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Fund Code: FSBSR
First Sentier Bridge Fund Class A Monthly Distribution SGD Reinvest       
Risk Level: 3
Offering Document: 
Investment Objective
The investment objective of the First Sentier Bridge Fund is to provide investors with income and medium term capital stability from investments focused in the Asia Pacific ex Japan region. The investment policy of the Sub-Fund is to invest all or substantially all of its assets in the FSSA Asian Equity Plus Fund (in relation to the equity portion) and the First Sentier Asian Quality Bond Fund (in relation to the fixed income portion), which are both sub-funds of the Dublin registered umbrella fund known as First Sentier Investors Global Umbrella Fund plc.
Investment Strategy
HSBC investment category:
Investment type:
Multi Asset / Balanced
Investment style:
Multi Asset / Balanced
Interest rate sensitivity:
Investment instrument:
Stock, Bond, Cash, Other
Investment style is only applicable for funds that invest in equities. Interest rate sensitivity is only applicable for funds that invest in fixed income product.
Fund Portfolio
(as of 31-03-2024)
Asset allocation
Equity holdings geographical allocation
Equity holdings sector allocation
Bond holdings sector allocation
Top 5 bond holdings country exposure
Country exposure %
China 23.69
Indonesia 14.66
Hong Kong 10.21
South Korea 9.74
Malaysia 8.82
Top 10 holdings
Holding % of net asset
First Sentier Asian Quality Bd I USD Acc 50.34
Top 10 underlying holdings
Holding % of net asset
Us Long Bond Sep 24 19-Sep-2024 5.03
Australia (Commonwealth of) 1.75% 3.15
Malaysia (Government Of) 3.906% 2.36
Us 10yr Note Sep 24 19-Sep-2024 2.21
RHB Bank Berhad 1.658% 1.80
IOI Investment (L) Berhad 3.375% 1.73
Korea Investment & Securities Co Ltd 1.375% 1.71
China Resources Land Ltd. 4.125% 1.60
% of asset in Top 10 holdings 19.58
FSSA Asian Eq Plus I USD Inc 49.65
Top 10 underlying holdings
Holding % of net asset
Taiwan Semiconductor Manufacturing Co Ltd 9.62
HDFC Bank Ltd 9.28
Tencent Holdings Ltd 7.01
ICICI Bank Ltd 4.42
Midea Group Co Ltd Class A 4.34
Samsung Electronics Co Ltd Participating Preferred 4.01
Oversea-Chinese Banking Corp Ltd 3.51
MediaTek Inc 3.05
CSL Ltd 2.97
Axis Bank Ltd 2.79
% of asset in Top 10 holdings 50.98
% of asset in Top 10 holdings 99.99
Fund Performance
(as of 30-06-2024)
Fund: First Sentier Bridge Fund Class A Monthly Distribution SGD Reinvest
Fund indexed performance (initial value =100%). Performance statistics are based on offer-bid prices of the fund with dividend reinvested, in fund class currency
  • 2019
  • 2020
  • 2021
  • 2022
  • 2023
  • YTD
  • 13.41
  • 12.11
  • 0.67
  • -13.82
  • -0.89
  • 4.22
  • -
  • -
  • -
  • -
  • -
  • -
Fund Price Information
(as of 23-07-2024)
Fund price movement is calculated on Offer to Bid basis in fund class currency (SGD).
Indicative fund price:
  • NAV:
SGD 1.507
  • Bid:
  • Offer:
Change vs previous trading day:
52 week low-high:
SGD 1.3917 - SGD 1.5458
Fund price information is provided based on the latest fund trading date.
Dividend Information
(as of 30-06-2024)
Target distribution frequency:
Dividend yield:
Last dividend paid (per unit):
SGD 0.01
Last ex-dividend date:
Dividend yield is the dividend amount declared over the past twelve months as a percentage of the last month-end fund unit price, show in 2 decimal places. The amount of dividend may not be guaranteed by Fund House.
Yield And Credit Information
(as of 31-03-2024)
Average current yield:
Average yield to maturity:
Average duration:
6.74 years
Average credit quality:
Credit quality breakdown:
% %
AAA 3.27 BB 0.00
AA 6.48 B 0.00
A 28.20 Below B 0.29
BBB 61.77 Not Rated 0.00
Current yield refers to the annual interest of the bonds divided by the market price of a bond. Yield to maturity is the rate of return anticipated on a bond if it is held until the maturity date, assumed that all coupons are reinvested at the same rate. Duration is a measure of the sensitivity of the price (the value of principal) of a fixed-income investment to a change in interest rates. Credit quality is based on Standard and Poor’s classification.
Fund Statistic
(as of 30-06-2024)
Annualised return:
Standard deviation:
Sharpe ratio:
Fund statistics are calculated by using 3 years historical data, and are not calculated for fund which is less than 3 years old.
Sharpe ratio: Morningstar Asia Limited used the USD as the risk free factor for calculation
Alpha & Beta: Morningstar Asia Limited Used USD as the benchmark index for calculation
Fees and Charges
Initial charge:
Annual management fee (maximum):
Distribution fee:
Redemption fee:
Performance fee:
Highest contingent deferred sales charge:
Switching Fee:
The listed information may not cover all the fees and charges imposed on a fund. Please refer to the respective offering documents of the fund for details of relevant fees and charges.
Other Fund Information
Fund class currency:
Fund class inception date:
Fund share class size (Million):
SGD 995.68
(as of 30-06-2024)
Fund manager
(Start date):
Martin Lau (14-07-2003)
Nigel Foo (01-01-2013)
Richard Jones (01-07-2013)
Fiona Kwok (26-07-2021)
Clarissa Soputro (22-09-2021)
Fund house:
First Sentier Investors (Singapore)
Morningstar Rating:

(as of 30-06-2024)
Initial Investment Amount:
Other fund classes available with HSBC:
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The declaration of distribution is at the sole discretion of the Fund Manager and is not guaranteed. The dividend information is for your reference only and it is not indicative of future performance.

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The Fund Risk Level stated in this website is determined according to the historical volatility of the fund or, where appropriate, the historical volatility of a comparable market index or comparable fund. You should refer to the detailed definition of fund risk level here.