OCBC, Amundi float dollar cost averaging fund in Singapore

Uploaded By:  Alyssa Divina Submitted By:  Staff Reporter Case Study:  No It leverages the cost-averaging effect when it allocates assets to equity ETFs. OCBC and asset manager Amundi have launched the Amundi-OCBC Momentum Fund, the first fund in Singapore claimed to harness a dollar cost averaging feature. The Momentum Fund allows the portfolio manager to initiate dollar cost averaging for the investor. The fund leverages the cost-averaging effect when it allocates assets from an initial pool of fixed income securities to equity ETFs. read more