It is the first time the Aria fund, which the company said is currently yielding 4.25% in SGD terms, has been made available in Asia to both local and expat investors.
The fund is domiciled in Luxembourg and is Ucits IV compliant. It has been registered with the Monetary Authority of Singapore for sale under the Restricted Foreign Funds scheme.
Aria said the fund offers clients a yield solution in uncertain markets. David Barclay-Miller, founder and head of sales, said: “Singapore is a very interesting market with great potential. The fund has already proven to be quite popular with expatriate IFAs in the region and after consulting our clients in Singapore, we have decided to launch the SGD share class to make it even more accessible to clients who choose to hold their assets in SGD.”
