A widely used multi-asset income fund combining US equities, convertibles and bonds.
“Best balance of access, scale and income design.” - our editors
This is often the first fund many Singapore investors encounter when comparing dividend unit trusts, and there is a reason for that. It has a simple income story, a large global manager behind it and broad access through local distribution channels. What stands out is its mix of growth and income assets rather than a narrow bond-only approach. The trade-off is that the fund can feel more aggressive than conservative investors expect from the word income, especially when US equities or high yield credit sell off together.
Why Allianz Income and Growth made TheBest SG · full scorecardLess
It earns the top spot for its strong local visibility, established manager, broad access and clear multi-asset income mandate that suits investors who want payouts without relying on one asset class.
Allianz Income and Growth is one of the most recognisable income funds on Singapore retail platforms and adviser menus. The strategy invests mainly across US equities, high yield bonds and convertible securities, aiming to provide regular income with capital growth potential. Its popularity comes from a clear income proposition, multiple payout share classes and the brand strength of Allianz Global Investors. The fund is not a pure bond substitute, as equity and high yield exposure can make returns move sharply during risk-off markets. For investors comfortable with a multi-asset approach, it remains one of the standard comparisons in the income fund category.
