Disclaimer - Lion Global Investors Limited
The IntraDay NAV (iNAV) shown is provided by Markit Group Limited (“IHS Markit”). The iNAV is indicative and for reference purposes only. It may differ from the actual NAV calculated in accordance with the Trust Deed and should not be viewed as the actual NAV. Please refer to the actual NAV on our website.
Neither IHS Markit, its affiliates nor any of its third party data providers makes any warranty, express or implied, as to the accuracy, completeness or timeliness of the data contained herein nor as to the results to be obtained by recipients. IHS Markit has no obligation to update, modify or amend this data or to otherwise notify a recipient if any data changes or subsequently becomes inaccurate. Without limiting the foregoing, neither IHS Markit, its affiliates nor any third party data provider shall have any liability whatsoever to you, whether in contract (including under an indemnity), in tort (including negligence), under a warranty, under statute or otherwise, in respect of any inaccuracies, errors or omissions, or any loss or damage suffered by you as a result of or in connection with the IHS Markit data contained herein. All intellectual property and other proprietary rights comprised in the IHS Markit data are and shall be the exclusive property of IHS Markit.
Indicative NAV per unit in USD is for reference only and is calculated using the actual NAV per unit in SGD converted into USD, using the exchange rates quoted by Reuters at 4:00 p.m. (Hong Kong time) as of the same Dealing Day.
Climate change is the defining crisis of our time. As the biggest long-term threat to humanity, the global transition to a low-carbon economy is more urgent than ever. Investors now recognize the importance to manage the risks and seize the opportunities that climate change presents. Indeed, there is growing capital allocated to align investment portfolios with a low-carbon and climate resilient future. The Lion-OCBC Securities Singapore Low Carbon ETF allows you to partake in the decarbonisation journey of Singapore's real and financial economy.
The investment objective of the Fund is to replicate as closely as possible, before expenses, the performance of the iEdge-OCBC Singapore Low Carbon Select 50 Capped Index using a direct investment policy of investing in all, or substantially all, of the underlying Index Securities.
The Index is compiled and calculated by the Index Provider and aims to track the top 50 companies (including Real Estate Investment Trusts and Business Trusts) by Free-Float Market Capitalization that are representative of Singapore’s real and financial economy, with a focus on index decarbonisation through the reduction of Weighted Average Carbon Intensity (WACI) of the Index. Index decarbonization is achieved through selection of constituents with minimal involvement in fossil fuels, and through the implementation of the Carbon Performance Exclusion Criteria that ensures best-in-class selections based on Scope 1 and 2 Greenhouse Gas (GHG) emissions per unit revenue.
Source: SGX Index Edge as of 30 September 2022.
As at the latest rebalancing date in Sep 2022, the Index’s weighted average carbon intensity (WACI) is lowest at 71.1 when compared to the Straits Times Index (STI) and MSCI Singapore Free Gross Index (SIMSCI).
| As of | |
| Fund Listing Date | 28 April 2022 |
| Tracking Difference |
SGD:
RMB:
Since inception:
|
| Tracking Error |
SGD: Rolling 1 Year Annualised:
Not Applicable
RMB: Rolling 1 Year Annualised:
Not Applicable
|
| Underlying Index | iEdge-OCBC Singapore Low Carbon Select 50 Capped Index |
| Index Provider | Singapore Exchange Limited (Carbon Intensity Data provided by Sustainlytics1) 1Sustainalytics is an award-winning global responsible investment research firm specialised in environmental, social and governance (ESG) research and analysis. The firm offers global perspectives and solutions that are underpinned by local expertise, serving both values-based and mainstream investors that integrate ESG information and assessments into their investment decisions. Sustainalytics conducts quality assurance checks to address common reporting errors by companies, such as:
|
| Currency of Account (Base Currency) | SGD |
| Trading Currency | SGD / USD |
| SGX Code | ESG (SGD), ESU (USD) |
| Bloomberg Ticker | ESGSG SP (SGD), ESGUS SP (USD) |
| Issue Price | SGD 1.00 |
| Trading Board Lot Size | 1 unit |
| Management Fee | 0.40% per annum |
| Expense Ratio | Capped at 0.45% per annum for 2 years from the inception of the Fund |
| Dividend Distribution |
Semi-annual Distribution at the Discretion of the Fund Manager (June and December)2 2The ETF announced its first distribution in December 2022. |
| Replication Strategy | Direct Replication or Representative Sampling |
| Classification Status | Excluded Investment Product |
| Designated Market Maker | Flow Traders Asia Pte Ltd, Phillip Securities Pte Ltd |
| Participating Dealers | OCBC Securities Pte Ltd, CGS-CIMB Securities (Singapore) Pte Ltd, Flow Traders Asia Pte Ltd, Futu Singapore Pte Ltd, iFAST Financial Pte Ltd, Phillip Securities Pte Ltd, Tiger Brokers (Singapore) Pte Ltd, UOB Kay Hian Pte Ltd |
This advertisement or publication has not been reviewed by the Monetary Authority of Singapore. It is for information only, and is not a recommendation, offer or solicitation to deal in any capital markets products or investments and does not have regard to your specific investment objectives, financial situation or particular needs. You should read the prospectus and Product Highlights Sheet for the Lion- OCBC Securities Singapore Low Carbon ETF (“ETF”), which is available and may be obtained from Lion Global Investors Limited or any of the appointed Participating Dealers (“PDs”), before deciding whether to purchase units in the ETF. Investments are subject to investment risks including the possible loss of the principal amount invested.
You should independently assess any information, opinion or estimates, graphs,charts, formulae or devices provided and seek professional advice on them. Any information, opinions, estimates, graphs, charts, formulae or devices provided are subject to change without notice and are not to be relied on as advice. The ETF may invest in financial derivative instruments for hedging or for efficient portfolio management.
The units of the ETF are listed and traded on the Singapore Exchange (“SGX”), and may be traded at prices different from its net asset value, suspended from trading, or delisted. Such listing does not guarantee a liquid market for the units. You cannot purchase or redeem units in the ETF directly with the manager of the ETF, but you may, subject to specific conditions, do so on the SGX or through the PDs.
Any dividend distributions, which may be either out of income and/or capital, are not guaranteed and subject to the Manager’s discretion. Any such dividend distributions will reduce the available capital for reinvestment and may result in an immediate decrease in the net asset value of the ETF.
© Lion Global Investors Limited (UEN/ Registration No. 198601745D). All rights reserved. LGI is a Singapore incorporated company and is not related to any corporation or trading entity that is domiciled in Europe or the United States (other than entities owned by its holding companies).
OCBC is a registered trade mark of Oversea-Chinese Banking Corporation Limited and is used under licence. Save for the foregoing, all intellectual property rights in the iEdge-OCBC Singapore Low Carbon Select 50 Capped Index vest in SGX. The iEdge-OCBC Singapore Low Carbon Select 50 Capped Index is used by Lion Global Investors Limited under licence.