In the current high interest rate environment, bonds provide a good opportunity to lock in decent yields at elevated rates. With a heightened level of uncertainty amid geopolitical tensions, we prefer short duration, high quality fixed income to lower our interest rates and credit quality risk. As the banking crisis has been contained without systematic risk, we do not see major credit risk for corporate bonds in 2H 2023.
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I want to buy this fund because I want to expand my income sources, Singapore dividend benefits have always been solid, and this fund still has a good long-term trend to try.