The fund commemorates SG60, celebrating Singapore’s independence and transformation into a global economic powerhouse. The STI, a benchmark of resilient listed companies, reflects the country’s economic prowess. Through the fund, investors can participate and grow taking advantage of Singapore’s ongoing growth in a low-cost way.

It will be available exclusively on the Endowus platform, at a low, all-in-one fee under an institutional share class. With no sales charges and low management fees, the fund offers another option for investors seeking growth with relatively lowered volatility compared with usual equity markets, the firm continued.

The collaboration combines Amundi’s global investment expertise in exchange-traded funds and index management with Endowus’ digital-first, client-centric platform, reflecting both firms’ commitment to financial inclusion and innovative solutions. The fund aims to replicate the performance of the STI, which has historically offered dividend yields relatively higher than regional bourses and lower volatility compared with global equity benchmarks, driven by Singapore’s banking, real estate, telecommunications, and industrial sectors.

Amid global volatility, Singapore’s equity market has been a pillar of stability, the firm said. In 2024, the STI delivered total returns of 24.3 per cent, achieving its best performance in a decade. Over the 18-year period from January 2008 to June 2025, the STI maintained an average dividend yield of 3.77 per cent, with yields generally between 3 per cent and 5 per cent. This positions the fund as an option for investors seeking stable income or defensiveness, while maintaining exposure to the long-term growth potential of Singapore’s economy.

The fund launch also aligns with broader efforts by the Monetary Authority of Singapore to strengthen the local equities market. Several policy initiatives and incentives are being explored and introduced to boost participation among both retail and institutional investors, strengthen market liquidity, and elevate the visibility of local equities. The fund aims to complement these by attracting additional capital to benefit local enterprises.