Singlife, BlackRock Launch Solution to Boost Investor Wealth During Economic Volatility

SINGAPORE, October 02, 2023 – GROW with Singlife, an integrated investment platform under homegrown financial services company Singlife, announced last week the launch of GROW x BlackRock Trio, a suite of three unique investment products designed to help investors grow their wealth in a challenging market.

The GROW x BlackRock Trio is a timely initiative, brought in amid global economic volatility, with rising inflation, interest rate fluctuations, and geopolitical tensions creating headwinds for investors. In this environment, investors are looking for investment products that can help them to preserve their capital while aiming to generate sustainable returns to achieve their long-term financial goals. The products within GROW x BlackRock Trio are designed to meet these needs by offering investors targeted exposure to various asset classes.

GROW customers will be able to access all three funds in the GROW x BlackRock Trio portfolio through an exclusive offering. The investment options in the Trio are:
• BlackRock Strategic Funds – Systematic APAC Equity Absolute Return Fund A2 SGD-Hedged, an alternative fund that invests broadly across Asian equity markets that seeks to deliver consistent, low-volatility positive returns, regardless of market fluctuations. This 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 which invests in high-quality short-term USD bonds, offering investors diversified income sources and overall portfolio resilience. The fund seeks to offer investors a stable monthly distribution.
• BlackRock Circular Economy Fund A5G SGD, a global cross-sector thematic equity fund that invests in companies at the forefront of the net-zero carbon transition. The fund’s sustainability thematic exposure is expected to complement earnings growth over the long run. The fund provides a quarterly distributing share class, in addition to capital appreciation from equity investments.

“Given the complexity of today’s macroeconomic conditions, safeguarding and nurturing investments has never been more important,” said Akhil Doegar, CEO, GROW with Singlife. “Diversification is always the key. Leveraging BlackRock’s leadership in investment solutions, we are delighted to introduce a robust trio of financial products.”

Deborah Ho, country head of BlackRock in Singapore and head of Southeast Asia added: “Collaborating with GROW with Singlife allows us to serve the holistic needs of our clients. We are committed to providing access to innovative products, global insights and risk management capabilities which will ultimately empower investors to create and maintain better portfolios.”

The GROW x BlackRock Trio is the first of many investment solutions that GROW and BlackRock have in the pipeline in the coming months. This public offering commenced on September 18, is officially set to launch on October 11, 2023.