Key highlights for the week ending 21 November 2014
- The SFI gained 0.10% to 119.55.
- YTD, the STI currently outperforms the SFI by 1.70%.
- The SFI and major sub-indices ended the week higher. Gains were largely driven by corporate bonds, with the SFI Corporate Bond Index gaining 0.18%.
- Interest Yield (IY) for corporate bonds is currently at 3.23%. The IY spread between corporate and government bonds has been trending upwards from an all-year low of 43 basis points to 65 basis points currently.
- YTD, corporate bonds (SFI Corporate Bond Index) has gained 4.53% and has outperformed the broader SFI.
- The SFI will be rebalanced next week on Monday, 1 December 2014.
SFI Returns
|
Index |
Total Return (%) |
Interest Yield (%) |
||
|
Week |
MTD |
YTD |
Current |
|
|
SFI |
0.10% |
0.13% |
3.91% |
2.85% |
|
SFI Government Bond Index |
0.05% |
0.02% |
3.52% |
2.57% |
|
SFI Corporate Bond Index |
0.18% |
0.30% |
4.53% |
3.23% |
|
- SFI Statutory Board Bond Index |
0.22% |
0.19% |
4.06% |
2.31% |
|
- SFI Industrial Bond Index |
0.16% |
0.37% |
4.72% |
4.13% |
|
- SFI Financial Bond Index |
0.16% |
0.40% |
4.99% |
3.75% |
|
SFI 1-3 Year Bond Index |
0.00% |
0.02% |
1.27% |
2.76% |
|
SFI 3-5 Year Bond Index |
0.13% |
0.14% |
2.81% |
2.63% |
|
SFI 5-7 Year Bond Index |
0.18% |
0.33% |
4.67% |
2.89% |
|
SFI 7-10 Year Bond Index |
0.16% |
0.06% |
5.88% |
2.92% |
|
SFI 10+ Year Bond Index |
0.05% |
0.14% |
6.68% |
3.16% |
|
Equity Benchmark: Straits Times Index1 |
0.89% |
2.17% |
5.62% |
N/A |
Source: Thomson Reuters Datastream (data as of 24 November 2014)
1Performance is measured on a price return basis for the Straits Times Index.
