SFI Weekly
Key highlights for the week ending 26 December 2014
- The SFI gained 0.20% to 119.485.
- YTD, the STI currently outperforms the SFI by 2.02% (+5.88% vs. +3.86%)
- The SFI series of indices closed higher this week, offsetting some of the losses for the month. Gains this week were largely from government bonds (SFI Government Bond index), ahead +0.24% although still down 0.74% month-to-date.
- The SFI and STI have gained across 35 and 31 weekly periods, respectively, in the last 52 weeks of 2014. YTD, the daily correlation between the two indices is approximately -16%. (Same period last year was approximately: 24%)
- YTD, there are 86 new constituents (market value: over S$19Bn) included in the SFI.
- The SFI will be rebalanced on Friday, 2 January 2015.
SFI Returns
|
Index |
Total Return (%) |
Interest Yield (%) |
Yield to Maturity (%) |
||
|
Week |
MTD |
YTD |
Current |
Current |
|
|
SFI |
0.20% |
-0.47% |
3.86% |
2.869% |
2.541% |
|
SFI Government Bond Index |
0.24% |
-0.74% |
3.40% |
2.616% |
2.230% |
|
SFI Corporate Bond Index |
0.12% |
-0.03% |
4.56% |
3.272% |
3.181% |
|
- SFI Statutory Board Bond Index |
0.00% |
-0.08% |
4.14% |
2.337% |
2.551% |
|
- SFI Industrial Bond Index |
0.06% |
-0.18% |
4.38% |
4.180% |
3.669% |
|
- SFI Financial Bond Index |
0.32% |
0.14% |
5.23% |
3.798% |
3.566% |
|
SFI 1-3 Year Bond Index |
0.04% |
-0.24% |
0.94% |
2.771% |
1.905% |
|
SFI 3-5 Year Bond Index |
0.14% |
-0.47% |
2.48% |
2.718% |
2.078% |
|
SFI 5-7 Year Bond Index |
0.24% |
-0.63% |
4.29% |
2.892% |
2.365% |
|
SFI 7-10 Year Bond Index |
0.30% |
-0.57% |
5.96% |
2.925% |
2.537% |
|
SFI 10+ Year Bond Index |
0.37% |
-0.56% |
7.61% |
3.143% |
2.924% |
|
Equity Benchmark: Straits Times Index1 |
2.26% |
0.09% |
5.88% |
N/A |
N/A |
Source: Thomson Reuters Datastream (data as of 29 December 2014)
1Performance is measured on a price return basis for the Straits Times Index.
