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UOBAM launches new portfolio solution UOBAM Gold+ for Singapore investors

It is exclusively available on the UOBAM invest app.


UOB Asset Management has announced the launch of its latest managed portfolio solution, the UOBAM Gold+.

This dual-engine gold strategy for Singapore investors blends 49% SPDR Gold MiniShares Trust ETF (GLDM), 49% United Gold and General Fund (UGGF) and a 2% cash buffer.

According to UOBAM, the equal-weight structure gives investors a balanced and cost-efficient exposure to the global gold market by pairing physically backed gold bullion with predominantly gold-focused but diversified mining equities.

Exclusively available on the UOBAM Invest app, the portfolio offers convenience and accessibility with a low minimum investment amount starting from $1. Currently, investors can also benefit from no advisory and platform charges.

The launch of UOBAM Gold+ comes amid renewed and increasing demand for the metal, fuelled by persistent inflation risk, shifting interest-rate expectations and ongoing geopolitical uncertainties. 
 

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