Below are key highlights for the week ending 10 October 2014 (please click on the attachment or further detail):
- The SFI gained 0.29% to 118.99.
- YTD, the SFI currently outperforms the STI by 1.64%.
- Gains in the SFI were again largely driven by government bonds (SFI Government Bond Index; +0.43%). The SFI Government Bond Index has risen for three consecutive weeks.
- Yield-to-maturity (YTM) for government bonds is currently 2.19%; YTM has ranged between 2.10% to 2.41% in 2014.
- The proportion (by market value) of government bonds within the SFI has reduced, from 68% in January 2014 to its current level of 62%. Proportions of corporate and statutory board bonds have risen from 13% and 19% to 16% and 22% in the same time period.
- YTD, the Singapore Dollar has depreciated 0.91% against the US Dollar. In the same period, the SFI gained 3.42%.
SFI Returns
|
Index |
Total Return (%) |
Interest Yield (%) |
||
|
Week |
MTD |
YTD |
Current |
|
|
SFI |
0.29% |
0.61% |
3.42% |
2.84% |
|
SFI Government Bond Index |
0.43% |
0.93% |
3.15% |
2.61% |
|
SFI Corporate Bond Index |
0.05% |
0.11% |
3.84% |
3.21% |
|
- SFI Statutory Board Bond Index |
0.13% |
0.15% |
3.26% |
2.29% |
|
- SFI Industrial Bond Index |
-0.01% |
0.12% |
4.28% |
4.07% |
|
- SFI Financial Bond Index |
0.00% |
0.04% |
4.26% |
3.75% |
|
SFI 1-3 Year Bond Index |
0.08% |
0.14% |
1.14% |
2.75% |
|
SFI 3-5 Year Bond Index |
0.23% |
0.43% |
2.35% |
2.58% |
|
SFI 5-7 Year Bond Index |
0.35% |
0.60% |
4.00% |
2.92% |
|
SFI 7-10 Year Bond Index |
0.46% |
0.93% |
5.27% |
2.92% |
|
SFI 10+ Year Bond Index |
0.45% |
1.31% |
5.87% |
3.17% |
|
Equity Benchmark: Straits Times Index1 |
-0.90% |
-1.61% |
1.78% |
N/A |
Source: Thomson Reuters Datastream (data as of 13 October 2014)
1Performance is measured on a price return basis for the Straits Times Index.
