Nikko AM Singapore STI ETF (the "Fund")

The Nikko AM Singapore STI ETF will initially invest in a portfolio of Straits Times Index (STI) stocks listed on the Singapore Exchange. It will mirror closely the performance of the STI.


The STI is a market-weighted stock market index based on the performance of the Singapore stock market. It comprises of the most well-known and frequently traded shares on the Singapore Stock Exchange.


Investment Objective

The Fund's investment objective is to replicate as closely as possible, before expenses, the performance of the Straits Times Index or upon the Manager giving three (3) months' prior written notice to the Trustee and the Holders, such other index which tracks the performance of Singapore listed equity securities.


The Fund will seek to achieve its investment objective by investing all, or substantially all, of its assets in Index Shares in substantially the same weightings as reflected in the Index.


Key Benefits

  • The Fund is traded on the SGX-ST, allowing for ease of gaining or reducing exposure Singapore equities.
  • Low tracking error to index that allows for efficient asset allocation and trading strategies.
  • Ability to invest in a basket of benchmark stocks at a lower cost.

Who should invest in this Fund?

  • Medium to long term investors
  • Investors looking at a low-cost entry to the equity market

Why ETFs?

  • Efficient
  • Transparent
  • Flexible
Trading

As an exchange traded fund, investors can easily purchase and sell the units like a share. You can trade the Fund as how you would as a share on SGX-ST during trading hours through your broker or any online facility


Use of CPF Funds

Customers will be informed upon approval of the inclusion of the Fund in the CPFIS scheme.


Fund Details

Name of Fund
Nikko AM Singapore STI ETF		 Lot Size
100 units per lot
Fund Structure
Open-ended Listed Unit Trust, with Exchange Tracker Fund feature 		Actual Issue Price*
S$ 1.62
Benchmark
Straits Times Index 		Valuation Frequency
Daily
Governing Authority
Monetary Authority of Singapore		 Dividend Distribution Frequency
Dividends (if any) would be paid at least once per annum
Listing
Singapore Exchange 		Fund Auditor
PricewaterhouseCoopers LLP (Singapore)
Manager
Nikko Asset Management Asia Limited 		Management Fees~
0.20% p.a.
Trustee
HSBC Institutional Trust Services (Singapore) Limited 		Trustee Fees~
0.08% p.a. (subject to minimum charge)

Fees & Charges~

Usual brokerage and handling charges to apply


Creation Basket# (for 500,000 units )

Click here for the daily indicative basket of the Nikko AM Singapore STI ETF.


Fund NAV^

S$ 3.2861(as of 18 June 2013)


ISIN Stock Code

SG1X52941694


SGX Trading Name

DBS STI ETF 100


Bloomberg Ticker

DBSSTI SP


Outstanding Units

39,246,400 units (as of 18 June 2013)


Participating Dealer (IPO period)

DBS Vickers Securities


* Any excess monies arising from valid applications for the IPO were credited back to the investors' accounts. Monies from invalid applications for the IPO were refunded in full, less the S$2 ATM subscription fee.


~ Please refer to the Fund Prospectus for complete information on the Fund, relevant disclosures and fees payable.


# The information has been obtained from sources believed to be reliable at the point of publication but Nikko Asset Management Asia Limited does not warrant its completeness or accuracy and is subject to change without prior notice .


^ Fund NAV is indicative only, any rates quoted are subject to change without prior notice.