Posted on August 5, 2009 - by Martin Lee

MyHome Fund Launched by POSB

Photo by Francisco Belard

POSB yesterday announced the launch of MyHome Fund, a fund that allows investors to gain exposure to Singapore bonds and equities by investing into two Exchange Traded Funds (ETFs) – DBS Singapore STI ETF and ABF Singapore Bond Index Fund.

MyHomeFund is a mid to long term investment and there are currently two portfolios to choose from:

• HomeSteady which has a 80% allocation to ABF Singapore Bond Index and 20% allocation to DBS Singapore STI ETF
• HomeBalanced which has a 50% allocation to ABF Singapore Bond Index and 50% allocation to DBS Singapore STI ETF

The newspapers reported another Growth portfolio with a 80% equity – 20% bond allocation but I couldn’t find it in the announcement or the product brochure. Perhaps the Growth portfolio has been postponed. Read more…

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