 11 central banks and monetary authorities in East Asia and Pacific region, namely Australia, China, Hong Kong, Indonesia, Japan, Korea, Malaysia, New Zealand, Philippines, Singapore, and Thailand.
The ABF Pan Asia Bond Index Fund (PAIF) is an exchange traded fund (ETF) that aims to track the performance of the Markit iBoxx ABF Pan-Asia Index (Index) before fees and expenses. The Manager seeks to achieve this investment objective by employing a stratified sampling approach to match the Index's characteristics and returns through investing in a well-diversified portfolio that represents the Index.
PAIF is benchmarked to Markit iBoxx ABF Pan-Asia Index (i.e. the Underlying Index), which is constructed and published by Markit Indices GmbH.
The Markit iBoxx ABF Pan-Asia Index is an indicator of investment returns of Asian currency denominated bonds issued by both government and quasi-government organizations in China, Hong Kong, Indonesia, Korea, Malaysia, Philippines, Singapore, and Thailand.
Aside from market capitalization, Markit Indices GmbH also considers liquidity of the market, the country's sovereign rating, and the openness of the market, which takes into consideration the regulatory, legal and fiscal environment, and the trading and clearing infrastructure of each local market.
Benchmark | Markit iBoxx ABF Pan-Asia Index |
Inception Date | 29 Jun 2005 |
Ongoing Charges Over a Year | 0.18% |
Board Lot Size | 10 Units |
Base Currency | USD |
Domicile Location | Singapore |
Registration Locations | Hong Kong, Japan, Singapore |
Replication Method | Stratified Sampling |
Fund Manager | State Street Global Advisors Singapore Limited |
Trustee | HSBC Institutional Trust Services (Singapore) Limited |
Custodian | HSBC Institutional Trust Services (Asia) Limited |
Exchange | Trading Currency | Listing Date | Stock Code | SEDOL Code | Bloomberg Code | ISIN |
---|---|---|---|---|---|---|
The Stock Exchange of Hong Kong Limited | USD | 07 Jul 2005 | 2821 | B0CDYD7 | 2821 HK | SG9999002026 |
Bid/Ask Prices | USD 110.90 / 111.60 |
Closing Price | USD 110.90 |
Day High | USD 110.80 |
Day Low | USD 110.80 |
Exchange Volume (Shares) | 60.00 |
30 Day Average Exchange Volume (Shares) | 569.00 |
Estimated NAV per Unit as of (Updated every 15 seconds) |
STOCK CODE | CURRENCY | INAV |
---|
Delayed by 10-15 seconds. The Estimated NAV per Unit should not be viewed as the actual NAV per Unit. The estimated NAV per Unit is provided for reference purposes only and may differ from the actual NAV per Unit calculated in accordance with the Trust Deed.
Closing NAV / Unit | USD 111.3284 |
1 Day Nav Change | USD 0.61 |
Change (%) | 0.55% |
Number of Outstanding Units | 31,292,354.00 |
Total Net Assets | USD 3,483.73 M |
Number of Holdings | 504 |
Average Credit Quality | A+/A+ |
Average Duration | 6.70 |
Yield to Maturity | 3.85% |
Effective Convexity | 0.94 |
Current Yield | 3.65% |
Average Coupon | 3.51% |
Effective Duration | 6.70 |
Years to Maturity | 9.03 |
Effective Convexity | 0.94 |
Average Coupon | 3.40% |
Current Yield | 3.59% |
Effective Duration | 6.70 |
Years to Maturity | 9.01 |
Index Launch Date | 31 Dec 2000 |
Index Launch Value | 100.00 |
Index Current Value | 213.35 |
as of 31 Dec 2022
As Of | YTD | 1 Month | 3 Month | 6 Month | 1 Year | 3 Year | 5 Year | 10 Year | Since Inception 29 Jun 2005 |
|
---|---|---|---|---|---|---|---|---|---|---|
Fund | 31 Dec 2022 | -7.6% | 3.2% | 8.0% | 1.9% | -7.6% | -3.1% | 4.7% | 8.7% | 82.1% |
Markit iBoxx ABF Pan-Asia Index | 31 Dec 2022 | -7.3% | 3.2% | 8.0% | 2.1% | -7.3% | -1.9% | 7.0% | 14.1% | 100.5% |
as of 31 Dec 2022
As Of | YTD | 1 Month | 3 Month | 6 Month | 1 Year | 3 Year | 5 Year | 10 Year | Since Inception 29 Jun 2005 |
