Lion Global fund lets ordinary investors in on disruption story
Singapore
IN a saturated market, disruption is never far from the mind of Gerard Lee, chief executive officer of OCBC fund unit Lion Global Investors.
The Business Times understands that the firm is launching a new fund this week, touted as the first fund in Singapore for ordinary investors to easily access a global portfolio of disruption-themed stocks.
The LionGlobal Disruptive Innovation Fund also stands out with its semi-passive investment strategy. It is one of the first "smart beta" funds launched for the mass market here. Management fees are one per cent a year. The promotional launch rate is 0.68 per cent.
The fund might also be the first in Singapore to be primarily marketed online. As consumers can buy the fund directly from online distributors, there will be no sales…
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