DBS Bank Launches United States $3 Trillion Capital Group Multi-Asset Fund Capital Group American Balanced Fund (LUX) (AMBAL) with 0% Upfront Sales Charge via Share Class U1 fdxm (3-Year Term, Redemption Charge if Redeemed Early) for Limited Period (Starting 13/10/25), Minimum S$1,000 Investment with 1.15% Annual Management Fee, Another Share Class BLfdxm with 6.5% Annualized Yield
17th October | Hong Kong
DBS Bank has launched United States Capital Group ($3 trillion AUM) multi-asset fund Capital Group American Balanced Fund (LUX) (AMBAL) with 0% upfront sales charge via share class U1 fdxm (3-year term, redemption charge if redeemed early) for limited period (Starting 13/10/25). The fund has a minimum S$1,000 investment, with 1.15% annual management fee. Another share class BLfdxm has 6.5% annualized yield. Announcement (16/10/25): “Capital Group, one of the world’s largest and most experienced active investment managers with over US$3 trillion in assets under management, has collaborated with DBS, – Singapore’s and Southeast Asia’s largest bank – to help first-time investors embark on their long-term investment journey into stocks and bonds by simplifying investing. Customers can now invest in Capital Group American Balanced Fund (LUX) (AMBAL), part of the world’s largest multi-asset strategy with a 50-year track record, through Class U1 fdxm — a share class with 0% upfront sales charge exclusively available via DBS/POSB for a limited time starting 13 October. This initiative underscores Capital Group and DBS’ shared commitment to lowering barriers to investing for retail investors and expanding access to globally-diversified, actively managed strategies. Capital Group is waiving Class U1 fdxm’s upfront costs for DBS/POSB customers investing in AMBAL to make it easier for them to benefit from long-term investing while seeking consistent income and downside resilience. Class U1 fdxm is a long-term-focused structure designed to help first-time investors start investing with confidence, while enabling experienced investors to put their idle cash to work in a fund – founded on a 50-year strategy – with proven ability to deliver a steady income stream alongside capital growth. Available with a minimum lump-sum investment of SGD 1,000, this share class has a 1.15% annual management fee. Another new share class for AMBAL, Class BLfdxm, currently yields 6.5% annualised. To encourage investing for the long term, Class U1 fdxm has a three-year term. If it is redeemed within the term, there will be an early redemption charge. Consistent with Capital Group’s proven investment approach, AMBAL is managed by a team of 12 portfolio managers with a median of 27 years of investment experience and 24 years with the firm. This structure fosters independent decision-making and diversification, while maintaining accountability and alignment with long-term investor outcomes. Launched in 1975, Capital Group American Balanced strategy is the world’s largest multi-asset strategy, managing US$258 billion. It focuses on broad US opportunities with a balanced approach, aiming to capture equity market growth while preserving capital and delivering income through high quality bonds. With nearly 50 years of consistent performance and positive returns in 43 calendar years since inception, this resilient, time-tested approach is now available to Asian investors through Capital Group American Balanced Fund (LUX). AMBAL’s Class U1 fdxm is now exclusively available via DBS/POSB Singapore, starting 13 October 2025. Other share classes are also available to Hong Kong and Singapore investors.”
“ DBS Bank Launches United States $3 Trillion Capital Group Multi-Asset Fund Capital Group American Balanced Fund (LUX) (AMBAL) with 0% Upfront Sales Charge via Share Class U1 fdxm (3-Year Term, Redemption Charge if Redeemed Early) for Limited Period (Starting 13/10/25), Minimum S$1,000 Investment with 1.15% Annual Management Fee, Another Share Class BLfdxm with 6.5% Annualized Yield “
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Jeik Sohn, Head of Singapore and Southeast Asia Client Group, Capital Group: “We recognise that for many Singapore investors, taking the first step into investing can feel daunting. Over time, when a significant portion of wealth remains in idle cash, it not only gets gradually eroded by inflation, but also represents a missed opportunity to grow future wealth – whether for retirement, family needs, or long-term financial goals. That is why Capital Group has partnered with DBS to make investing simpler and more accessible. By removing upfront costs and lowering barriers to entry for Class U1 fdxm, we aim to encourage long-term investing habits. We’re proud to offer local investors access to our AMBAL fund, part of a time-tested strategy with nearly five decades of consistent performance, which provides a proven approach to pursuing US market growth while managing downside risk. Together with DBS, we are committed to delivering world-class global investment solutions to help Asian investors achieve their long-term financial goals and build a more secure financial future.”
James Tan, Group Head of Investment Products and Advisory, DBS Bank: “We are pleased to work with Capital Group to bring AMBAL to our customers in Singapore. As investors here look to grow their wealth, we see a meaningful opportunity to help them stay invested through well-diversified portfolios that can weather different market conditions. This is particularly important for younger investors, who often find investing intimidating to start or struggle to stay disciplined amid market volatility – which is here to stay. Launching AMBAL reflects our commitment to offering trusted, time-tested investment solutions that give investors not only the confidence to begin, but also the incentive to stay invested through changing market cycles.”
Capital Group – Capital Group is one of the oldest and largest asset management companies in the world, managing multi- asset, equity and fixed income investment strategies for different types of investors. Since 1931, Capital Group has been singularly focused on delivering superior, consistent results for long-term investors using high conviction portfolios, rigorous research and individual accountability. Today, Capital Group works with financial intermediaries and institutions to manage more than US$3 trillion1 in long-term assets for investors around the world.
DBS Bank Launches United States $3 Trillion Capital Group Multi-Asset Fund Capital Group American Balanced Fund (LUX) (AMBAL) with 0% Upfront Sales Charge via Share Class U1 fdxm (3-Year Term, Redemption Charge if Redeemed Early) for Limited Period (Starting 13/10/25), Minimum S$1,000 Investment with 1.15% Annual Management Fee, Another Share Class BLfdxm with 6.5% Annualized Yield
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