|
---|---|---|---|---|---|---|---|---|---|---|
Fund | 31 Dec 2022 | -7.6% | 3.2% | 8.0% | 1.9% | -7.6% | -3.1% | 4.7% | 8.7% | 82.1% |
Markit iBoxx ABF Pan-Asia Index | 31 Dec 2022 | -7.3% | 3.2% | 8.0% | 2.1% | -7.3% | -1.9% | 7.0% | 14.1% | 100.5% |
as of 31 Dec 2022
As Of | 1 Year | 3 Year | 5 Year | 10 Year | Since Inception 29 Jun 2005 |
|
---|---|---|---|---|---|---|
Fund | 31 Dec 2022 | -7.6% | -1.0% | 0.9% | 0.8% | 3.5% |
Markit iBoxx ABF Pan-Asia Index | 31 Dec 2022 | -7.3% | -0.6% | 1.4% | 1.3% | 4.1% |
as of 31 Dec 2022
As Of | 1 Year | 3 Year | 5 Year | 10 Year | Since Inception 29 Jun 2005 |
|
---|---|---|---|---|---|---|
Fund | 31 Dec 2022 | -7.6% | -1.0% | 0.9% | 0.8% | 3.5% |
Markit iBoxx ABF Pan-Asia Index | 31 Dec 2022 | -7.3% | -0.6% | 1.4% | 1.3% | 4.1% |
as of 31 Dec 2022
2022 (YTD) | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | |
---|---|---|---|---|---|---|---|---|---|---|---|
Fund | -7.6% | -3.7% | 8.9% | 7.9% | 0.1% | 9.3% | -0.5% | -3.4% | 3.8% | -4.9% | 7.5% |
Markit iBoxx ABF Pan-Asia Index | -7.3% | -3.3% | 9.5% | 8.6% | 0.4% | 9.9% | 0.0% | -2.8% | 4.2% | -4.2% | 7.9% |
Past performance information is not necessarily indicative of the future performance. Investors may not get back the full amount invested. The computation basis of the cumulative and annualized performance is based on net-of-fees returns in USD terms on NAV-to-NAV (single pricing) basis, with all dividends reinvested, taking into account all charges payable upon reinvestment.
The computation basis of the calendar-year performance is based on calendar year end, in USD terms on NAV-to-NAV (single pricing) basis, with dividends reinvested , taking into account all charges payable upon reinvestment. These figures show by how much the ABF Pan Asia Bond Index Fund increased or decreased in value during the calendar year being shown.
The benchmark of the ABF Pan Asia Bond Index Fund is Markit iBoxx ABF Pan-Asia Index. The index returns are stated on a total return basis.
Fund Inception Date: 29 June 2005
Growth of $10,000: ABF Pan Asia Bond Index Fund
Fund Inception Date: 29 Jun 2005
Currency: USD
The Hypothetical Growth of $10,000 chart reflects a hypothetical SGD $10,000 investment and assumes reinvestment of all dividends and capital gains. Fund expenses, including management fees and other expenses were deducted. Past performance is not necessarily indicative of the future performance. Investors may lose part or all of their investments.
Tracking Difference (TD)
Tracking Difference is the return difference between an ETF and its underlying benchmark / index over a certain period of time.
Tracking Error (TE)
Tracking error measures how consistently an ETF follows its benchmark / index. It is the volatility (measured by standard deviation) of that return difference.
Rolling 1-Year TE^ * | 0.1656% |
^ Annualized based on the number of dealing days in the past year when daily TD is calculated.
* PAIF's Rolling 1-Year Tracking Error figures were revised for the period as of 30 June 2022, 31 July 2022 and 31 August 2022 in September 2022 from 0.3764%, 0.3828% and 0.3827% to 0.1180%, 0.1216% and 0.1237% respectively.
Rolling 1-Year TD | -0.2478% |
2022 | -0.2556% |
2021 | -0.3351% |
2020 | -0.6722% |
2019 | -0.6771% |
2018 | -0.2762% |
2017 | -0.5827% |
2016 | -0.5027% |
2015 | -0.5491% |
2014 | -0.4404% |
2013 | -0.6431% |
2012 | -0.4591% |
2011 | -0.5687% |
2010 | -0.5841% |
2009 | -0.7882% |
2008 | -0.6907% |
2007 | -0.5614% |
2006 | -0.9038% |
Performance is calculated on net-of-fees returns in USD terms on NAV-to-NAV basis, with all distributions reinvested.
