[caption id="attachment_2785" align="alignright" width="150" caption="Photo by kla4067"][/caption] I was reading an online magazine and a financial advisor from a reputable company suggested a bond fund portfolio for risk averse people. He claims that it has low risk and by having bond funds, one can invest in global fixed income and withdraw a portion of it from the bond fund periodically, funding one’s retirement. Well, even though I am about to have exams in less than a week’s time, I can’t help but to write something to kick the joker’s ass. I have compiled, as much as possible the SGD returns of bond funds, available to the DIY investor from fundsupermart. The below data are correct as at June 22nd, 2009. Returns tabulated using the data of bid to offer returns to account for sales charges. Returns tabulated are also compounded. Example, if I invest $100 in Fund A and it gives me a 3 year compounded return of -2%, I will have $94.11 at the end of 3 years. I have tried to compile the funds that are named like fixed income instruments. I could have inevitably missed many other bond funds. Apologies on that. AIGIF SINGAPORE BOND FUND Bid to offer returns: 3 years: -0.7% 5 years: 1.8% ABN AMRO STAR EUROPE BOND Bid to offer returns 3 years: -1.6% 5 years: -0.9% DBS ASIA BOND FUND SGD (CL A) (only up to 3 years data) Bid to offer returns: 3 years: -3.9% 5 years: NA UOB UNITED INTERNATIONAL BOND FD Bid to offer returns: 3 years: -2% 5 years: -0.1% Read more...