Shares & Derivatives
ABF Singapore Bond Index Fund Dividend (July 2024)
By Turtle Investor  •  July 9, 2024
With a fund size of almost SGD $1 billion, the ABF SG Bond ETF is the go-to instrument to gain access to one of the world’s highest-yielding AAA-rated government bonds. Most recently, our Singapore domestic bond index tracker, ABF Singapore Bond Index Fund, declared its dividend payout of SGD $0.0124 for July 2024, which is the exact same amount that was declared in January 2024. Overview – ABF Singapore Bond Index Fund As the first-ever exchange-traded fund (ETF) bond fund in Singapore, it invests in the constituents of the iBoxx ABF Singapore Bond Index. This means that it tracks a basket of high-quality bonds issued primarily by the Singapore government and quasi-Singapore government entities such as Temasek, SP Group, Land Transport Authority and Housing Development Board. The ABF Singapore Bond Index Fund listing date on the SGX is 31 August 2005. Traditionally, bond ETFs typically offer investors haven status amidst market volatility, such as the Covid-induced crash....
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By Turtle Investor
Hello there! I am Kevin and the author behind the Turtle Investor blog. At age 37, I hit CPF Full Retirement Sum (FRS) of $176,000 on the last day of 2019, twelve years after graduating from university. I am married and owns a 4-room apartment. I continue to be gainfully employed to build up my portfolio and provide my loved ones with better lives. Leaving everything behind and transitioning to a digital nomad life in Bali remains an option but not something that I’m actively pursuing now 🙂
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