Holding | Weight |
---|---|
CHINA (GOVT OF) SER 1904 (REG) 3.19% 11APR2024(INTERBANK) | 1.41% |
HONG KONG MORTGAGE CORP SER EMTN (REG) (REG S) 5% 25OCT2024 | 1.17% |
SINGAPORE (GOVT OF) 2.125% 01JUN2026 | 1.16% |
SINGAPORE (GOVT OF) 3% 01SEP2024 | 1.05% |
SINGAPORE (GOVT OF) 3.5PCT 01/03/2027 | 0.93% |
SINGAPORE GOVERNMENT 2.875% 01JUL2029 | 0.92% |
SINGAPORE GOVERNMENT 2.75% 01MAR2046 | 0.85% |
SINGAPORE GOVERNMENT 2% 01FEB2024 | 0.82% |
PHILIPPINES (REP OF) SER 2017 8PCT 19/07/2031 | 0.78% |
SINGAPORE (GOVT OF) 2.75% 01APR2042 | 0.76% |
Holding | Weight |
---|---|
SINGAPORE (Govt) 3% 9/1/2024 | 1.09% |
SINGAPORE (Govt) 3.5% 3/1/2027 | 1.07% |
SINGAPORE (Govt) 2% 2/1/2024 | 0.95% |
SINGAPORE (Govt) 2.875% 9/1/2030 | 0.91% |
SINGAPORE (Govt) 2.375% 6/1/2025 | 0.81% |
SINGAPORE (Govt) 2.25% 8/1/2036 | 0.80% |
SINGAPORE (Govt) 2.125% 6/1/2026 | 0.80% |
SINGAPORE (Govt) 2.75% 3/1/2046 | 0.75% |
SINGAPORE (Govt) 2.875% 7/1/2029 | 0.73% |
HONG KONG (Govt) 1.68% 1/21/2026 | 0.72% |
The top holdings shown are as of the date indicated above and are subject to change. This information should not be considered a recommendation to invest in a particular sector or to buy or sell any security shown. It is not known whether the sectors or securities shown will be profitable in the future. The holdings are taken from the accounting records of SSGA which may differ from the official books and records of the custodian.
Ex Dividend Date | Record Date | Payable Date | Distribution Amount Per Unit (USD$) | Singapore Tax Vouchers* |
---|---|---|---|---|
20/01/2023 | 26/01/2023 | 07/02/2023 | 1.61 | - |
21/07/2022 | 22/07/2022 | 03/08/2022 | 1.67 | |
21/01/2022 | 24/01/2022 | 08/02/2022 | 1.48 | |
21/07/2021 | 22/07/2021 | 03/08/2021 | 1.37 | |
21/01/2021 | 22/01/2021 | 03/02/2021 | 1.27 | |
21/07/2020 | 22/07/2020 | 03/08/2020 | 1.23 | |
21/01/2020 | 22/01/2020 | 05/02/2020 | 1.42 | |
19/07/2019 | 22/07/2019 | 01/08/2019 | 1.64 | |
21/01/2019 | 22/01/2019 | 31/01/2019 | 1.76 | |
20/07/2018 | 23/07/2018 | 02/08/2018 | 1.84 | |
19/01/2018 | 22/01/2018 | 01/02/2018 | 1.74 | |
21/07/2017 | 24/07/2017 | 03/08/2017 | 1.65 | |
20/01/2017 | 23/01/2017 | 07/02/2017 | 1.52 | |
21/07/2016 | 22/07/2016 | 04/08/2016 | 1.25 | |
21/01/2016 | 22/01/2016 | 04/02/2016 | 1.64 | |
21/07/2015 | 22/07/2015 | 04/08/2015 | 1.67 | |
21/01/2015 | 22/01/2015 | 04/02/2015 | 1.89 | |
21/07/2014 | 22/07/2014 | 05/08/2014 | 2.09 | |
21/01/2014 | 22/01/2014 | 06/02/2014 | 2.04 | |
19/07/2013 | 22/07/2013 | 05/08/2013 | 1.77 | |
21/01/2013 | 22/01/2013 | 04/02/2013 | 1.67 | |
20/07/2012 | 23/07/2012 | 02/08/2012 | 1.8 | |
20/01/2012 | 26/01/2012 | 08/02/2012 | 1.88 | |
21/07/2011 | 22/07/2011 | 04/08/2011 | 2.13 | |
21/01/2011 | 24/01/2011 | 08/02/2011 | 1.88 | |
21/07/2010 | 22/07/2010 | 04/08/2010 | 1.95 | |
21/01/2010 | 22/01/2010 | 04/02/2010 | 1.95 | |
21/07/2009 | 22/07/2009 | 04/08/2009 | 1.67 | |
21/01/2009 | 22/01/2009 | 09/02/2009 | 2.14 | |
21/07/2008 | 22/07/2008 | 05/08/2008 | 2.09 | |
21/01/2008 | 22/01/2008 | 05/02/2008 | 2.16 | |
20/07/2007 | 23/07/2007 | 06/08/2007 | 2.05 | |
19/01/2007 | 22/01/2007 | 05/02/2007 | 2.16 | |
21/07/2006 | 24/07/2006 | 02/08/2006 | 2.17 | |
25/01/2006 | 26/01/2006 | 07/02/2006 | 2.06 |
*Singapore tax vouchers are issued pursuant to the Singapore Income Tax Act. If you are a person liable to Singapore tax, then please use the information to appropriately declare your taxable income in your tax returns. You will need to apply your pro rata holdings as at the record date to do the appropriate calculations.
The semi-annual distributions are dependent on PAIF's performance and are not guaranteed.
PAIF is flexible and easy to trade. Investors buy and sell them like shares, typically through a stock broker. Investors can also employ traditional share trading techniques, including stop orders, limit orders and margin purchases (if available).
To purchase PAIF, please consult your stock broker or financial advisor.