The new ETF is said to be the largest equity ETF by assets under management (AUM) on listing in Singapore with an AUM of $150 million according to Bloomberg data.
CSOP and CGS-CIMB Securities have launched the CSOP CGS-CIMB FTSE Asia Pacific Low Carbon Index exchange-traded fund (ETF) on the Singapore Exchange (SGX) on Sept 28.
This is the first SGX-listed ETF to track the newly created FTSE Asia Pacific Low Carbon Select Index, which comprises companies with the lowest carbon intensities relative to peers in their industries.
