The CGS Fullgoal Singapore Next 50 Active ETF made its debut on the Singapore Exchange (SGX) on September 3.
The exchange-traded fund, which is also the first ETF benchmarked against the iEdge Singapore Next 50 Index, opened at S$1.009. The ETF raised approximately S$28.8 million (US$22.89 million) during the initial offer period, CGS says in a statement on September 3.
It also announced North Point Global Pte Ltd as the Designated Market Maker for the ETF.
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