It tracks the iEdge Emerging Asia Select 50 Index, created by SGX Index Edge. The index comprises the 50 largest companies across the four markets, which SGX says is characterised by strong economic expansion, rising consumer demand and growing foreign direct investment.
The Lion-China Merchants Emerging Asia Select Index ETF, managed by Lion Global Investors (LGI), listed on the Singapore Exchange (SGX:S68
) (SGX) on Dec 11.
The ETF is designed to track the growth of four Asian economies: India, Malaysia, Indonesia and Thailand.
