\n<\/p>\n
The CGS Fullgoal Singapore Next 50 Active ETF made its debut on the Singapore Exchange (SGX) on September 3.<\/p>\n
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.<\/p>\n
It also announced North Point Global Pte Ltd as the Designated Market Maker for the ETF.<\/p>\n
The CGS Fullgoal Singapore Next 50 Active ETF gives retail and institutional investors exposure to the city-state\u2019s mid-cap segment, which represents about S$109 billion in market capitalisation.<\/p>\n
\u201cSingapore\u2019s mid-cap segment is home to many established businesses that are growing, innovating and expanding their regional footprint,\u201d said Ng Yao Loong, head of global financial markets at SGX Group.<\/p>\n<\/p><\/div>\n<\/p><\/div>\n
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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…<\/p>\n","protected":false},"author":1,"featured_media":82796,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"","fifu_image_alt":"","footnotes":""},"categories":[2611],"tags":[],"class_list":["post-82795","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-buzz-headlines","wpcat-2611-id"],"brizy_media":[],"_links":{"self":[{"href":"https:\/\/sgbuzz.com\/index.php?rest_route=\/wp\/v2\/posts\/82795","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/sgbuzz.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/sgbuzz.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/sgbuzz.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/sgbuzz.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=82795"}],"version-history":[{"count":0,"href":"https:\/\/sgbuzz.com\/index.php?rest_route=\/wp\/v2\/posts\/82795\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/sgbuzz.com\/index.php?rest_route=\/wp\/v2\/media\/82796"}],"wp:attachment":[{"href":"https:\/\/sgbuzz.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=82795"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/sgbuzz.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=82795"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/sgbuzz.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=82795"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}