CSOP Asset Management is set to launch its fifth ETF – CSOP iEdge Southeast Asia+ TECH Index ETF (Stock Code: SGD counter: SQQ/ USD counter: SQU) on 20 June 2023 on Singapore Stock Exchange (SGX). SQQ/SQU will adopt a representative sampling strategy to track the performance of the iEdge Southeast Asia+ TECH Index (the “Index”), capturing the investment opportunities in the technology-related economy of the Southeast Asia and India market. The ETF is available for investment on the primary market in SGD and trading in both SGD and USD at an inception price of SGD1 with a board lot size of 1 share. The initial investment size is around USD16.5 million, primarily from international institutional investors¹.
Source: Nam News Network