What is portfolio yield?

The portfolio yield is calculated as the yield to maturity (YTM) of the underlying portfolio, adjusted for the USD/SGD hedging cost, fund-level fees, and rebates. 

In other words, portfolio yield = underlying YTM - hedging cost - fund level fees + rebates.

You can find the exact calculations using the latest fund data on our page on Income Investing. Please note that portfolio yield may change depending on market conditions. Yields are not a guarantee of returns. Positive yield does not imply positive return. Past performance is not indicative of future performance.