Disclaimer - Lion Global Investors Limited
The IntraDay NAV (iNAV) shown is provided by S&P Global Limited (“S&P”). 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 S&P, its affiliates nor any of its third party data providers makes any representation or 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. S&P is not responsible for and has not participated in the determination of the prices and amount of the Fund or the timing of the issuance or sale of the Units of the Fund or in the determination or calculation of the equation by which Units of the Fund are converted into cash. S&P has no obligation or liability in connection with the administration, marketing or trading of the Fund. Furthermore, S&P has no obligation to update, modify or amend this data or to otherwise notify a recipient if any data changes or subsequently becomes inaccurate. THE INAV IS NOT, AND SHOULD NOT BE TAKEN OR RELIED ON AS BEING, THE NET ASSET VALUE PER UNIT OR THE PRICE AT WHICH UNITS MAY BE SUBSCRIBED FOR OR REDEEMED THROUGH A PARTICIPATING DEALER OR PURCHASED OR SOLD ON THE SGX-ST. NO ASSURANCE CAN BE GIVEN THAT THE INAV WILL BE UP TO DATE AT ALL TIMES OR FREE FROM ERROR. WITHOUT LIMITING THE FOREGOING, NEITHER S&P, ITS AFFILIATES NOR ANY THIRD PARTY DATA PROVIDER SHALL HAVE ANY LIABILITY FOR ANY SPECIAL, PUNITIVE, INDIRECT OR CONSEQUENTIAL DAMAGES (INCLUDING LOST PROFITS), WHATSOEVER TO YOU, WHETHER IN CONTRACT (INCLUDING UNDER AN INDEMNITY), IN TORT (INCLUDING NEGLIGENCE), UNDER A WARRANTY, UNDER STATUTE OR OTHERWISE, EVEN IF NOTIFIED OF THE POSSIBILITY OF THE SUCH DAMAGES 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 S&P DATA CONTAINED HEREIN. ALL INTELLECTUAL PROPERTY AND OTHER PROPRIETARY RIGHTS COMPRISED IN THE S&P DATA ARE AND SHALL BE THE EXCLUSIVE PROPERTY OF S&P.
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 31 March 2023.
As at the latest rebalancing date in March 2023, the Index's weighted average carbon intensity (WACI) is lowest at 53 when compared to the Straits Times Index (STI) and MSCI Singapore Free Gross Index (SIMSCI).
Start investing from as little as S$1**
**Based on initial issue price of S$1 per unit, excluding fees and charges
The above chart is based on historical NAVs of the Fund. Past performance is not necessarily indicative of future performance.
Source: Lion Global Investors
| As of | 31 October 2024 |
| Fund Listing Date | 28 April 2022 |
| Tracking Difference |
SGD: -0.60%
|
| Tracking Error |
SGD: Rolling 1 Year Annualised: 0.23%
|
| 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 has a broad coverage in Asia and are fully transparent in their research methodologies. Additionally:
• Sustainalytics’ core business is ESG research, and they focus on providing market leading solutions to support the evolving needs of clients. • Carbon is one of their strategic priorities. In addition to the current carbon offerings, Sustainalytics is continuously strengthening and investing in this area. • Sustainalytics has partnered with XDI, The Cross Dependency Initiative, a global leader in physical climate risk analysis on companies and their assets. • Sustainalytics is assembling a best-in-class Climate Solutions team comprised of more than 40 climate science experts and multidisciplinary specialist.
|
| 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 3 years from the inception of the Fund |
| Dividend Distribution |
Semi-annual Distribution at the Discretion of the Fund Manager (with intent to declare in June and December)2 2The ETF announced its first distribution in December 2022.
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| Designated Market Maker | Flow Traders Asia Pte Ltd, Phillip Securities Pte Ltd |
Disclaimer - Lion Global Investors Limited
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 for the purchase or sale of any capital markets products or investments and does not have regard to your specific investment objectives, financial situation, tax position or needs.
You should read the prospectus and Product Highlights Sheet of the Lion-OCBC Securities Singapore Low Carbon ETF (“ETF”), which is available and may be obtained from Lion Global Investors Limited (LGI) or any of the its distributors and appointed Participating Dealers (“PDs”), for further details including the risk factors and consider if the ETF is suitable for you and seek such advice from a financial adviser if necessary, before deciding whether to purchase units in the ETF.
Investments in the ETF are not obligations of, deposits in, guaranteed or insured by LGI or any of its affiliates and are subject to investment risks including the possible loss of the principal amount invested. The performance of the ETF is not guaranteed and, the value of its units and the income accruing to the units, if any, may rise or fall. Past performance, payout yields and payments, as well as, any prediction, projection, or forecast are not necessarily indicative of the future or likely performance, payout yields and payments of the ETF. Any extraordinary performance may be due to exceptional circumstances which may not be sustainable. Dividend distributions, which may be either out of income and/or capital, are not guaranteed and subject to LGI’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. Any references to specific securities are for illustration purposes and are not to be considered as recommendations to buy or sell the securities. It should not be assumed that investment in such specific securities will be profitable. There can be no assurance that any of the allocations or holdings presented will remain in the ETF at the time this information is presented. Any information (which includes opinions, estimates, graphs, charts, formulae or devices) is subject to change or correction at any time without notice and is not to be relied on as advice. You are advised to conduct your own independent assessment and investigation of the relevance, accuracy, adequacy and reliability of any information or contained herein and seek professional advice on them. No warranty is given and no liability is accepted for any loss arising directly or indirectly as a result of you acting on such information. The ETF may, where permitted by the prospectus, invest in financial derivative instruments for hedging purposes or for efficient portfolio management. The ETF’s net asset value may have higher volatility as a result of its narrower investment focus on a limited geographical market, when compared to funds investing in global or wider regional markets. LGI, its related companies, their directors and/or employees may hold units of the ETF and be engaged in purchasing or selling units of the ETF for themselves or their clients.
The units of the ETF are listed and traded on the Singapore Exchange Securities Trading Limited (“SGX-ST”), 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-ST or through the PDs.
© 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).
Disclaimer - Singapore Exchange Limited
The units of the Lion-OCBC Securities Singapore Low Carbon ETF are not in any way sponsored, endorsed, sold or promoted by the Singapore Exchange Limited (“SGX”) and/or its affiliates and SGX and its affiliates make no warranty or representation whatsoever, expressly or impliedly, either as to the results to be obtained from the use of the iEdge-OCBC Singapore Low Carbon Select 50 Capped Index and/or the figure at which the iEdge-OCBC Singapore Low Carbon Select 50 Capped Index stands at any particular time on any particular day or otherwise. The iEdge-OCBC Singapore Low Carbon Select 50 Capped Index is administrated, calculated and published by SGX. SGX shall not be liable (whether in negligence or otherwise) to any person for any error in the Lion-OCBC Securities Singapore Low Carbon ETF and the iEdge-OCBC Singapore Low Carbon Select 50 Capped Index and shall not be under any obligation to advise any person of any error therein.