Here’s the difference a low cost advantage makes to cost savings

Select a TER  

1.0%

p.a.

1.5%

p.a.

2.0%

p.a.

Here's how much you pay

over 20 years, based on a initial investment of $1,000,000 compared with a TER of 0.5% p.a.

$

190,272.13

Selected TER 1.0% p.a.

$

99,912.57

LionGlobal All Seasons Fund 0.5% p.a.

Here’s the difference a low cost advantage makes to cost savings

$

90,359.56

Enough to provide for a monthly expenditure of $3,000 over the next 2 years and 6 months.

The above scenarios are for illustration purpose only. Past performance, as well as any prediction, projection or forecast on the economy, securities market or the economic trends of the markets are not necessarily indicative of the future or likely performance of the funds. Calculations based purely on costs with no market movement or investment returns.

Discover how we do it

Low-Cost

When every dollar of cost is an investment dollar lost, a sensible investor should keep watch on the ongoing cost of owning a unit trust.

The LionGlobal All Seasons Fund is built with 3 different cost advantages:

1

Underlying LGI-managed funds management fees are fully-rebated into the LionGlobal All Seasons Fund.

2

The fees charged by LionGlobal All Seasons Fund include a low management fee of 0.25% p.a.

3

The Total Expense Ratio* is capped at 0.5% p.a. Expenses beyond 0.5% p.a. are borne by Lion Global Investors.

Industry average *TER 1.5% p.a.

LionGlobal All Seasons Fund TER 0.5% p.a.

*TER (Total Expense Ratio) is the sum of various identified operating expenses charged on an ongoing basis to the fund’s assets as a percentage of the fund’s average net asset value calculated over a 12-month period at the close of the annual and semi-annual financial statements of the fund. TER of 1.5% p.a. is based on Morningstar Benchmark Global Flexible Allocation as at 31 July 2019.

Simple

We built the LionGlobal All Seasons Fund to cover a range of risk appetites in a simple way.

LionGlobal All Seasons Fund

Standard

For investors with lower risk tolerance and who aims to preserve wealth

30%

70%

Growth

For investors with higher risk tolerance and who aims to grow wealth

30%

70%

Bonds
  • LionGlobal Singapore Fixed Income Investment
  • LionGlobal Asia Bond Fund
  • LionGlobal Short Duration Bond Fund

Equities
  • Vanguard S&P500 ETF
  • DB x-trackers Euro Stoxx 50 ETF
  • Lyxor Core Stoxx Europe 600 DR ETF
  • LionGlobal Asia Pacific Fund
  • LionGlobal Japan Growth Fund

Source: Lion Global Investors, as of 31 Mar 2019. Securities referenced are not intended as recommendations to buy or sell securities. Opinions and estimates constitute our judgment and along with other portfolio data, are subject to change without notice.

Diversified

We believe in sensible diversification done at three levels.

Investment Style

We diversify across active funds and passive ETFs for cost-efficient access.

Asset Classes

We diversify across equities and bonds to help us stay invested across all seasons.

Underlying Strategies

We employ range of underlying components which provide global diversification.

About the Fund

Capture Opportunities through a Globally Diversified Fund
Aims to generate capital appreciation over the long term by investing primarily in a diversified portfolio of active funds and ETFs The total expense ratio for the LionGlobal All Seasons Fund(Growth) and LionGlobal All Seasons Fund (Standard) will be capped at 0.50% p.a. Any expense beyond 0.50% p.a. will be borne by the Manager.
Select a fund

Standard

Growth

LionGlobal All Seasons Fund (Standard)

The Fund targets a below average level of portfolio risk and will be invested in a mix of asset classes that aims to suit an investor with a below average tolerance for risk.

For investors with lower risk tolerance
Asset Allocation
30% 70%
Bonds Equities
Fund Performance
Fund Documents

About Us

LGI Direct

LGI Direct is a microsite brought to you by Lion Global Investors Limited, a well-established asset management company based in Singapore. Through the microsite, investors can learn more about our funds and subscribe to these funds directly through our participating partners. Currently, only the LionGlobal All Seasons Fund and LionGlobal Disruptive Innovation Fund are featured in this portal.

Lion Global Investors Limited

Lion Global Investors Limited, a member of the Oversea-Chinese Banking Corporation Limited (OCBC) Group, is one of the largest asset management companies in Southeast Asia. Established in 1986, we are uniquely positioned to offer innovative investment solutions to serve the needs of both institutional and retail investors.

Participating

Partners

LionGlobal All Seasons Fund

Go direct with

Contact our partners

These links are provided for your convenience and informational purposes only. If you click on any of these links, you will be redirected to the external website of a third party. Please note that the external websites are independent of this website. Lion Global Investors Limited makes no representations, accepts no responsibility for the content, security and privacy policies or the use of the external websites or for that of subsequent links and shall not be liable for any loss or damages caused or alleged to be caused by or in connection with the use of or reliance on any such content, goods or services available on or through the external websites or its subsequent links. Please contact the external website for answers to questions regarding its content. If you do not wish to continue to any of the external websites, please close or use the Back button on your web browser.

