LionGlobal bond ETF lists on SGX

The ETF is available in SGD and USD under the SGX codes SBO and SBV, respectively.

SGX Securities has welcomed the listing of the LionGlobal Short Duration Bond Fund (Active ETF SGD Class).

“The AUM for the LionGlobal Short Duration Bond Fund has crossed the $2b milestone with the Initial Offer Period (IOP) AUM of $141.3m raised by the ETF share class,” said Chu Toh Chieh, head of fixed income and multi-asset solutions at LGI.

This is Singapore’s first actively managed bond ETF and the first SGX-listed share class of an existing mutual fund.

Managed by LGI, the ETF is a listed share class of the flagship LionGlobal Short Duration Bond Fund, which was launched in 1991.

The fund invests in a mix of short-term bonds from Singapore and global issuers, with the goal of generating returns through both income and capital growth.

The ETF will be available in SGD and USD under the SGX codes SBO and SBV, respectively.