Featured Fund

PUBLIC ASEAN GROWTH FUND (PASGF)
Fund Objective
To achieve capital growth over the medium to long-term period by investing in a portfolio of investments in ASEAN markets.
3-Year
Fund Volatility
9.3
moderate
Lipper Analytics
10 Jun 2024
Launch Date
26 October 2017
Performance of PASGF vs its Benchmark Index Over the Following Periods Ended 28/06/2024
PASGF (%) Benchmark (%) PASGF (%) Benchmark (%)
Total Return Annualised Return
-5.09 2.05 -5.09 2.05
7.87 18.77 2.56 5.91
12.82 1.74 2.44 0.34
- - - -
17.06 7.47 2.41 1.09
*Source: Lipper, as at 28 Jun 2024
Performance of PASGF and Benchmark Index (Since Fund Commencement* to 28/06/2024)
Benchmark: FTSE/ASEAN 40 Index
* Commencement Date - 15 November 2017


  • Public ASEAN Growth Fund (PASGF or the Fund) seeks to achieve capital growth over the medium to long-term period by investing in a portfolio of investments in the ASEAN markets.
  • As at 31 May 2024, 94.6% of PASGF’s net asset value (NAV) was invested in equities while 5.4% of its NAV was invested in money market instruments. The Fund focused on the financial, consumer, industrial and diversified sectors across the ASEAN markets.
  • From its commencement on 15 November 2017 to 31 May 2024, the Fund registered a return of +14.65% to outperform its benchmark’s return of +6.24%. This outperformance was led by the Fund’s selected investments in the financial and consumer sectors which are leveraged to the resilient domestic demand and consumer spending within the ASEAN region.
  • For the 5-year period ended 31 May 2024, the Fund registered a return of +16.51% to outperform its benchmark’s return of +6.37%.
  • Going forward, the Fund may continue to be positioned in selected financial and consumer stocks which stand to benefit from the resilient economies and sustained consumer spending within the ASEAN region.


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