Frequently Asked Questions

The Fund is a globally-diversified balanced fund that is accessible to all investors. The Fund offers a clear cost advantage whereby the cost of investing* is capped at 0.50% per annum (p.a.). The Fund is designed for SGD-based investors and utilizes both passive and active strategies to better weather business cycles. The Fund is also tailored for different risk profiles: there are two portfolios – Standard portfolio for lower risk appetite and Growth portfolio for higher risk appetite.

*Cost of investing refers to TER (Total Expense Ratio). The total expense ratio (TER) is the sum of various identified operating expenses charged on an ongoing basis to the fund’s assets as a percentage of the fund’s average net asset value calculated over a 12-month period at the close of the annual and semi-annual financial statements of the fund.


The Fund aims to generate capital appreciation over the long term by investing primarily in a diversified portfolio of active funds and Exchange Traded Funds (ETFs), across different geographical regions and asset classes. There are two portfolios for the Fund – Standard and Growth.

The Standard portfolio targets a below average level of portfolio risk and will be invested in a mix of asset classes that aims to suit an investor with a below average tolerance for risk.

The Growth portfolio targets an above average level of portfolio risk and will be invested in a mix of asset classes that aims to suit an investor with an above average tolerance for risk.


Active management involves having fund managers spotting the best opportunities, with the aim of outperforming the market compared to a specific benchmark. Active fund managers are backed by resources such as a team of researchers and analysts to provide them with the best chance of outperformance.

Passive management does not involve stock picking as it mirrors the investment holdings on an index and its performance. With passive management, costs of management are reduced as there is no need for extensive research, and hence passively managed funds are generally cheaper to purchase than active ones.


Our strategy seeks to combine the benefits of passive and active investing. The Fund will utilize active managers in markets that are less efficient where there are opportunities for outperformance and passive ETFs where markets are more efficient.


The total expense ratio (TER) is a measure of the cost of investing (of a fund) to the investor. The total expense ratio (TER) is the sum of various identified operating expenses charged on an ongoing basis to the fund’s assets as a percentage of the fund’s average net asset value calculated over a 12-month period at the close of the annual and semi-annual financial statements of the fund. The size of the total expense ratio (TER) is important to investors as the costs come out of the fund, affecting investors' return.

For example, if a fund generates a return of 7% for the year, but has a TER of 2%, the 7% gain is greatly diminished, to about 5%.


These are two portfolios created to cater to different risk appetites. For Growth, there will be a higher exposure to equities - 70% allocation to equities and 30% to bonds. For Standard, it will be the opposite, - 70% allocation to bonds and 30% to equities. Both portfolios have customized reference benchmarks to reflect the different risk profiles.


The management fee is 0.25% p.a. Coupled with a cap of 0.5% p.a. for TER, we are able to produce a cost advantage of 1.0% p.a. (absolute difference) over the industry average of 1.5% p.a. (Morningstar category: Global Flexible Allocation, 31 December 2017).


We are able to achieve cost advantage by keeping our management fee low and avoiding charging two layers of management fees. We are also able to persuade our service providers to partake in our low-cost exercise.


No, the management fee of 0.25% p.a. is charged only once, as the underlying active funds’ management fees will be fully rebated**. This rebate will be done on a monthly basis.

**Rebate will only be for underlying Lion Global Investors’ funds.


The strategy will utilize active allocation with risk-based rebalancing to improve risk-adjusted returns. This active allocation serves two functions – to bring portfolios back to intended allocations and adjust portfolios as economic outlook and risk aversion change.


Instead of following the typical market capitalization benchmark allocation, we are utilizing GDP-weighted equity allocation. Our view is that global equity allocation based on market capitalization is concentrated in US equity and is not reflective of global GDP contribution. A GDP-weighted equity allocation better captures the growth potential of growth areas in the world for example, China.


Currency hedging is performed to minimize foreign exchange risk of the bond allocation. Since the portfolio is designed for SGD investors, SGD-hedging reduces investors’ exposure to other currencies.


The portfolios will be rebalanced actively to adapt to changes in market environment.


Firstly, the total expense ratio of the Fund is capped at 0.5% p.a., which is significantly lower than other similar global funds. For an investor, this cost saving alone would lead to higher return through compounding effect over time.

Secondly, the Fund also offers a low minimum investment amount of SGD100.

Thirdly, the Fund combines active and passive strategies so as to utilize active managers in markets where there are opportunities for outperformance and passive ETFs where markets are more efficient.


The minimum initial investment amount is SGD100.


The management fee is 0.25% p.a. for both Standard and Growth portfolios.


There is only one share class for both Standard and Growth portfolios – SGD Class (Accumulation).


This Fund is not positioned to be a dividend-paying fund so we do not intend to make any distributions.


For any interest in purchase or sales of units of the Fund, please contact our participating partners.


For more information about the Fund, please visit the fund page or contact our participating partners here.