The latest collaboration between OCBC Securities and LGI tracks the iEdge APAC Financials Dividend Plus Index. The index, which follows the performance of financial services companies in Asia Pacific (APAC), includes 30 of the largest and most tradeable APAC financial institutions by free-float market capitalisation. The index is rebalanced on a semi-annual basis.
OCBC Securities and Lion Global Investors (LGI) will list the Lion-OCBC Securities APAC Financials Dividend Plus Exchange Traded Fund (ETF) on the Singapore Exchange (SGX:S68
) (SGX) on May 13.
This will be Oversea-Chinese Banking Corporation’s (OCBC) fourth ETF in less than four years after the Lion-OCBC Securities Hang Seng TECH ETF, Lion-OCBC Securities China Leaders ETF and Lion-OCBC Securities Singapore Low Carbon ETF.
