Singlife’s rebranded investment platform allies with BlackRock to produce tri-offering
More investment solutions are to be expected in the coming months.
GROW with Singlife, the integrated investment platform of Singlife, launched GROW x BlackRock Trio, a suite with three distinct investment products aimed at assisting investors in growing their wealth during challenging market conditions.
The insurer said the trio is timely given the global economic volatility characterised by rising inflation, interest rates, and geopolitical tensions. In this uncertain climate, investors seek products that preserve their capital while striving to generate sustainable returns to meet their long-term financial objectives.
The GROW x BlackRock Trio products address these requirements by providing investors with targeted exposure to various asset classes. GROW customers will have exclusive access to all three funds within the GROW x BlackRock Trio portfolio.
ALSO READ: Singlife revamps investment platform to GROW
The investment choices within the Trio include:
- BlackRock Strategic Funds – Systematic Asia Pacific Equity Absolute Return Fund A2 SGD-Hedged: This is an alternative fund with broad exposure to Asian equity markets, designed to deliver consistent, low-volatility positive returns, irrespective of market fluctuations. The fund offers access to a liquid alternative strategy with a minimum investment of just S$200.
- BlackRock Global Funds US Dollar Short Duration Bond Fund A10 SGD-Hedged: A fixed-income fund that primarily invests in high-quality short-term USD bonds, providing investors with diversified income sources and overall portfolio resilience. The fund aims to provide investors with a stable monthly distribution.
- BlackRock Circular Economy Fund A5G SGD: This global cross-sector thematic equity fund focuses on companies leading the way in the transition to a net-zero carbon future. The fund's thematic exposure to sustainability is expected to complement long-term earnings growth. It offers a quarterly distributing share class, in addition to capital appreciation from equity investments.
The GROW x BlackRock Trio began its initial public offering on 18 September and is set for an official launch on 11 October.
Both GROW and BlackRock signed a Memorandum of Understanding on 11 August 11 to introduce a diverse range of investment solutions tailored to a broad investor base.
The insurer said more investment solutions are expected of this partnership.