CSOP CGS-CIMB FTSE Asia Pacific Low Carbon Index ETF to List on SGX

SINGAPORE, Sept 28 (Bernama-BUSINESS WIRE) — CSOP Asset Management will list its third ETF on SGX – CSOP CGS-CIMB FTSE Asia Pacific Low Carbon Index ETF (Stock Code: SGD counter: LCS/ USD counter: LCU) on 28 September 2022 and the initial offering period has already started on 23 September 2022. LCS/LCU will adopt a representative sampling strategy to track the performance of the FTSE Asia Pacific Low Carbon Select Index (the “Index”) to present the investment opportunities of the low carbon market. With AUM USD 105 million, CSOP CGS-CIMB FTSE Asia Pacific Low Carbon Index ETF is the largest equity ETF by AUM on listing in Singapore according to Bloomberg data. LCS/LCU will be available for initial investment in SGD and trading in both SGD and USD at an inception price of USD 1 with board lot size of 1 unit. The launch of LCS/LCU also marks a strategic collaboration between CSOP and CGS- CIMB Securities, with commitment to bring more ESG themed products to this region in partnership.

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