General Announcement::10 more ETFs available to all investors

Issuer & Securities

Issuer/ Manager
SINGAPORE EXCHANGE LIMITED
Securities
SINGAPORE EXCHANGE LIMITED - SG1J26887955 - S68
Stapled Security
No

Announcement Details

Announcement Title
General Announcement
Date &Time of Broadcast
03-Jul-2015 09:37:48
Status
New
Announcement Sub Title
10 more ETFs available to all investors
Announcement Reference
SG150703OTHRONZX
Submitted By (Co./ Ind. Name)
Patricia Choo
Designation
Head of Media Communications
Description (Please provide a detailed description of the event in the box below)
Ten more Exchange Traded Funds (ETFs) have been converted to Excluded Investment Products (EIP) status, increasing the total number of EIP ETFs listed on SGX to 19 and providing retail investors with more choices, without them having to be pre-qualified.

Issued by Deutsche Asset & Wealth Management and predominantly cash-based, these 10 ETFs cover a wide geographical spread of developed and emerging economies, including Brazil, China, South Korea and Thailand, allowing investors to have easy access to tap into these countries growth.

Equity Name SGX Code
db x-trackers FTSE China 50 UCITS ETF (DR) HD8
db x-trackers MSCI Brazil Index UCITS ETF (DR) J0O
db x-trackers MSCI China Index UCITS ETF (DR) LG9
db x-trackers MSCI Korea UCITS Index ETF (DR) IH2
db x-trackers MSCI Malaysia Index UCITS ETF (DR) LG6
db x-trackers MSCI Pacific Ex Japan Index UCITS ETF (DR) J0Q
db x-trackers MSCI Philippines IM Index UCITS ETF (DR) N2E
db x-trackers MSCI Singapore IM Index UCITS ETF (DR) O9A
db x-trackers MSCI Taiwan Index UCITS ETF (DR) HD7
db x-trackers MSCI Thailand Index UCITS ETF (DR) LG7

Jenny Chiam, Head of Securities, SGX, welcomed the conversion of the 10 ETFs saying, We are pleased to see ten more ETFs have become available to all investors, coming within two months of the regulatory changes. With more choices and access to products from different countries, retail investors can benefit from ETFs as a simple and low-cost way of building a well-diversified investment portfolio.

Marco Montanari, Deutsche Asset & Wealth Management, Head of Passive Asset Management for Asia Pacific, said, We are pleased to have 10 of Deutsche AWM's ETFs converted as EIP. These 10 ETFs offer investors easy access to various exposures in the global equity markets.

Kevin Hardy, Head of Beta Strategies in Asia Pacific and Country Head of Blackrock Singapore said, The regulatory changes made by MAS have enabled open access to a greater range of ETFs listed in Singapore, including our iShares MSCI India Index ETF which complements our existing two fixed income EIP qualified funds. At BlackRock, we see these changes as a spark to future development for the Singapore ETF market, and when combined with the clearing fee waivers announced by the SGX these definitely help to create a better ecosystem for market participants, fund providers and investors.

Joanne Goh, Regional Equity Strategist, DBS Group Research said, We are pleased to see more ETFs gain EIP status, providing Singapore investors with more investment choices and ways to diversify their portfolios. Market volatility will persist for a while as Greek bailout negotiation talks and Fed hikes uncertainty perturb markets. Portfolio diversification through the use of ETFs will be most appropriate in this environment. To help retail investors better understand ETFs, DBS also has a series of seminars on this asset class.

To promote ETFs as investment products, SGX has waived ETF clearing fees for both institutional and retail investors beginning 1 June 2015 to 31 December 2015. SGX will also waive clearing fees for ETF block trades, with effect since 2 February 2015 and will last till 31 December 2017. This will help institutional investors minimise the cost of reporting over-the-counter ETF transactions to the exchange while reducing their counterparty risks.

As part of SGX s efforts to further investors understanding of ETFs, SGX is holding a series of ETF investor education events. SGX Academy also offers complimentary ETF seminars every month. The upcoming events include:
28 July SGX will hold an ETF seminar covering the China market
15 to 16 August - SGX will organise an ETF Pavilion holding ETF-related talks at Shareinvestor s Invest Fair

Investors can also learn more about ETFs through SGX MyGateway, MoneySENSE and SPDR University.

A full list of EIP ETFs is available at SGX s website here.

Attachments

20150703_10_more_ETFs_available_to_investors.pdf
SGX ETF Factsheet.pdf
Total size =369K