According to Fullerton, small- and mid-cap stocks here represent a “dynamic yet potentially under-owned segment” of the Singapore equity market. “Investors in the fund may potentially benefit from several tailwinds including a positive macroeconomic and growth outlook, a stable and supportive Singapore dollar.”
Fullerton Fund Management, one of three asset managers chosen by the Monetary Authority of Singapore (MAS) to launch fund strategies under the Equity Market Development Programme (EQDP), will allocate 100% of its Fullerton Singapore Value-Up (FSGV) fund to Singapore Exchange-listed equity instruments “across a range of market capitalisations”.
The FSGV will be launched by 4Q2025, says Fullerton exclusively to The Edge Singapore, with a “significant bias” towards local small- and mid-cap stocks. While Fullerton stopped short of naming specific stocks that will be included in the fund, a prospectus lodged on Aug 19 states that the FSGV targets to allocate 30% of its net asset value into small-cap and/or mid-cap Singapore equities.
