SGX welcomes the listing of Nikko AM SGD Investment Grade Corporate Bond ETF, the first-of-its-kind in Singapore

Singapore Exchange (SGX) today welcomed the listing of Nikko AM SGD Investment Grade Corporate Bond ETF, the first exchange-traded fund (ETF) that offers investors easy access to a basket of Singapore Dollar-denominated, investment grade corporate bonds in affordable units.

This ETF is launched by Nikko Asset Management (“Nikko AM”), one of the largest ETF managers in Singapore and the issuer of the Nikko AM Singapore STI ETF, ABF Singapore Bond Index and NikkoAM-StraitsTrading Asia ex-Japan REIT ETF. The fund aims to replicate the performance of the iBoxx SGD Non-Sovereigns Large Cap Investment Grade Index, providing exposure to a diverse portfolio of more than 100 corporate bonds issued by over 50 high quality issuers.