Singapore financial services provider Singlife has teamed up with Lion Global Investors ( LGI ) to launch the LionGlobal Singapore Physical Gold Fund, the first of its kind to offer direct access to insured, vaulted physical gold in Singapore.

Singlife and LGI say the new fund is a response to growing investor appetite for safe-haven assets and resilient wealth solutions amid persistent global uncertainty.

Unlike synthetic or derivative gold products, the LionGlobal Singapore Physical Gold Fund is fully backed by gold bars that meet the London Bullion Market Association’s “Good Delivery” standards.

All holdings are securely stored and insured within Singapore, providing retail investors with a trusted, transparent means of diversifying their portfolios with physical gold, without the logistical complexities of storage.

The fund is benchmarked against the LBMA Gold Price AM, ensuring alignment with an internationally recognized gold pricing index.

Singlife will distribute the fund through multiple channels, including its investment-linked policies, as well as its digital investment platforms, GROW with Singlife and dollarDEX. The fund will also be included in Singlife’s participating fund ( par fund ) investments, a show of confidence in the asset class from the insurer itself.

Highlighting Singapore’s role as a growing gold and financial hub, Teo Joo Wah, Lion Global Investors’ CEO, says: “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.”

Farooq Lone, GROW with Singlife’s CEO, adds: “By offering the LionGlobal Singapore Physical Gold Fund through our digital platforms, advisers and customers can seamlessly include this safe-haven asset to their portfolios with just a few clicks.”

Along with Singlife, the fund is anchored by a consortium of strategic partners, including OCBC, MariBank and Great Eastern.