Singlife, Lion Global Investors launch physical gold fund in Singapore

All gold holdings are insured and stored in vaults in the city.

Singlife has partnered with Lion Global Investors (LGI) to launch the LionGlobal Singapore Physical Gold Fund, the first gold fund that is insured and vaulted in Singapore.

The fund is backed by real, physical gold bars that reportedly meet the “good delivery” standards of the London Bullion Market Association (LBMA), according to Singlife. LBMA is a globally recognized benchmark for purity, quality, and responsible sourcing in the gold industry.

All gold holdings are stored in vaults in Singapore.

Singlife will offer access to the fund through its Investment-Linked Policies (ILPs) and wealth platforms: GROW with Singlife and dollarDEX.