WiseIncome Portfolio

The Fund manager holds about 30% of the sub-fund in Global Equities (made up of passive index tracking ETFs), 30% in Singapore REITs, 28% Asian Credit (mostly investment-grade Asian corporate bonds), 10% in Singapore Government Bonds and 2% in cash.

Unlike its peers, the portfolio is constructed with a strategic asset allocation strategy, which means that the weights of the underlying funds are unlikely to change although the fund manager has the discretion to allow a drift of +/- 5% deviation from the portfolio’s target allocation (+/-10% between the two large asset classes in times of extreme market conditions)  for efficient portfolio management.

There is no option to change the asset allocation for this portfolio.

While Insurance Retirement income plans and Wiseincome are both designed to meet your retirement needs through distributing regular payouts, there are some advantages of using WiseIncome over Insurance Retirement Income plans to supplement your retirement income.

WiseIncome has no lock-in period and does not impose charges for early withdrawal. With WiseIncome, there is no need to pay for additional costs related to insurance coverage and this savings will result in higher returns in the long run.

However, Insurance Retirement Income plans could be suitable for those who are looking for insurance coverage and for those who want some level of guarantees in their payouts.

To determine which solution would be more suitable for you, please reach out to your MoneyOwl Client Adviser who will be able to give you an objective recommendation. All MoneyOwl Client Advisers are fully salaried and do not receive any product commissions and you can rest assured that your assigned adviser will only act in your best interest.

There are three basic needs in retirement – a fully paid roof over your head, medical insurance to pay for your healthcare costs and a stream of lifelong income for your living expenses. In Singapore, most of us can depend on CPF LIFE to provide us with a stream of income of up to $2,000 per month in today’s dollar for life.

For those who need a higher level of income, WiseIncome was specially designed to provide a regular income stream to supplement your CPF LIFE payouts.

In addition, depending on your choice of the three payout options available, WiseIncome helps you to achieve a balance between asset growth, income generation and capital preservation for your loved ones.

• You can choose to grow and reinvest your payouts to accumulate your wealth through the underlying assets which include global equities, Asian bonds, S-REITs and Singapore Government Securities (SGS).
• You can also choose to start receiving a quarterly dividend of about 4.5%* p.a. of your portfolio value while preserving your capital as much as possible.
• If maximising your dividend is what you want, choose to receive a fixed 8% p.a. of your portfolio value. This option however may result in withdrawing from your capital which will reduce your portfolio value over time.

What’s more, if you come across a sudden emergency that requires a large sum of money, you can also withdraw your investments partially with no lock-in period or penalties.

*While the fund manager intends to distribute 4.5% p.a. payout for the R share class, the fund manager has the discretion to deviate from this including reducing payout to achieve sustainability of the fund in the interest of unit holders, or alternately, paying a higher rate of up to 4.8% p.a. in some years.

Please refer to Fund Prospectus or Product Highlights Sheet for more information.

WiseIncome was designed to complement your CPF LIFE payouts by providing you a stream of stable and sustainable quarterly payouts, so that you can enjoy your golden years with meaning and purpose.

With WiseIncome, you can:

Invest with whom you can trust

A solution put together by Fullerton Fund Management, a Temasek subsidiary, and MoneyOwl, an NTUC social enterprise, two strong Singapore companies with a deep heritage of care, expertise and stability.

Earn from broad sources of returns

As a multi-asset fund, WiseIncome provides income payouts and potential capital appreciation from broad sources of returns such as global equities, Asian bonds, S-REITs and US/Singapore government bonds which are triple-A rated for added stability.

Vary payouts according to your needs

You have the flexibility to choose from three payout options to suit your needs at different stages of your life. Choose to either reinvest your dividends to grow your nest egg or start to receive passive income today at one of two payout levels available.

Enjoy one of the lowest fund expenses

WiseIncome has a very competitive fee structure among similar funds in the market. It has one of the lowest fund level expenses, no sales charge and no hidden trailer commissions. Thus, for every 1% p.a. you can save in fees through WiseIncome is 1% p.a. more in returns for you!

Fullerton Fund Management, a subsidiary of Temasek Holdings, is an Asia-based investment specialist with 16 years of experience in managing investments across multiple asset classes. Through this partnership, we were able to co-create a multi-asset income distributing fund that is aligned with MoneyOwl’s investment philosophy of focusing on strategic asset allocation, broad diversification and at the lowest cost possible.

Fullerton is also aligned with MoneyOwl’s social mission to provide low-cost fit for purpose solutions to the mass market with their commitment of having one of the lowest annual management fees within this class of funds.

MoneyOwl launched Wiseincome with the objective of providing a robust yet low-cost retirement income investment solution for the mass market to complement CPF LIFE, as well as a fuss-free option for non-retirees who wish to have passive income.

WiseIncome can also serve as alternative accumulation strategy for those who are suitable for a balanced portfolio and prefer a passive approach for equity investing.

WiseIncome complements our other savings and investment solutions that have been carefully curated and designed to meet different financial planning needs.

For example, our Dimensional portfolios were designed to give the highest probability of a successful investment experience for those looking to grow and accumulate their wealth over the long term. WiseSaver was designed for those looking for a safe place to park their emergency funds in a cash-like instrument with almost no market volatility.

The Fullerton MoneyOwl WiseIncome (referred to WiseIncome for short) is a multi-asset unit trust incorporated in Singapore as a sub-fund under the Fullerton Fund. It is co-designed by Fullerton Fund Management, a Temasek subsidiary and MoneyOwl, an NTUC social enterprise.

The fund aims to generate regular income and long term capital appreciation for investors. Depending on the relevant distributing class, WiseIncome intends to declare out of the income and/or capital of the Sub-Fund quarterly distribution (up to 4.8% p.a.), which are not guaranteed (but in fund manager’s absolute discretion); or a fixed quarterly payout (8% p.a.). Distributions may reduce the Sub-Fund’s NAV.

Please refer to Fund Prospectus or Product Highlights Sheet for more information.