In partnership with JPMorgan Asset Management (JPMAM), the integrated investment platform GROW with Singlife, part of financial services company Singlife, has extended its product offerings to include an exclusive share class of the JPMorgan Global Research Enhanced Index Equity Fund.
By combining the advantages of both active and passive investment, this creative solution which is available only on the Central Provident Fund (CPF) Investment Scheme, offers Singaporean investors an efficient approach to save for their long-term retirement.
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Investing over decades, as opposed to just a few months or years, requires a worldwide equity allocation within a diversified portfolio, which is especially important for long-term goals. A passive strategy, however, restricts the potential to generate excess profits over market performance.
The fund is a global equities solution that combines active and passive strategies in an effort to provide positive alpha while maintaining an overall risk profile that is comparable to the underlying benchmark.
It has been in operation for more than 20 years, is a component of JPMAM’s global Research Enhanced Index (REI) strategy, which leverages stock-specific insights with an emphasis on cost effectiveness and risk management.
Using the knowledge of more than 80 research analysts across the globe, JPMAM actively manages a large number of small holdings in the portfolio, underweighting companies that are less compelling from a bottom-up standpoint and overweighting equities that their analysts deem particularly attractive.
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By GlobalDataIn addition, the fund accomplishes this by keeping regional, industry, and style exposures as near to the index as practicable.
Moreover, GROW’s platform now offers an exclusive share class of the Fund under the CPF Investment Scheme, enabling investors to leverage their CPF savings for retirement, with cost savings and higher net returns.
Tim Wong, head of product at GROW with Singlife, said: “At GROW with Singlife, we understand the importance of long-term investing for retirement in Singapore. The JPMorgan Global Research Enhanced Index Equity Fund is a compelling option for investors looking to stretch their CPF savings by investing in a globally diversified equity portfolio, combining the best qualities of active and passive investing.”
Jacklyn Goh, head of Singapore Intermediaries at JPMorgan Asset Management, added: “We are excited to partner with GROW with Singlife to launch the JPMorgan Asset Management Global Research Enhanced Index Equity Fund CPF share class. This partnership will give CPF investors unique access to a cost-efficient fund with a demonstrated track record of outperforming the benchmark.”
