Fullerton Fund Management, one of the first three asset managers appointed by the Monetary Authority of Singapore (MAS) under its S$5 billion ($3.8 billion) Equity Market Development Programme (EQDP), has rolled out the first retail fund under the scheme.
The Fullerton Singapore Value-Up fund will invest exclusively in Singapore-listed securities across large-, mid-, and small-caps, including IPOs and secondary listings, according to a company statement.
Managed as a high-conviction portfolio of 20-40 stocks, it aims to outperform the FTSE Straits Times All-Share Total Return Index through active engagement with companies on transformative journeys, including restructuring, share buybacks, dividend enhancements, and improvements in profitability.
Fullerton emphasises a flexible, sector-diverse mandate, with exposure to financials, industrials, and real estate, including dividend-paying stocks. Both accumulation and distribution share classes will be available for retail and institutional investors.
The launch reflects Fullerton’s optimism for Singapore equities, supported by government initiatives to boost capital efficiency, deepen liquidity, and strengthen corporate governance. Ng Yao Loong, Head of Equities at SGX, said the Fund “offers retail investors a unique opportunity to co-invest, alongside institutional capital, in companies that are transforming for the future”.
“DBS sees a real opportunity to help more people to stay invested and diversify their investment portfolios,” said the bank’s head of investment products, James Tan. He added that the Fund “will not only make investing more accessible to retail investors but also enable them to unlock opportunities in the Singapore equities market, which is gaining traction”.
Jenny Sofian, CEO of Fullerton Fund Management, said the strategy is designed for investors seeking actively managed, total-return outcomes through a manager deeply rooted in Singapore with proprietary research and on-the-ground experience.
The fund is available under the Collective Investment Scheme to retail, accredited, and institutional investors in Singapore and other markets.
