CGS-CIMB launches CSI 1000 ETF on SGX
This marks the first CSI 1000 ETF listed outside of China.
CGS-CIMB Securities has launched the CGS Fullgoal CSI 1000 ETF on the Singapore Exchange under the SZSE-SGX ETF link.
This is the first CSI 1000 ETF listed outside China, according to SGX.
The CGS Fullgoal CSI 1000 ETF provides global investors opportunities to gain exposure into 1000 companies with high growth potential, operating in industries such as electronics, pharmaceuticals and computers, cyclical industries, and machinery.
”This ETF tracks the performance of the onshore benchmark for small-cap companies listed in China and empowers investors to participate in its dynamic economic development with a sector diversified portfolio,” Janice Kan, Co-Head of Equities, SGX Group, said.
With the addition of CGS Fullgoal CSI 1000 ETF, SGX now has 42 listed ETFs with a combined AUM of $11b.