iFAST SGD Enhanced Liquidity A SGD

The Sub-Fund aims to preserve capital and enhance income and provide investors with a high level of liquidity by investing in a broadly diversified portfolio of high quality debt instruments, money market funds and deposits with financial institutions.

iFAST Research Team
iFAST Research Team09 Sep 2026 19 Views
iFAST SGD Enhanced Liquidity A SGD
2026 | 2025 

  • The fund seeks to preserve capital, enhance income and provide investors with a high level of liquidity by investing in a broadly diversified portfolio of high-quality debt instruments, money market funds and deposits with financial institutions.
  • The fund targets to maintain a weighted average portfolio rating of A-, as well as a weighted average duration of around 12 months. Its benchmark is the 12-week MAS Bill Yield. This benchmark is used solely for performance comparison. As of 31 March 2026, the portfolio’s weighted average duration was much more conservative at 0.35 years.
  • Portfolio allocation is grounded in a conservative approach to investing, in line with the fund’s key objectives of capital preservation and high liquidity.
  • The fund’s largest positions are in SGD-denominated instruments, in line with its investment objectives. As of 31 March 2026, the fund held 29 holdings.  
  • Moving forward, the investment team expects short-term rates to remain elevated amidst a period of potential inflationary pressure. This environment would help to anchor short-term rates and support the fund in continuing to deliver solid yields for a low level of risk.


Fund Investment Style

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Source: Bloomberg Finance L.P., iFAST Compilations
Monthly total returns including gross dividends in SGD terms as of 31 Mar 2026

Recommended fund

 Annualised return since inception

Maximum drawdown since inception

Downside Deviation since inception

Risk-return ratio since inception

iFAST SGD Enhanced Liquidity A SGD

2.5%

0.0%

0.0%

N/A*

Peer Average

2.4%

0.0%

0.0%

N/A*

*Not meaningful due to low drawdown and downside deviation figures, especially for Fullerton SGD Cash Fund.
Source: Bloomberg Finance L.P., iFAST Compilations. Monthly total returns including gross dividends in SGD terms as of 31 Mar 2026

About the Fund Managers

Kenny Tjan has managed the fund since it was incepted in March 2024. He has over 30 years of experience in the management of collective investment schemes. The investment team currently has 9 members which has worked together since 2022.

The team focuses primarily on its core objectives of preserving capital while providing investors with a high level of liquidity. Yield enhancement is also a secondary investment objective, but only if capital preservation and liquidity can be simultaneously achieved. In respect of these objectives, the team will invest in a diversified portfolio of high-quality fixed income instruments, while closely monitoring its holdings in liquid assets so it can meet its liquidity objectives.

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