Strategies to Combat the Rising Inflation

In Singapore, core inflation rose to 3.3% in April, a 0.4% increase from the 2.9% in March, which is the highest since March 2012. It could rise even further as commodity prices increased due to the Ukraine-Russia war. The MAS took the step of tightening monetary policy by strengthening the Singapore dollar to combat inflation. Inflation has hit multi-year highs for countries like the USA, UK and Japan. While a stronger Sing Dollar will help to soften the blow of inflation as Singapore imports almost everything, this is also one of the main causes of rising prices in Singapore.

Phillip MSCI Singapore Daily (2X) Leveraged Product and Phillip MSCI Singapore Daily (-1X) Inverse Product are ETPs that are traded on the exchanges. Phillip MSCI Singapore Daily (2X) Leveraged Product potentially increases the returns of the MSCI Singapore Index it is tracking. On the other hand, Phillip MSCI Singapore Daily (-1X) Inverse Product looks to hedge with the opposite performance of the MSCI Singapore Index it is tracking.

Through this webinar, audience will gain a better understanding of how the Leveraged and Inverse Product can help them to combat the rising inflation in Singapore.

Speaker
Teck Leng is a senior fund manager, and a key member of the investment team covering global equity markets, including both active funds and ETFs. He oversees the managed account portfolios and the management of the equity and balanced funds’ portfolios. Prior to joining the Group in 2008, he worked in the aerospace and defence fields with a Singapore-based engineering conglomerate, and had project management experience in a regional construction and infrastructure engineering consultancy firm.