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        Looking for Broader, Diversified Opportunities in 8 Asian Markets Through One Single Trade?

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        Why Invest in Asian Local Currency Bonds?

        Favourable Risk-Return Profile

        The macro fundamentals of many Asian governments remain robust, and they will likely continue to be a growth driver of the global economy. Investors, therefore, have an opportunity to obtain a good yield without taking on excessive risk. In fact, Asian bonds have historically demonstrated a risk-return profile that is proportional to that of US Treasuries.

        Potential for Additional Yield via Local Currency Appreciation

        We expect local currency exposure to diversify returns, with the opportunity for appreciation moving forward. 

        A 'Back to Basics' Diversified Portfolio Construction Strategy

        In an increasingly interconnected world, correlations between Asian local currency bonds and other major asset classes have inevitably risen. Still, they remain low enough to allow such assets to add valuable diversification benefits to investors' portfolios.

        Why PAIF?

        PAIF: The First Regional Asian Fixed Income ETF in the Region1

        The ABF Pan Asia Bond Index Fund (PAIF) can help you to broaden your investment exposure.

        One Single Trade

        Easy to trade, relatively low-cost and accessible on stock exchanges in Hong Kong and Tokyo.

        Cyclist

        Eight Asian Markets

        Invest in eight Asian markets - China, Singapore, South Korea, Malaysia, Thailand, Hong Kong, Indonesia and Philippines -  and this unique blend of growth engines in Asia gives investors a broad exposure and opportunities.

        child in tree

        Diversification Strategies

        Thoughtful index construction that aims for quality, liquidity, and diversification, has made PAIF attractive to some investors seeking income generation and capital growth through compounding. This fund has been a long-term holding for many investors.

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        Fund Facts

        #1

        The first regional Asian local currency bond ETF in the region. 1

        A+

        PAIF’s portfolio has an average credit quality of A+. 2

        19+ Yrs

        With an 19+ year track record of well-established portfolio management.

        Fund Information

        More Insights

        For more information about PAIF, contact us.

        This advertisement or publication has not been reviewed by the Monetary Authority of Singapore (the "MAS"). 

        The ABF Pan Asia Bond Index Fund (the 'PAIF') is an authorized unit trust in Hong Kong and Singapore only. Authorization does not imply official recommendation. Nothing contained here constitutes investment advice or should be relied on as such. Past performance of PAIF is not necessarily indicative of its future performance. The prospectus for PAIF is available and may be obtained from State Street Global Advisors Singapore Limited (the "Manager") (Singapore Company Registration number: 200002719D, regulated by the MAS) and authorized participants. Investors should read the prospectus before deciding whether to acquire units in PAIF. The value of units in PAIF and accruing to such units, if any, may fall or rise. The semi-annual distributions are dependent on PAIF's performance and are not guaranteed. Redemption of PAIF’s units could only be executed in substantial size through designated dealers and the listing of PAIF on the Stock Exchange of Hong Kong Limited and the Tokyo Stock Exchange (the 'Stock Exchanges') do not guarantee a liquid market for the units, and PAIF may be delisted from the Stock Exchanges. The Fund's Prospectus is available from State Street Global Advisors or can be downloaded from www.abf-paif.com*.

        All the information contained in this website is from SSGA and as of date indicated unless otherwise noted.

        The information contained in this website is issued by State Street Global Advisors Singapore Limited. The whole or any part of this work may not be reproduced, copied or transmitted or any of its contents disclosed to third parties without SSGA's express written consent. This website and the information contained herein may not be distributed and published in jurisdictions in which such distribution and publication is not permitted.

        All forms of investments carry risks, including the risk of losing all of the invested amount. Such activities may not be suitable for everyone.

        The information provided does not constitute investment advice and it should not be relied on as such. It should not be considered a solicitation to buy or an offer to sell a security. It does not take into account any investor's particular investment objectives, strategies, tax status or investment horizon. You should consult your tax and financial advisor. All material has been obtained from sources believed to be reliable. There is no representation or warranty as to the accuracy of the information and State Street shall have no liability for decisions based on such information.

        Bonds generally present less short-term risk and volatility than stocks, but contain interest rate risk (as interest rates rise, bond prices usually fall); issuer default risk; issuer credit risk; liquidity risk; and inflation risk. These effects are usually pronounced for longer-term securities. Any fixed income security sold or redeemed prior to maturity may be subject to a substantial gain or loss.

        Diversification does not ensure a profit or guarantee against loss.

        ETFs trade like stocks, are subject to investment risk, fluctuate in market value and may trade at prices above or below the ETFs net asset value. Brokerage commissions and ETF expenses will reduce returns. Frequent trading of ETF's could significantly increase commissions and other costs such that they may offset any savings from low fees or costs. 

        The investment objective of PAIF is to provide investment results that closely correspond to the performance of its benchmark index. The primary driver of investment decisions is the objective of generating returns to meet the investment objective. Climate change analysis does not form part of the security selection process and climate-related risk is not a factor applicable to PAIF being able to meet its investment objective.

        The Markit iBoxx ABF Pan-Asia Index referenced herein is the property of Markit Indices GmbH and is used under license. The PAIF is not sponsored, endorsed, or promoted by Markit Indices GmbH or any of its members.

        State Street Global Advisors Singapore Limited: Singapore address: 168 Robinson Road, #33-01 Capital Tower, Singapore 068912 (Company Reg. No: 200002719D, regulated by the Monetary Authority of Singapore). Telephone: +65 6826-7555. Facsimile: +65 6826-7501.

        Web: www.abf-paif.com

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