367 views

CGS-CIMB rolls out Vietnam ETF on SGX

The ETF can raise around $35m.

CGS-CIMB launched the CGS Fullgoal Vietnam 30 Sector Cap Exchange-Traded Funds (ETF) on the Singapore Stock Exchange which can raise up to $35m.

In a statement, CGS-CIMB said the ETF is composed of the largest and most tradeable firms on the Ho Chi Minh Stock Exchange.

“The ETF combines the expertise of CGS-CIMB and Fullgoal, to provide an unparalleled investment opportunity into one of Asia’s fastest-growing markets. As its Investment Manager and Broker, CGS-CIMB aims to empower investors seeking higher and stable returns in Vietnam with enhanced access to financial opportunities and comprehensive market insights,” said CGS-CIMB Securities Group CEO Carol Fong.

ALSO READ: Over 7 in 10 Singaporean investors say ETFs improved their overall portfolio

“Vietnam’s growth story is one that cannot be ignored. Forward-thinking investors should recognise its immense potential and diverse array of opportunities. We invite investors to ride its growth wave with us by investing in the ETF,” she added.

The Vietnam-focused ETF is overweight on sectors such as real estate, financial, and consumer staples, closely replicating the SGX iEdge Vietnam 30 Sector Cap.

Some of the companies included in the ETF are Vinhomes, Hoa Phat Group, and SSI Securities Corporation.

Follow the link for more news on

Join Singapore Business Review community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!