Singlife and Lion Global Investors Launch First Physical Gold Fund Insured and Securely Vaulted in Singapore

Leading homegrown financial services company Singlife today announces a strategic partnership with Lion Global Investors (LGI) to launch the LionGlobal Singapore Physical Gold Fund (the Fund), the first physical gold fund that is insured and securely vaulted in Singapore. Managed by LGI, this fund expands Singlife’s product offerings and reaffirms its mission to help Singaporeans find a better way to financial freedom.

Gold is seen as a reliable safe-haven asset amid growing economic uncertainty and geopolitical tension. In today's dynamic global landscape, gold complements retirement and wealth strategies through preservation of purchasing power over time.  

The LionGlobal Singapore Physical Gold Fund is backed by real, physical gold bars that meet the “Good Delivery” standards of the London Bullion Market Association (LBMA), the globally recognised benchmark for purity, quality, and responsible sourcing in the gold industry. All gold holdings are securely stored and insured in vaults located in Singapore, and the Fund seeks to closely track the internationally referenced LBMA Gold Price AM benchmark, providing a transparent and trusted measure of performance.

Allen Kuo, Chief Investment Officer at Singlife, said: “Singlife’s partnership with LGI on the LionGlobal Singapore Physical Gold Fund reflects our commitment to providing innovative solutions for our customers. In a year shaped by global volatility, gold has shown renewed strength and has been proven to be a source of stability amid uncertainty. With the LionGlobal Singapore Physical Gold Fund now part of our product suite, Singlife continues to strengthen our position in the market and empower customers with more ways to build resilient, diversified portfolios for the future.”

As one of the pioneering insurance and investment partners in this exclusive launch, Singlife will offer access to the Fund through its Investment-Linked Policies (ILPs) and wealth platforms, GROW with Singlife and dollarDEX, broadening the range of alternative assets available. Singlife will also allocate a portion of its participating fund (par fund) assets to the Fund, reflecting its strategic approach to building diversified, risk adjusted portfolios for its policyholders.

Stanz Tan, Head of Investments and Wealth at Singlife, said: “With the inclusion of the LionGlobal Singapore Physical Gold Fund in our ILP suite, we’re giving our customers the option of including physical gold exposure within their insurance-linked portfolios as market trends evolve. This can help build resilience in long-term savings and retirement plans, supporting diversification, wealth preservation, and growth.”

Teo Joo Wah, Chief Executive Officer of Lion Global Investors, said: “Singapore’s reputation as a trusted financial and gold hub makes it the ideal home for a fully backed physical gold fund. By working with partners like Singlife, we are making gold exposure simpler and more secure for policyholders and investors alike, a relevant asset for today’s environment, and resilient for the long term.”

Beyond being included in Singlife’s ILP suites, Singapore’s first physical gold fund will be offered across Singlife’s digital investment platforms, giving financial adviser representatives and customers digital access to an asset class that has traditionally been unavailable to retail investors.

Farooq Lone, Chief Executive Officer of GROW with Singlife, said: “At GROW, we’re committed to making innovative investment solutions accessible in the simplest way possible. By offering the LionGlobal Singapore Physical Gold Fund through our digital platforms GROW and dollarDEX, advisers and customers can seamlessly include this safe-haven asset to their portfolios with just a few clicks.”

Standard Chartered Bank serves as the custodian, trustee, fund administrator, transfer agent and gold provider for the Fund. The bank ensures that all physical holdings are securely stored and properly managed, upholding the highest international standards of asset protection and governance.

The LionGlobal Singapore Physical Gold Fund will be available through Singlife’s key distribution channels:

• GROW with Singlife: Initial public offering (IPO) has commenced, and runs until Friday, 28 November 2025, at S$1.00 per unit, with a minimum investment amount of just S$200.00. The Fund will be incepted on Monday, 1 December 2025, and will be available for investment based on the prevailing Net Asset Value (NAV).

• dollarDEX: Available from December 2025, with a minimum investment amount of just S$100.00. Visit dollarDEX.com to find out more.

• Singlife Investment‑Linked Policies (ILPs): Available from Q1 2026.

This launch coincides with Singapore’s 60th anniversary (SG60) and leverages the nation’s strengths as a global financial hub and an emerging centre for gold custody and trading.

Along with Singlife, the Fund is anchored by a consortium of strategic partners, including OCBC, MariBank, and Great Eastern. To learn more, visit lionglobalinvestors.com.