The Singapore Exchange welcome Lion-China Merchants Emerging Asia Select Index ETF on Dec. 11, according to a same day filing with the Singapore Exchange.
The ETF will track growth of India, Malaysia, Indonesia and Thailand and is managed by Lion Global Investors (SGX:JJJ).
The ETF is the first product jointly developed by China Merchants Fund and Lion Global Investors, and will track the iEdge Emerging Asia Select 50 Index, which was created by the SGX Index Edge.
The ETF opened at SG$1.3550, according to CNBC.
Price (SGD): S$1.01, Change: S$-0.0010, Percent Change: -0.10%
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