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SGX ETFs grow 32% YoY with $700m in first-half net inflows

Gold ETFs led inflows, with SPDR Gold Shares (GSD/087) notching net investments totaling $578m.

Singapore Exchange (SGX)-listed Exchange Traded Funds (ETFs) recorded net inflows of $700m in the first half of 2025, pushing total Assets Under Management (AUM) to $14.3b, a 32% increase YoY.

The ETF market on SGX now boasts 47 listings, reflecting growing investor interest across asset classes, particularly in gold, sustainability, and local equity-focused ETFs.

Gold ETFs led inflows, with SPDR Gold Shares (GSD/087) notching 13 straight months of net investments totaling $578m, and a 75% YoY rise in local holdings. AUM for gold ETFs climbed to $2.4b.

Sustainability-themed ETFs also saw strong traction. The iShares MSCI Asia Ex Japan Climate Action ETF (ICU/ICM) hit a record $1.8b in AUM, with $84m in net inflows in Q2. It maintains the lowest total expense ratio among Asia ex-Japan ETFs at 0.18%.

Meanwhile, Singapore-focused ETFs added $568m in net inflows, driven by the SPDR Straits Times Index ETF (ES3) and Nikko AM Singapore STI ETF (G3B), which together reached $2.8b in AUM. S-REIT ETFs brought in $187m, with their combined AUM crossing the $1b mark.
 

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