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CSOP, CGS-CIMB launch world's first Apac low-carbon ETF

Jovi Ho
Jovi Ho • 4 min read
CSOP, CGS-CIMB launch world's first Apac low-carbon ETF
With US$150 million ($215.9 million) in assets under management (AUM), the CSOP CGS-CIMB FTSE Asia Pacific Low Carbon Index ETF is Singapore’s largest equity ETF at listing. Photo: SGX
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On Sept 28, CSOP and CGS-CIMB listed the Singapore Exchange’s (SGX) first exchange-traded fund (ETF) to track the FTSE Asia Pacific Low Carbon Select Index — the first such ETF in the world.

Launched in May, the index comprises companies with the lowest carbon intensities relative to peers in their industries.

CSOP Asset Management, a leading ETF issuer based in Hong Kong, is the manager of this ETF while CGS-CIMB is the adviser.

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