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TMB Gold Singapore Fund (the feeder fund) emphasizes on securities or unit trusts of off-shore mutual funds sharing the same objectives and investment policy,aiming to achieve a return that reflects the performance of the price of gold bullion.TMB Gold Singapore Fund will implement passive investment strategy and will mainly invest in SPDR Gold Trust (the master fund), not less than 80% of net asset values per annum. The other part will invest in on-shore or off-shore short-term fixed-income instruments subjected to SEC regulation. However, the foreign investment portion of the feeder fund may be less than SEC guideline in the 30-day from registered date and the 30-day before dissolved date.
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