Singapore-based investment platform GROW with Singlife (GROW) has expanded its offerings to include an exclusive share class of the JPMorgan Global Research Enhanced Index Equity Fund, in collaboration with global investment firm J.P. Morgan Asset Management (JPMAM).

Available only on the Central Provident Fund (CPF) Investment Scheme, this innovative solution offers Singaporean investors an effective way of investing for long-term retirement goals by combining the benefits of both active and passive investing.

For long-term goals, where investment horizons tend to stretch decades rather than months or years, an allocation towards global equities within the context of a diversified portfolio is crucial. However, a passive approach limits the ability to achieve excess returns above market performance.

The fund, which combines active and passive approaches, is a global equity solution striving to deliver positive alpha while keeping the overall risk profile similar to the underlying benchmark. With a track record of over 20 years, the fund is part of JPMAM’s global Research Enhanced Index strategy, which harnesses stock-specific insights with a focus on risk management and cost efficiency.

Leveraging the insights of its team of over 801 research analysts worldwide, JPMAM says it takes many small active positions in the portfolio, overweighting stocks that their analysts find relatively attractive and underweighting names that are less compelling from a bottom-up perspective.

The fund does this while keeping regional, sector and style exposures as close to the index as possible. 

An exclusive share class of the fund is available on the platform and is included under the CPF Investment Scheme (List A category), allowing investors to leverage their CPF savings to meet their retirement goals.

In addition, the platform’s clients will see significant cost savings through an attractive management fee (0.38% p.a.) on top of the elimination of additional charges like upfront fees, which translates to higher net returns for investors to achieve their financial objectives.

Tim Wong, the platform’s head of product, adds: “The fund is a compelling option for investors looking to stretch their CPF savings by investing in a globally diversified equity portfolio, combining the best qualities of active and passive investing.”